Location History:
- Seattle, WA (US) (2017)
- Mercer Island, WA (US) (2019)
Company Filing History:
Years Active: 2017-2019
Title: Innovations by Nicholas Deming Sherman
Introduction
Nicholas Deming Sherman is an accomplished inventor based in Mercer Island, WA (US). He has made significant contributions to the field of inventory management through his innovative patents. With a total of 2 patents, Sherman has developed advanced techniques that enhance the efficiency of inventory systems.
Latest Patents
One of Sherman's latest patents is titled "Inventory optimization based on leftover demand distribution function." This invention focuses on determining expected demand for an item by modeling the impact of demand fluctuations between planning horizons. The system estimates leftover demand that needs to be fulfilled, which can be less than the unfulfilled demand from the current planning horizon. This approach utilizes historical data to improve inventory planning.
Another notable patent is "Adaptive control of an item inventory plan." This invention provides techniques for making informed decisions regarding the acquisition of inventory units. By simulating demand and analyzing discrepancies in capacity consumption, Sherman’s system updates opportunity costs associated with inventory capacity. This allows for more accurate decision-making regarding inventory acquisition, ultimately optimizing resource utilization.
Career Highlights
Nicholas Deming Sherman is currently employed at Amazon Technologies, Inc., where he applies his expertise in inventory management. His work at Amazon has allowed him to contribute to the development of innovative solutions that streamline operations and enhance customer satisfaction.
Collaborations
Sherman has collaborated with notable colleagues, including Jeffrey B Maurer and Deepak Bhatia. These partnerships have fostered a creative environment that encourages the exchange of ideas and the development of cutting-edge technologies.
Conclusion
Nicholas Deming Sherman is a prominent inventor whose work in inventory optimization has made a significant impact on the industry. His innovative patents reflect his commitment to improving inventory management practices. Through his contributions, Sherman continues to shape the future of inventory systems.