US Patent Issued to Blue Yonder Group on March 31 for "System and method of reverse sourcing of product returns based on restorage cost models" (Indian, American Inventors)

ALEXANDRIA, Va., March 31 -- United States Patent no. 12,591,850, issued on March 31, was assigned to Blue Yonder Group Inc. (Scottsdale, Ariz.).

"System and method of reverse sourcing of product returns based on restorage cost models" was invented by Abhijeet Sharma (Khandwa, India), Mayank Tiwari (Serilingampalle, India), Pankaj Rathoure (Shajapur, India), Priyanka Koushik (Irving, Texas) and Raghuveer Prasad Nagar (Kota, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system and method are disclosed for modeling restorage cost for reverse sourcing of regular items. The method includes detecting a return request from a customer for an item, identifying a supply type for the item, predicting a demand...