Intellectual Property India Publishes Patent Application for 'Systems And Methods For Optimization Of A Product Inventory By An Intelligent Adjustment Of Inbound Purchase Orders' Filed by Coupang Corp.

MUMBAI, India, April 25 -- Intellectual Property India has published a patent application (202047049240 A) filed by Coupang Corp., Seoul, Republic of Korea, on Nov. 11, 2020, for 'systems and methods for optimization of a product inventory by an intelligent adjustment of inbound purchase orders.'

Inventor(s) include Wei, Wei; Zhang, Guangyao; Zang, Yong; and Schoenharl, Timothy.

The application for the patent was published on April 25, under issue no. 17/2025.

According to the abstract released by the Intellectual Property India: "A computer-implemented systems and methods for intelligent generation of purchase orders is disclosed. The system may be configured to execute instructions for: receiving one or more demand forecast quantities ...