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The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.

The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.

Patent No.:

US 12008497 B1

PDFFull Text
Date of Patent:
Jun. 11, 2024

Filed:

Dec. 03, 2020

Demand sensing and forecasting

Applicant:

Nb Ventures, Inc., Clark, NJ (US);

Inventors:

Subhash Makhija, Westfield, NJ (US);

Vanamali Porethi, Hyderabad, IN;

Kiran Kumar Kandula, Hyderabad, IN;

Vengatakrishnan Narayanasamy, Chestnut Hill, MA (US);

Shivendra Singh Malik, Mumbai, IN;

Assignee:

NB Ventures, Inc., Clark, NJ (US);

Attorneys:

BrownWinick Law Firm

David M. Breiner

Primary Examiner:

Thomas L Mansfield

Int. Cl.
CPC ...
G06Q 10/0631 (2023.01); G06F 16/215 (2019.01); G06F 16/23 (2019.01); G06F 16/28 (2019.01); G06N 3/044 (2023.01); G06N 3/045 (2023.01); G06N 3/088 (2023.01); G06Q 10/087 (2023.01); G06Q 30/0201 (2023.01); G06Q 30/0202 (2023.01);
U.S. Cl.
CPC ...
G06Q 10/06315 (2013.01); G06F 16/215 (2019.01); G06F 16/2365 (2019.01); G06F 16/285 (2019.01); G06N 3/044 (2023.01); G06N 3/045 (2023.01); G06N 3/088 (2013.01); G06Q 10/087 (2013.01); G06Q 30/0201 (2013.01); G06Q 30/0202 (2013.01);
Abstract

The present invention provides a data processing system and method for demand sensing and forecasting. The invention includes generating hierarchical data set from historical data of one or more objects and processing the hierarchical data based on one or more forecasting data models created by an artificial engine to predict data trend. The invention determines required safety stock for each category of the one or more objects.

Find Patent Forward Citations

Makhija, Subhash. (2024). Demand sensing and forecasting (U.S. Patent No. 12008497). U.S. Patent and Trademark Office. https://idiyas.com/patent/badge/12008497

Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile

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