Company Filing History:
Years Active: 2025
Title: YoungHoon Jeong: Innovator in Inventory Estimation
Introduction
YoungHoon Jeong is a prominent inventor based in Seoul, South Korea. He has made significant contributions to the field of inventory estimation through his innovative patent. His work focuses on systems and methods that enhance the accuracy of inventory management in geographical regions.
Latest Patents
YoungHoon Jeong holds a patent for "Systems and methods for inventory estimation." This patent discloses systems and methods, along with computer-readable media, for target inventory estimation of a geographical region. The method involves receiving an item identifier associated with an item for target inventory estimation. It accesses the demand share estimate of the item in the geographical region, as well as the mean and variance estimates of the demand share. Furthermore, the method utilizes overall demand forecast data for the item to calculate the mean and variance estimates of the demand forecast. Ultimately, it determines the target inventory estimation of the region using the generated estimates.
Career Highlights
YoungHoon Jeong is currently employed at Coupang Corporation, a leading e-commerce company in South Korea. His role involves leveraging his expertise in inventory management to improve operational efficiency and customer satisfaction.
Collaborations
Some of his notable coworkers include Hernan Awad Amar and Je Kim, who contribute to the innovative environment at Coupang Corporation.
Conclusion
YoungHoon Jeong's work in inventory estimation showcases his commitment to advancing technology in supply chain management. His innovative patent reflects his expertise and dedication to improving inventory accuracy in geographical regions.
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.