ALEXANDRIA, Va., Aug. 6 -- United States Patent no. 12,380,504, issued on Aug. 5.

"Systems and methods for managing assets" was invented by Eleanor Mitch (Houston), Dharmesh Patel (Houston) and Christopher V. Beckman (Miami).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems, devices and methods for monitoring and managing parts, enterprise resources and other assets, and alleviating risks, in a complex collaboration environment are provided. According to some example aspects of the invention, a device with a hardware- and software-based control system creates unique asset-related information for use in a manufacturing, maintenance and/or tracking process. In other example aspects, the system records that...