MUMBAI, India, July 7 -- Intellectual Property India has published a patent application (202641079394 A) filed by Lendi Institute Of Engineering And Technology on June 27, 2026, for Development Of An Intelligent Inventory Management System Algorithms For Optimal Resource Allocation.

Inventors include Dr. K. Sridhar; Dr. K Ch Sekhar; Bobbadi Ushaswini; Ravada Ramakrishna; and Dr. Ravi Kanth Yajjala.

The application for the patent was published on July 03, 2026, under issue no. 27/2026.

Abstract: The present invention relates to a computer-implemented system and method for inventory management and optimal resource allocation. The system comprises an inventory data acquisition module, a centralized inventory database, a demand forecasting m...