US Patent Issued to Thrive Technologies on March 3 for "System and processes for optimizing inventory" (Georgia Inventor)

ALEXANDRIA, Va., March 3 -- United States Patent no. 12,567,034, issued on March 3, was assigned to Thrive Technologies Inc. (Marietta, Ga.).

"System and processes for optimizing inventory" was invented by Louis Rick Morris (Kennesaw, Ga.).

According to the abstract* released by the U.S. Patent & Trademark Office: "The present system and methods generally relate to managing stock of unforecastable supply items and various goods sold by a retailer and/or wholesaler. The present system and methods can employ various techniques to integrate with retailers computing infrastructure and receive data to determine unforecastable supply items of the retailers and/or wholesalers. Using novel techniques, the present system and methods can employ mac...