Changeflow GovPing Banking & Finance USPTO Patent Grant: Inventory Management System
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USPTO Patent Grant: Inventory Management System

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Published March 24th, 2026
Detected March 25th, 2026
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Summary

The USPTO has granted patent US12586028B2 for an inventory management system to Trade Capital Corporation. The patent covers a hybrid distributed computing system for recording inventory title with a third party after delivery, allowing for separate cost and accounting management from physical possession.

What changed

The United States Patent and Trademark Office (USPTO) has granted patent US12586028B2, titled "Method and system for managing inventory," to Trade Capital Corporation. The patent, effective March 24, 2026, describes a hybrid distributed computing system and database designed to manage inventory title separately from physical possession. This system allows for the recording of inventory title with a third party after delivery to a producer's location, enabling on-demand access and management of inventory costs and accounting.

This patent grant is primarily an intellectual property matter and does not impose new regulatory obligations on businesses. However, companies involved in inventory management, supply chain logistics, or utilizing distributed computing systems for asset tracking may find the patented technology relevant. The abstract suggests potential applications in managing inventory costs and accounting separately from physical possession, which could influence business practices for producers and users of inventory.

Source document (simplified)

← USPTO Patent Grants

Method and system for managing inventory

Grant US12586028B2 Kind: B2 Mar 24, 2026

Assignee

Trade Capital Corporation

Inventors

Michael C. Doran, Sanjay Bonde, Shiva Sandy

Abstract

Systems and methods of managing inventory include a hybrid distributed computing system and database for recording title to the inventory in a third party after the inventory has been delivered to a location accessible to a producer (e.g., a user of the inventory). The cost and accounting of the inventory can then be managed separately from the physical possession of the inventory. The producer may then access and take title to the inventory on demand (as needed).

CPC Classifications

G06Q 10/087

Filing Date

2022-11-18

Application No.

17990340

Claims

14

View original document →

Named provisions

Method and system for managing inventory Assignee Inventors Abstract CPC Classifications Filing Date Application No. Claims

Classification

Agency
USPTO
Published
March 24th, 2026
Instrument
Notice
Legal weight
Non-binding
Stage
Final
Change scope
Minor
Document ID
US12586028B2

Who this affects

Applies to
Manufacturers Retailers
Industry sector
4231 Wholesale Trade 4411 Retail Trade 3114 Food & Beverage Manufacturing
Activity scope
Inventory Management Supply Chain Management
Geographic scope
United States US

Taxonomy

Primary area
Intellectual Property
Operational domain
Legal
Topics
Supply Chain Management Information Technology

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