US Patent Issued to Blue Yonder Group on Feb. 17 for "System and method of lost sales correction for promoted periods" (Arizona Inventor)

ALEXANDRIA, Va., Feb. 17 -- United States Patent no. 12,555,130, issued on Feb. 17, was assigned to Blue Yonder Group Inc. (Scottsdale, Ariz.).

"System and method of lost sales correction for promoted periods" 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 correcting lost sales for promotional periods. The method includes computing an average daily proportion of sales within calendar weeks for products, computing an expected range comprising a minimum and a maximum expected share for each day for the products, comparing historical daily shares with the expected ranges for the calendar weeks, determining a refere...