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 8214268 B1

PDF
Full Text
Expired
Date of Patent:
Jul. 03, 2012

Filed:

Aug. 20, 2009
Applicants:

Edward W. Armstrong, Chapel Hill, NC (US);

Brian T. Eck, Poughkeepsie, NY (US);

Mark A. Henderson, Hopewell Junction, NY (US);

Daniel J. Peters, Somers, NY (US);

Howard K. Porter, Research Triangle Park, NC (US);

Linda L. Scheib, Austin, TX (US);

Elizabeth C. Szymanowicz, Newburgh, NY (US);

Inventors:

Edward W. Armstrong, Chapel Hill, NC (US);

Brian T. Eck, Poughkeepsie, NY (US);

Mark A. Henderson, Hopewell Junction, NY (US);

Daniel J. Peters, Somers, NY (US);

Howard K. Porter, Research Triangle Park, NC (US);

Linda L. Scheib, Austin, TX (US);

Elizabeth C. Szymanowicz, Newburgh, NY (US);

Attorneys:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
A01K 5/02 (2006.01);
U.S. Cl.
CPC ...
Abstract

A system for resolving demand and supply imbalances includes a supply liability reduction process (SLRP) executable upon identifying an excess component inventory liability. The SLRP includes: a procurement and development assessment sub-process that represents a greatest magnitude of liability; a liability council assessment sub-process that represents a magnitude of liability less than that of the procurement and development assessment sub-process; a sales activities sub-process that represents a magnitude of liability less than that of the liability council assessment sub-process; and a liability write-off sub-process that represents a magnitude of liability less than that of the sales activities sub-process. The SLRP performs one or more sub-processes in an order of the magnitude of liability. The sub-process reduces the excess component inventory liability by: determining alternative end products that use components identified in the excess component inventory liability; and executing for enticing sales of alternative end products.


Find Patent Forward Citations

Armstrong, Edward. (2012). Resolving demand and supply imbalances (U.S. Patent No. 8214268). U.S. Patent and Trademark Office. https://idiyas.com/patent/badge/8214268

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

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