This inventor holds 3 USPTO granted patents. Top assignees: Demandtec, Inc., International Business Machines Corporation. Active years: 2011-2017.
Company Filing History:
2 out of 26 
1 out of 166,209 
Years Active: 2011-2017
Title: Sean Kervin: Innovator in Product Analysis and Price Optimization
Introduction
Sean Kervin is a notable inventor based in Denver, Colorado. He has made significant contributions to the fields of product role analysis and price optimization in retail. With a total of 3 patents, Kervin's work focuses on enhancing the understanding of product roles and optimizing pricing strategies for better retail performance.
Latest Patents
One of Kervin's latest patents is a system and method for analyzing product roles. This invention involves a comprehensive approach to classifying products based on their roles, utilizing volume data and demand coefficients. By determining the elasticity of products, Kervin's system allows for a graphical comparison of product volumes versus elasticities. This classification helps identify products as image items, niche products, assortment completers, or profit drivers.
Another significant patent is a system and method for forecasting price optimization benefits in retail stores. This invention employs merchandising decomposition analysis to generate econometric models for product sales. By collecting point of sales data, the system forecasts benefits and optimizes pricing strategies. The analysis includes various methods to determine pre- and post-optimization prices and profits, ultimately enhancing retail performance.
Career Highlights
Throughout his career, Sean Kervin has worked with prominent companies such as Demandtec, Inc. and IBM. His experience in these organizations has contributed to his expertise in product analysis and pricing strategies. Kervin's innovative approaches have made a lasting impact on the retail industry.
Collaborations
Kervin has collaborated with talented individuals in his field, including Howard Yihzan Wu and Jason Lee Gunnink. These partnerships have fostered a creative environment that has led to the development of groundbreaking inventions.
Conclusion
Sean Kervin is a distinguished inventor whose work in product role analysis and price optimization has significantly influenced the retail sector. His innovative patents and collaborations highlight his commitment to advancing these fields.