Location History:
- Springfield, OH (US) (2011)
- Lawrenceburg, IN (US) (2012)
Company Filing History:
3 out of 21,993 
3 out of 7 
Years Active: 2011-2012
Title: Innovations by Steven Michael Swank
Introduction
Steven Michael Swank is an accomplished inventor based in Springfield, OH (US). He holds three patents that showcase his expertise in developing innovative systems for inventory and parts management. His work has significantly contributed to improving efficiency in production environments.
Latest Patents
One of his notable patents is the "Computerized System and Method for Automated Demand-Based Parts Delivery." This invention provides a management system that automates the delivery of parts based on production demand. It involves receiving parts at a warehouse, storing them in designated inventory areas, and utilizing a database to track their locations. The system performs a 'demand pegging' operation to ensure that parts are replenished before they run out, thus optimizing the supply chain.
Another significant patent is the "Computerized System and Method for Managing Parts Shortages." This system analyzes inventory and production demand data to predict potential shortages. By identifying when and what types of shortages may occur, logistics providers can take proactive measures to mitigate their impact on production. This capability allows for a continuous flow of parts, ensuring that production schedules are maintained.
Career Highlights
Throughout his career, Steven has worked with prominent companies such as Honda Motor Co., Ltd. and Midwest Express Inc. His experience in these organizations has equipped him with valuable insights into the logistics and manufacturing sectors.
Collaborations
Steven has collaborated with notable individuals in his field, including John Campbell and Hiroshi Kawaguchi. These partnerships have likely contributed to the development and refinement of his innovative ideas.
Conclusion
Steven Michael Swank's contributions to the field of inventory and parts management through his patents demonstrate his commitment to innovation. His work continues to influence the efficiency of production processes in various industries.