Shimadzu had three patents in ecommerce during Q4 2023. The patent filed by Shimadzu Corp in Q4 2023 aims to prevent an increase in payment burden for a warranty provider caused by unpredictable parts failure. This is achieved by implementing a system where a supplier manages a pooled fund to cover billing amounts, with notifications triggering the addition or subtraction of funds accordingly. This system ensures smooth commercial flow while mitigating financial risks for the warranty provider. GlobalData’s report on Shimadzu gives a 360-degreee view of the company including its patenting strategy. Buy the report here.
Shimadzu grant share with ecommerce as a theme is 0% in Q4 2023. Grant share is based on the ratio of number of grants to total number of patents.
Recent Patents
Application: Warranty system and method (Patent ID: US20230316295A1)
The patent filed by Shimadzu Corp. describes a warranty system that aims to prevent an increase in the payment burden of a warranty provider to a supplier due to unpredictable parts failure while maintaining a normal commercial flow. The system involves a warranty provider computer and a supplier computer communicating with each other via a network. The warranty provider computer is equipped with notification units for first and second payments to the supplier, as well as for invoice issuance. The supplier computer includes a management unit to handle a pooled fund for invoice payments, with notifications triggering additions or subtractions to the fund accordingly.
Additionally, the system includes a display device for the supplier computer to show the variation status of the pooled fund. The method outlined in the patent involves steps for notifying the supplier computer of payments and invoice issuances, as well as managing the pooled fund accordingly. The method ensures that the supplier adds money to the fund upon payment notifications and subtracts the billing amount of the invoice when notified. Overall, the patent presents a structured approach to managing warranty payments and invoices between a warranty provider and a supplier, aiming to streamline the process and prevent financial burdens resulting from unexpected parts failures.
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