Sayon Majumdar

Title: Innovations by Sayon Majumdar

Introduction

Sayon Majumdar is an accomplished inventor based in Sunnyvale, California. He has made significant contributions to the field of demand forecasting, holding three patents that showcase his innovative approaches to inventory management and forecasting systems.

Latest Patents

One of his latest patents is titled "Hierarchical Demand Forecasting Modeling." This patent describes methods and systems for providing hierarchical demand forecasting aimed at state space reduction. By utilizing a hierarchical architecture, a base model can be trained to capture a range of shared structures in a dataset, which can then be used to draw inferences from smaller, representative data sets. This innovative approach allows for the training of downstream models on the structure and samples of uncensored demand generated by the base model, enabling accurate forecasts for items and locations, even when historical data is scarce.

Another notable patent is "Multi-Channel Demand Planning for Inventory Planning and Control." This patent discloses methods and systems for forecasting demand across multiple channels. The implementation allows for multi-channel demand forecasting on a per-item, per-location basis. By selectively generating forecasts for each item and location within a supply chain, this system enhances the efficiency of demand planning across extensive supply chains with numerous locations and items.

Career Highlights

Sayon Majumdar is currently employed at Target Brands, Inc., where he applies his expertise in demand forecasting to improve inventory management processes. His innovative work has positioned him as a key contributor to the company's operational efficiency.

Collaborations

Sayon collaborates with talented coworkers, including Tikhon Jelvis and Jacob Portnoy, who contribute to the development and implementation of advanced forecasting systems.

Conclusion

Sayon Majumdar's innovative patents and contributions to demand forecasting demonstrate his commitment to enhancing inventory management practices. His work continues to influence the field and drive advancements in supply chain efficiency.