Company Filing History:
Years Active: 2022-2025
Title: Kyuhoon Lim: Innovator in Inventory Estimation Systems
Introduction
Kyuhoon Lim is a prominent inventor based in Seoul, South Korea. He has made significant contributions to the field of inventory estimation through his innovative patents. With a total of 2 patents, Lim's work focuses on enhancing the efficiency of inventory management systems.
Latest Patents
Kyuhoon Lim's latest patents include "Systems and methods for inventory estimation" and "Cycle and safety stock determination systems." The first patent discloses methods and computer-readable media for target inventory estimation of a geographical region. This method involves receiving an item identifier associated with an item for target inventory estimation. It accesses the demand share estimate of the item in the geographical region, along with the mean and variance estimates of the demand share. The method then utilizes overall demand forecast data to calculate the mean and variance estimates of the demand forecast. Ultimately, it determines the target inventory estimation for the region based on these calculations.
The second patent focuses on intelligent distribution of products. It describes a system that includes a memory storing instructions and a processor configured to execute these instructions. The processor performs operations such as receiving forecasting data that includes expected demand for a stock-keeping unit (SKU) and determining the target inventory to meet this demand. Additionally, it assesses historical data from fulfillment centers to generate profiles and assigns portions of the regional target inventory accordingly.
Career Highlights
Kyuhoon Lim is currently employed at Coupang Corporation, a leading e-commerce company in South Korea. His work at Coupang involves applying his innovative ideas to improve inventory management and distribution processes.
Collaborations
Some of Kyuhoon Lim's notable coworkers include Rajesh Medidhi and Smita Mohan. Their collaboration contributes to the advancement of inventory estimation technologies within the company.
Conclusion
Kyuhoon Lim's contributions to inventory estimation systems demonstrate his commitment to innovation in the field. His patents reflect a deep understanding of inventory management and a drive to enhance operational efficiency.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.