This inventor holds 1 USPTO granted patent. Top assignee: Walmart Apollo, LLC. Active years: 2022.
Company Filing History:
Years Active: 2022
Title: Peibei Shi: Innovator in Algorithmic Pricing
Introduction
Peibei Shi is a notable inventor based in Foster City, CA (US). He has made significant contributions to the field of algorithmic pricing, showcasing his expertise through his innovative patent.
Latest Patents
Peibei Shi holds a patent for "Systems and methods for algorithmic pricing." This patent includes systems and methods that utilize one or more processing modules and non-transitory storage modules. These modules store computing instructions designed to calculate various metrics, such as halo weight, item-wise elasticity, line-wise elasticity, and aggregate elasticity for items in a set. The patent also outlines methods for demand forecasting and price optimization based on these calculations.
Career Highlights
Peibei Shi is currently employed at Walmart Apollo, LLC, where he applies his innovative ideas to enhance pricing strategies. His work focuses on leveraging algorithmic methods to improve sales and optimize pricing models.
Collaborations
Peibei has collaborated with talented coworkers, including Sai Zhang and Quoc Tan Tran, contributing to a dynamic work environment that fosters innovation.
Conclusion
Peibei Shi's contributions to algorithmic pricing demonstrate his commitment to innovation in the field. His patent reflects a deep understanding of market dynamics and pricing strategies, positioning him as a valuable asset in the industry.