Patents by Inventor Lloyd Mills

Lloyd Mills has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Publication number: 20050021386
    Abstract: A method and system for forecasting a potential cost for an indirect procurement commodity is disclosed. Based on the forecasted potential cost, the indirect procurement commodity can be block purchased for a predetermined duration and period of time. Consequently, a substantial reduction in the costs associated with the purchase of indirect procurement commodities can be achieved. An aspect of the present invention is a method for forecasting a potential cost for an indirect procurement commodity. The method includes receiving a volume of the indirect procurement commodity to be block purchased for a future period, calculating a cost of the volume of the indirect procurement commodity based on historical consumption data for a past period and forecasting a potential cost of the indirect procurement commodity to be purchased for a future period based on the calculated cost and at least one variable factor associated with the indirect procurement commodity.
    Type: Application
    Filed: July 23, 2003
    Publication date: January 27, 2005
    Inventor: Lloyd Mills
  • Patent number: D538709
    Type: Grant
    Filed: September 6, 2005
    Date of Patent: March 20, 2007
    Inventors: Kenneth Paul Martin, III, Chance Lloyd Mills
  • Patent number: D539699
    Type: Grant
    Filed: September 6, 2005
    Date of Patent: April 3, 2007
    Inventors: Kenneth Paul Martin, III, Chance Lloyd Mills
  • Patent number: D541191
    Type: Grant
    Filed: September 6, 2005
    Date of Patent: April 24, 2007
    Inventors: Kenneth Paul Martin, III, Chance Lloyd Mills