logo

For the Inventor, By the Inventor

Ottweiler, Germany

Markus Welter

USPTO Granted Patents = 10

Average Co-Inventor Count = 2.6

ph-index = 6

Forward Citations = 181(Granted Patents)


Company Filing History:

goldMedal10 out of 3,607 
 
Sap Ag
 patents

Years Active: 2010-2013

Loading Chart...
10 patents (USPTO):Explore Patents
1. 8423428 - Method for allocation of budget to order periods and delivery periods in a purchase order system (2013-04-16),
2. 8117078 - Method and program product for event monitoring (2012-02-14),
3. 8050990 - Method of and system for generating purchase orders using an auction process (2011-11-01),
4. 8046273 - System and method for purchase order creation, procurement, and controlling (2011-10-25),
5. 8027886 - Program product for purchase order processing (2011-09-27),
6. 7962377 - Computer program product for purchase order processing (2011-06-14),
7. 7853491 - Purchase orders based on purchasing list, capacity plans, assortment plans, and area spread assortment plans (2010-12-14),
8. 7742948 - Method of and system for allocating an OTB-relevant purchasing contract (2010-06-22),
9. 7660742 - Method of and system for processing purchase orders (2010-02-09),
10. 7647250 - Method and program product for event monitoring (2010-01-12),

Title: The Innovative Mind of Markus Welter

Introduction

Markus Welter, a prominent inventor based in Ottweiler, Germany, has made significant contributions to the field of purchasing and order management systems. With a total of ten patents to his name, Welter's innovative spirit is evident in his recent work that aims to enhance efficiency in processing purchase orders.

Latest Patents

Among his latest inventions, Welter has developed a "Method for allocation of budget to order periods and delivery periods in a purchase order system." This method streamlines the processing of purchase orders by integrating budget allocation with the respective order and delivery periods. The system evaluates electronic purchase orders and determines their acceptance or rejection based on budget availability, ensuring that financial resources are aptly managed.

Another noteworthy patent from Welter is the "Method and program product for event monitoring." This invention facilitates the monitoring of purchase order statuses by leveraging timeline information and analytics to notify users of any missed deadlines. The system not only alerts users but also suggests remedial measures, enhancing the overall efficiency of order management.

Career Highlights

Welter currently works at SAP AG, a leading enterprise software company known for its innovative solutions that help businesses run efficiently. His position at SAP has provided him with a robust platform to develop and refine his ideas, contributing significantly to advancing technology in procurement processes.

Collaborations

Throughout his career, Welter has collaborated with notable colleagues such as Alexander Grendel and Holger Wittmer. These partnerships have enabled him to leverage diverse perspectives in the development of his patents, resulting in more comprehensive and functional technological solutions.

Conclusion

Markus Welter is an exemplary inventor whose work continues to shape the landscape of purchase order management. His innovative patents not only reflect his ingenuity but also contribute to streamlining processes that enhance overall productivity in the business sector. As technology evolves, the impact of Welter's inventions will likely be felt across industries, reaffirming the importance of innovation in driving progress.

This text is generated by artificial intelligence and may not be accurate.
Please report any incorrect information to support@idiyas.com
Loading…