ALEXANDRIA, Va., June 17 -- United States Patent no. 12,314,985, issued on May 27, was assigned to Blue Yonder Group Inc. (Scottsdale, Ariz.).
"System and method for extracting hindsights for assortment planning" was invented by Karthik Kondapaneni (Kondapur, India).
According to the abstract* released by the U.S. Patent & Trademark Office: "A system and method are disclosed for extracting hindsights for assortment planning. The system provides for classifying each of one or more products in a product display area of a retail entity as high-performers or low-performers according to selected metrics. The system further provides for identifying a strength of each individual product attribute associated with each of the products, deriving a ...