Larry P Menke

Title: Larry P Menke: Innovator in Product Assortment Segmentation

Introduction

Larry P Menke is a notable inventor based in Chicago, IL (US). He has made significant contributions to the field of product assortment segmentation through his innovative patent. His work focuses on enhancing the efficiency of product categorization and sales data analysis.

Latest Patents

Larry P Menke holds a patent titled "Methods, systems, articles of manufacture and apparatus for configurable segmentation of product assortments." This patent discloses methods, apparatus, systems, and articles of manufacture for text extraction from a receipt image. The invention includes a non-transitory computer-readable medium that comprises instructions to generate a baseline product hierarchy using product information. It also calculates categorical impact values for products, computes an average impact value, and generates final weighted categorical impact values based on various factors.

Career Highlights

Larry is currently employed at Nielsen Consumer LLC, where he applies his expertise in product assortment segmentation. His innovative approach has contributed to the company's ability to analyze consumer behavior and improve product offerings.

Collaborations

Some of Larry's coworkers include Doreen Stahl and Madison R Smith, who collaborate with him on various projects within the company.

Conclusion

Larry P Menke's contributions to the field of product assortment segmentation through his patent demonstrate his innovative spirit and commitment to enhancing consumer insights. His work continues to influence the way companies analyze and categorize products in the marketplace.