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.:
Date of Patent:
Aug. 04, 2026
Filed:
Dec. 02, 2022
Strong Force Vcn Portfolio 2019, Llc, Fort Lauderdale, FL (US);
Charles H. Cella, Pembroke, MA (US);
Andrew Cardno, San Diego, CA (US);
Benjamin D. Goodman, Los Angeles, CA (US);
Hristo Malchev, Alta Loma, CA (US);
STRONG FORCE VCN PORTFOLIO 2019, LLC, Fort Lauderdale, FL (US);
Abstract
A system for product replacement includes a product logistics system for a product in a product condition. The system includes an exposure data collection system configured to collect exposure data indicating at least one of an event or an environmental condition that may impact the product condition of the product. The system includes a replacement determination system programmed to calculate a probability for the need to replace the product based on the at least one of the event or the environmental condition. The system includes a replacement procurement system programmed to autonomously configure an option-type futures contract for replacement of the product based on the probability for the need to replace the product.