ALEXANDRIA, Va., May 26 -- United States Patent no. 12,639,654, issued on May 26, was assigned to MasterCard International Inc. (Purchase, N.Y.).
"Systems and methods for simplified supply chain management" was invented by Jaipal Singh Kumawat (Sikar, India), Gurpreet Atwal (Chesterfield, Mo.) and Shivani Magarkar (Tikari, India).
According to the abstract* released by the U.S. Patent & Trademark Office: "Examples provide methods for managing inventory exchanges between suppliers and merchants. The method includes transmitting a unit code associated with a unit of product to a supplier, where the unit code is a machine-readable image that embeds a unit identifier (ID) allocated to individual units of product; receiving a message that incl...