Method and visual interface for evaluating multi-attribute bids in a network environment

• US 20020065762A1
• Filed: 03/08/2001
• Published: 05/30/2002
• Est. Priority Date: 11/28/2000
• Status: Abandoned Application

• Current Assignee: International Business Machines Corporation
• Original Assignee: International Business Machines Corporation
• Inventors: Lee, Juhnyoung, Lee, Ho Soo
• Application Number:
  US09/800,664
• Publication Number:
  US 20020065762A1
• Time in Patent Office: Days
• US Class Current: 705/37
• CPC Class Codes: G06Q 30/0601 Electronic shopping [e-shopping]
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

A method for purchasing and selling products or services in a networked environment using a request for quotation process and a visual interface for evaluating submitted bids for such products or services. A buyer submits a Request for Quotation (RFQ) and associated attributes and/or business rules over a network. As seller responds to the RFQ by submitting a bid with attribute values. A market maker uses the buyer attributes and/or business rules with the attribute values of the submitted bid to create a visual interface augmented by customized filters which are later used to evaluate seller submitted bids. The bids are received in the e-marketplace, at which time the e-marketplace can arrange, sort or filter the received bids in order to assist the buyer in examining and evaluating such bids. The filtering may include filtering an attribute value, an attribute line, a bid line or a portion of the bid line. Information may also be displayed associated with the bid line such as attribute information, general information or detailed information. The bid lines may also be tagged, counted, scrolled, enlarged or reduced.

Claims

1. A method of purchasing products and services over a network comprising the steps of:

submitting a Request for Quotation (RFQ) with at least one attribute over the network;

receiving at least one bid in response to the RFQ over the network, each of the at least one bid having at least one attribute value associated therewith;

creating a graphical visual interface based on a Cartesian coordinate system, the graphical user interface showing a relationship in a graphical format between the at least one attribute and the at least one bid and associated attribute value in a single display; and

displaying information pertinent to a selected bid of the at least one bid.

2. The method of claim 1, wherein the graphical format are sell bid lines representative of selected connected attribute values of the at least one bid.

3. The method of claim 1, wherein the information is one of a general information and detailed information related to the at least one bid.

4. The method of claim 3, further comprising the steps of:

selecting a portion of a selected sell bid line created from connected attribute values of the at least one bid; and

retrieving the general or detailed information from a database, the general or detailed information being pertinent to the selected sell bid line.

5. The method of claim 4, wherein the retrieved general information is provided in a window adjacent the selected sell bid line.

6. The method of claim 4, further comprising the steps of:

creating a display separate from the graphical visual interface; and

displaying the detailed information in the separate display.

7. The method of claim 6, wherein the detailed information is rendered in one of text, image, audio, sound, video, graphs and animation.

8. The method of claim 1, wherein the information is attribute information associated with at least one sell bid line created by connected attribute values of the at least one bid.

9. The method of claim 8, further comprising the steps of:

selecting a portion of a selected sell bid line; and

retrieving the attribute information from a database for display.

10. The method of claim 9, wherein the attribute information is one of text, image, audio, sound, video, graphs and animation.

11. The method of claim 1, further comprising the steps of:

tagging at least one sell bid line created from connected attribute values of the at least one bid; and

displaying the tagged at least one sell bid line on the graphical visual interface after a selected filtering operation.

12. The method of claim 11, wherein the graphical information is at least one attribute value associated with the tagged at least one sell bid line.

13. The method of claim 11, further comprising the steps of:

untagging the at least one sell bid line; and

removing the untagged at least one sell bid line from the graphical visual interface in response to the selected filtering operation.

14. The method of claim 1, further comprising the step of displaying a count of bid lines associated with the at least one bid, the count being displayed on the graphical visual interface.

15. The method of claim 14, further comprising the steps of continuously counting the number of bid lines and displaying the counted number of bid lines in the graphical visual interface.

16. The method of claim 1, further comprising the steps of enlarging or reducing a portion of the graphical visual interface.

17. The method of claim 16, wherein the enlarging or reducing steps show portions of sell bid lines representative of connected attribute values of the at least one bid.

18. The method of claim 1, further comprising the step of scrolling the graphical visual interface in a desired direction.

20. The method of claim 19, further comprising the steps of:

untagging the at least one sell bid line; and

removing the untagged at least one sell bid line from the graphical visual interface in response to the selected filtering operation.

21. The method of claim 19, further comprising the step of providing information pertinent to the tagged at least one sell bid line.

19. A method of purchasing products and services over a network comprising the steps of:

submitting a Request for Quotation (RFQ) with at least one attribute over the network;

receiving at least one bid in response to the RFQ over the network, each of the at least one bid having at least one attribute value associated therewith;

creating a graphical visual interface based on a Cartesian coordinate system, the graphical user interface showing a relationship in a graphical format between the at least one attribute and the at least one bid and associated attribute value in a single display, wherein the graphical format are sell bid lines created from connected attribute values of the at least one bid; and

tagging at least one sell bid line of the sell bid lines, wherein the tagged at least one sell bid line remains displayed on the graphical visual interface after a selected filtering operation.

22. A system for purchasing products and services over a network comprising:

means for submitting a Request for Quotation (RFQ) with at least one attribute over the network;

means for receiving at least one bid in response to the RFQ over the network, each of the at least one bid having at least one attribute value; and

means for creating a graphical visual interface based on a Cartesian coordinate system showing a relationship in a graphical format between the at least one attribute and corresponding attribute value in a single display; and

means for providing information associated with a selected bid of the at least one bid.

23. The system of claim 22, wherein the information is one of general information, detailed information and attribute information.

24. The system of claim 23, further comprising:

means for selecting a portion of a selected sell bid line representative of connected attribute values of the at least one bid; and

means for retrieving the general or detailed information from a database, the general or detailed information being pertinent to the selected sell bid line.

25. The system of claim 24, further comprising:

means for creating a display separate from the graphical visual interface; and

means for displaying the detailed information in the display.

26. The system of claim 22, further comprising means for tagging at least one sell bid line, created from connected attribute values of the at least one bid, the tagged at least one sell bid line being displayed on the graphical visual interface after a selected filtering operation.

27. The system of claim 22, further comprising:

means for counting bid lines created from connected attribute values of the at least one bid; and

means for displaying the counted bid lines.

28. The system of claim 22, further comprising means for enlarging or reducing a portion of the graphical visual interface.

29. The system of claim 22, further comprising means for scrolling the graphical visual interface in a desired direction.

30. A machine readable medium containing code for purchasing products and services over a network, the code implementing the steps of:

submitting a Request for Quotation (RFQ) with at least one attribute over the network;

receiving at least one bid in response to the RFQ over the network, each of the at least one bid having at least one attribute value;

creating a graphical visual interface based on a Cartesian coordinate system, the graphical user interface showing a relationship in a graphical format between the at least one attribute and the at least one bid and associated attribute value in a single display; and

providing information associated with a selected bid of the at least one bid.