Company Filing History:
Years Active: 2017-2021
Title: Onur Özkök: Innovator in Inventory Planning
Introduction
Onur Özkök is a notable inventor based in Issaquah, WA (US). He has made significant contributions to the field of inventory planning, holding 2 patents that showcase his innovative approach to managing inventory systems.
Latest Patents
His latest patents include "Multi-echelon inventory planning under dynamic fulfillment policies." This patent discloses features related to systems and methods for predictive estimation for network inventory planning for items distributed through a multi-echelon network. The model accounts for demand for an item that may be satisfied by fulfillment centers within the network. It considers the benefits of ensuring adequate inventory to meet expected demand streams, along with savings from lower transfer and salvage costs.
Another significant patent is "Adaptive control of an item inventory plan." This patent provides techniques for determining decisions to acquire units of an item to be inventoried. It simulates demand for an item to determine the consumption of capacity for inventorying the item. A discrepancy between the consumption of capacity and the actual capacity is identified, and the opportunity cost associated with the capacity is updated based on this discrepancy. If the resulting discrepancy meets a convergence criterion, a decision to acquire the units of the item is generated based on the updated opportunity cost.
Career Highlights
Onur Özkök is currently employed at Amazon Technologies, Inc., where he applies his expertise in inventory management and planning. His work focuses on developing innovative solutions that enhance the efficiency of inventory systems.
Collaborations
He collaborates with talented professionals such as Deepak Bhatia and Tolga Han Seyhan, contributing to a dynamic and innovative work environment.
Conclusion
Onur Özkök's contributions to inventory planning through his patents reflect his commitment to innovation and efficiency in supply chain management. His work continues to influence the field and drive advancements in inventory systems.