Company Filing History:
Years Active: 2020
Title: Innovations of Wen-Yu Hua in Demand Forecasting
Introduction
Wen-Yu Hua is an accomplished inventor based in Seattle, WA, known for his innovative contributions to demand forecasting. His work primarily focuses on utilizing machine learning techniques to enhance the accuracy of item demand predictions. With a patent to his name, he has made significant strides in the field of data-driven forecasting.
Latest Patents
Wen-Yu Hua holds a patent titled "Demand forecasting via direct quantile loss optimization." This patent describes a method and system for item demand forecasting that leverages machine learning techniques to generate a set of quantiles. The techniques involve identifying relevant item features that serve as inputs to a regression module, which calculates a set of quantiles for each item. These quantiles represent various confidence levels or probabilities associated with calculated demand values. The method also considers costs associated with items to select appropriate quantiles, ultimately generating an item demand forecast that may trigger automatic ordering based on the forecasted demand.
Career Highlights
Wen-Yu Hua is currently employed at Amazon Technologies, Inc., where he applies his expertise in machine learning and data analysis to improve demand forecasting processes. His innovative approach has the potential to significantly enhance inventory management and operational efficiency within the company.
Collaborations
Wen-Yu Hua has collaborated with notable colleagues, including Kari E J Torkkola and Ru He, who contribute to the advancement of technology in demand forecasting and related fields.
Conclusion
Wen-Yu Hua's innovative work in demand forecasting exemplifies the intersection of machine learning and practical applications in business. His contributions are paving the way for more accurate and efficient forecasting methods, which can greatly benefit companies like Amazon Technologies, Inc.