Company Filing History:
Years Active: 2002-2013
Title: The Innovative Contributions of William Grey
Introduction
William Grey is a notable inventor based in Millwood, NY (US), recognized for his significant contributions to technology and service management. With a total of 13 patents to his name, Grey has developed innovative solutions that enhance operational efficiency and inventory management.
Latest Patents
Among his latest patents is the "Option framework for managing on-demand service offerings." This invention outlines a method and system for managing on-demand service offerings within a service delivery chain. The process involves a service provider announcing upfront capacity pricing, an on-demand premium structure, and an on-demand exercise structure. Additionally, a service distributor commits to upfront capacity and units of on-demand options, while the service provider provisions resources to the service distributors. The pricing structure includes components for immediate use, on-demand premiums, and usage fees.
Another significant patent is the "Value-based framework for inventory management." This framework allows firms to establish risk and return targets for inventory-related capital investments and operational management. It generates a set of possible inventory investments and computes their values by decomposing cash flows into a portfolio of long and short positions in an underlying asset. A valuation methodology is then applied to determine the value of each position, ultimately selecting the inventory investment with the best value.
Career Highlights
William Grey is currently employed at International Business Machines Corporation (IBM), where he continues to innovate and contribute to the field of technology. His work has had a profound impact on how companies manage their service offerings and inventory.
Collaborations
Throughout his career, Grey has collaborated with notable colleagues, including Paul Andrew Moskowitz and Clifford A Pickover. These partnerships have fostered an environment of creativity and innovation, leading to the development of groundbreaking technologies.
Conclusion
William Grey's contributions to the fields of service management and inventory control exemplify the spirit of innovation. His patents reflect a deep understanding of operational efficiency and value creation, making him a significant figure in the world of technology.
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.