US Patent Issued to TATA CONSULTANCY SERVICES on July 7 for "Method and system for material replenishment planning" (Michigan, Ohio Inventors)

ALEXANDRIA, Va., July 7 -- United States Patent no. 12,675,767, issued on July 7, was assigned to TATA CONSULTANCY SERVICES Ltd. (Mumbai, India).

"Method and system for material replenishment planning" was invented by Kyle Stephen Cooper (Cincinnati), Devadatta Madhukar Kulkarni (Rochester Hills, Mich.) and Jeffrey David Tew (Rochester Hills, Mich.).

According to the abstract* released by the U.S. Patent & Trademark Office: "State of the art approaches being used for material replenishment planning have the disadvantage that they fall short in addressing the realities of evolving demand mixes and product utilization. The technologies leverage inflexible statistical models which are tightly coupled to specific industries, business processe...