US Patent Issued to Blue Yonder Group on Aug. 12 for "Distribution-independent inventory approach under multiple service level targets" (Canadian Inventors)

ALEXANDRIA, Va., Aug. 12 -- United States Patent no. 12,387,174, issued on Aug. 12, was assigned to Blue Yonder Group Inc. (Scottsdale, Ariz.).

"Distribution-independent inventory approach under multiple service level targets" was invented by Yossiri Adulyasak (Montreal), Thierry Moisan (Quebec, Canada) and Eric Prescott-Gagnon (Montreal).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system and method are disclosed for an inventory planner that generates an inventory policy using any form of demand distributions, non-linear cost functions and/or multiple target measures of service levels, while taking into account a supply order lead time, such as, for example, a static or stochastic supply order lead time...