US Patent Issued to Blue Yonder Group on June 17 for "System and method of demand planning for substitutable items" (Arizona Inventor)

ALEXANDRIA, Va., June 19 -- United States Patent no. 12,333,562, issued on June 17, was assigned to Blue Yonder Group Inc. (Scottsdale, Ariz.).

"System and method of demand planning for substitutable items" was invented by Philippe Jean-Marc Tilly (Scottsdale, Ariz.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system and method are disclosed for planning a product assortment based on a sales forecast without using a cross elasticity by receiving a percentage pricing change for at least two substitutable products of an inventory in a supply chain network having one or more supply chain entities, and at least two substitutable products are grouped in the same product category and at least one of at least t...