Company Filing History:
Years Active: 2005-2006
Title: Jorgen K. Andersson: Innovator in Dynamic Pricing Systems
Introduction
Jorgen K. Andersson is a notable inventor residing in Sunnyvale, California. He has made significant contributions in the field of dynamic pricing, holding two patents that enhance the efficiency of pricing strategies for businesses.
Latest Patents
Andersson's most recent inventions include the **Dynamic Pricing System** and the **Target Pricing System**. The Dynamic Pricing System provides pricing recommendations for various products based on historical pricing and sales data. It utilizes parameters reflecting business objectives to generate an effective pricing list. The system forecasts expected sales according to market segments and product types, while also determining the potential effects of price changes on these forecasts. Furthermore, it calculates unit costs, estimates profits based on sales at different price points, and optimizes prices while considering current inventory constraints.
The Target Pricing System, on the other hand, focuses on generating optimum bids for goods or services in competitive environments. This process is executed by a business system connected to one or more processors and data stores. It employs a product model to establish list values and incorporates a competitor net price model to assess equivalent competitor pricing.
Career Highlights
Jorgen K. Andersson is affiliated with Manugistics Inc., a company known for its expertise in pricing and supply chain management solutions. His work at Manugistics has positioned him as an influential figure in developing innovative pricing methodologies.
Collaborations
Throughout his career, Andersson has collaborated with notable colleagues, including Dean Weldon Boyd and Mike Gordon. These professional relationships have potentially contributed to the advancement of pricing technologies and strategies in various industries.
Conclusion
Jorgen K. Andersson exemplifies the role of an innovator in the dynamic pricing landscape. Through his inventive spirit and collaboration with esteemed professionals, he continues to impact how companies approach pricing strategy, ultimately enhancing their competitiveness in the market.