Company Filing History:
Years Active: 1993
Title: The Innovative Contributions of William P. Smead
Introduction
William P. Smead is a notable inventor based in Palatine, IL (US). He has made significant contributions to the field of point of sale technology. His innovative ideas have led to the development of a unique register system that enhances transaction efficiency.
Latest Patents
William P. Smead holds a patent for a point of sale register system. This system facilitates point of sale transactions for various products, each associated with a bar code encoded product identification. The register system includes a central computer that stores sales price data for each product. It features multiple distributed point of sale registers connected to the central computer, along with a bar code reader for scanning product identifications. The system is designed to communicate effectively, ensuring that the sales price for selected products is accurately transferred to the respective registers. Additionally, it incorporates a bidirectional card reader for reading data from magnetic stripe cards.
Career Highlights
William P. Smead has worked with Sears, Roebuck & Company, where he has applied his inventive skills to improve retail technology. His work has contributed to the efficiency of sales transactions in retail environments.
Collaborations
William has collaborated with Anthony J. Fernandes, enhancing the development of innovative solutions in the retail sector.
Conclusion
William P. Smead's contributions to point of sale technology exemplify the impact of innovation in enhancing retail operations. His patent for a register system showcases his commitment to improving transaction processes.