Company Filing History:
Years Active: 2006
Title: The Innovative Mind of Tom Grossman
Introduction
Tom Grossman is an accomplished inventor based in Rockville, MD (US). He is known for his significant contributions to the field of dynamic pricing systems. With a focus on optimizing pricing strategies, Grossman has developed a patented system that enhances business decision-making.
Latest Patents
Grossman's most notable patent is a dynamic pricing system that generates pricing recommendations for products in various markets. This innovative system normalizes historic pricing and sales data, analyzing it through parameters that align with the user's business objectives. By forecasting expected sales based on market segments and product types, the system determines the effects of price changes on future sales. Additionally, it calculates unit costs and estimates profits from sales at different prices, optimizing prices according to inventory constraints and generating alerts based on pre-set conditions.
Career Highlights
Throughout his career, Tom Grossman has made a significant impact in the field of pricing strategies. His work has been instrumental in helping businesses make informed pricing decisions that align with their objectives. His expertise in analyzing market data has positioned him as a valuable asset in the industry.
Collaborations
Grossman has collaborated with notable colleagues, including Robert L. Phillips and Michael S. Gordon. These partnerships have further enriched his work and contributed to the development of innovative solutions in pricing systems.
Conclusion
Tom Grossman's contributions to dynamic pricing systems exemplify his innovative spirit and dedication to enhancing business practices. His patented technology continues to influence how companies approach pricing strategies, making him a noteworthy figure in the field of invention.