Company Filing History:
Years Active: 2020
Title: Thomas L Scheid: Innovator in Supply-Side Planning
Introduction
Thomas L Scheid is an accomplished inventor based in Rochester, MN (US). He has made significant contributions to the field of supply-side planning through his innovative patent. His work focuses on optimizing inventory management during product transitions, which is crucial for businesses navigating the complexities of changing product lines.
Latest Patents
Scheid holds a patent titled "Balancing inventory by personalized transition planning." This patent encompasses a system, method, and computer program product designed for effective supply-side planning of inventories during product transitions. The system generates recommendations that include personalized shaping actions to control each customer's rate of adoption of a new product, replacing an older legacy product during a transition period. It aims to optimize the overall use of available supply while accommodating the unique needs of each customer.
Career Highlights
Scheid's career is marked by his role at International Business Machines Corporation (IBM), where he has applied his expertise in supply chain management and inventory optimization. His innovative approach has led to the development of methods that tailor customer experiences based on their individual profiles and the constraints of production and inventory.
Collaborations
Throughout his career, Scheid has collaborated with notable colleagues, including Roger Douglas Lederman and Rajesh Kumar Ravi. These partnerships have contributed to the advancement of his work and the successful implementation of his patented systems.
Conclusion
Thomas L Scheid's contributions to supply-side planning through his innovative patent demonstrate his commitment to enhancing inventory management practices. His work not only benefits businesses but also sets a standard for future innovations in the field.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.