Marketplaces for on-line contract negotiation, formation, and price and availability querying

• US 20020152133A1
• Filed: 03/11/2002
• Published: 10/17/2002
• Est. Priority Date: 03/09/2001
• Status: Abandoned Application

• Current Assignee: John Thorne King, Joyce M. Nuszbaum, Kevin Cronin, Peter Shizek, William Allman Levine
• Original Assignee: John Thorne King, Joyce M. Nuszbaum, Kevin Cronin, Peter Shizek, William Allman Levine
• Inventors: Cronin, Kevin, Shizek, Peter, Nuszbaum, Joyce M., King, John Thorne, LeVine, William Allman
• Application Number:
  US10/096,404
• Publication Number:
  US 20020152133A1
• Time in Patent Office: Days
• US Class Current: 705/26
• CPC Class Codes: G06Q 10/10 Office automation; Time management
• CPC Class Codes: G06Q 30/018 Certifying business or products
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 30/0611 Request for offers or quotes
• CPC Class Codes: G06Q 30/0623 Item investigation
• CPC Class Codes: G06Q 30/0635 Processing of requisition or of purchase orders

Abstract

An on-line marketplace enables negotiation and formation of a contract between a buyer and seller. Through a requisition check, buyers are able to check the price and/or availability of goods with one or more sellers. After knowing price and availability, the buyers send orders for desired goods to the sellers through the marketplace and enter into a legally binding contract upon acceptance. The terms and conditions of the contract are determined from any prior agreement, from country-specific terms on the marketplace for the supplier, from technical disclaimers for data on the goods, and from any agreed upon modifications. The marketplace permits automation and expedition in the ordering process by automatically submitting orders upon confirmation of the requisition check and by automatically accepting orders. The marketplace offers full integration with customers'"'"' ERP systems and also offers a simpler integration involving data transfer from the customer'"'"'s system, such as file transfer called UltraLite.

Claims

1. A method of forming an on-line contract between a buyer and a seller for the purchase of goods, comprising:

the buyer requesting a requisition check on desired goods and generating an electronic requisition check message;

the seller receiving the electronic requisition check message;

the seller determining the ability to fulfill the requisition check on the desired goods requested by the buyer;

the seller generating an electronic requisition check response reflecting the ability of the seller to fulfill the requisition check on the desired goods;

the buyer generating an order based on the response to the requisition check on the desired goods;

the seller receiving the order and generating an order response, the order response containing an indication of the seller'"'"'s acceptance of the order.

2. The method as set forth in claim 1, wherein requesting a requisition check comprises requesting a check on price of goods and determining the ability to fulfill the requisition check comprises responding to the check on the price of goods.

3. The method as set forth in claim 1, wherein requesting a requisition check comprises requesting a check on availability of goods and determining the ability to fulfill the requisition check comprises responding to the check on the ability of the availability of goods from the seller.

4. The method as set forth in claim 1, wherein requesting a requisition check comprises requesting a check on price and availability of goods and determining the ability to fulfill the requisition check comprises responding to the check on the price and availability of the goods from the seller.

5. The method as set forth in claim 1, wherein the buyer requesting a requisition check involves items from multiple sellers and wherein the seller receiving the electronic requisition check message comprises a plurality of sellers receiving the electronic requisition check message for goods associated with each seller.

6. The method as set forth in claim 1, wherein requesting a requisition check comprises issuing the requisition check from the buyer'"'"'s enterprise resource system.

7. The method as set forth in claim 1, further comprising receiving a change order request from one of the buyer and seller on an order and receiving a response from the other of the buyer and seller on the change order request.

8. A method of enabling an on-line contract to be created between a buyer and a seller for the purchase of goods through an on-line marketplace, comprising:

receiving a price and availability check message from a buyer at the on-line marketplace, the price and availability check message requesting information from a seller on the availability and price of desired goods from the seller;

forwarding the price and availability check message from the on-line marketplace to the seller associated with the desired goods;

receiving a price and availability response at the on-line marketplace from the seller reflecting the availability of the desired goods requested by the buyer;

forwarding the price and availability response from the on-line marketplace to the buyer;

receiving an order from the buyer for the desired goods at the on-line marketplace, the order identifying the availability and price of the desired goods;

forwarding the order from the on-line marketplace to the seller;

receiving an order response from the seller at the on-line marketplace, the order response containing an indication of the seller'"'"'s acceptance of the order.

9. The method as set forth in claim 8, wherein receiving the price and availability request message comprises receiving the price and availability request message related to multiple items from multiple sellers and forwarding the price and availability request message comprises forwarding the price and availability request message to the multiple sellers.

10. The method as set forth in claim 8, wherein receiving the price and availability check message from the buyer comprises receiving the price and availability check message through a file transfer from the buyer.

11. The method as set forth in claim 8, wherein receiving the order from the buyer comprises receiving authorization from the buyer to automatically accept the order.

12. The method as set forth in claim 8, wherein receiving the price and availability check message comprises receiving the price and availability check message from a buyer'"'"'s enterprise resource planning system.

13. The method as set forth in claim 8, further comprising receiving a change order request specifying a change in the order from one of the buyer and seller and receiving a change order response from the other of the buyer and seller.

14. The method as set forth in claim 8, further comprising forming a master agreement between the buyer and the seller governing sourcing of goods from the seller to the buyer and receiving the order from the buyer and receiving the order response from the seller are for fulfilling an order under the master agreement.

15. The method as set forth in claim 8, further comprising demand forecasting and initiating the price and availability request based on the demand forecasting.

16. The method as set forth in claim 8, further comprising providing notification to the buyer on a shipping status of the goods.

17. The method as set forth in claim 8, further comprising providing notification to the seller upon receipt of the goods by the buyer.

18. The method as set forth in claim 8, further comprising invoicing the buyer on behalf of the seller.

19. The method as set forth in claim 8, further comprising assisting in payment of the seller by the buyer.

20. A method of enabling sourcing of goods from a seller to a buyer through an online marketplace, comprising:

receiving a selection of desired goods from the buyer at the on-line marketplace;

receiving a request for a quote from the buyer at the on-line marketplace, the request for the quote seeking the quote for the seller to source the desired goods to the buyer;

forwarding the request for the quote from the on-line marketplace to the seller;

receiving a response to the request for quote from the seller at the on-line marketplace, the response from the seller providing the quote for the seller to source the desired goods to the buyer;

generating at the on-line marketplace terms of a master agreement between the buyer and seller;

forecasting at the on-line marketplace demand by the seller for the desired goods; and

facilitating at the on-line marketplace orders dictated by the terms of the master agreement.

21. The method as set forth in claim 20, further comprising:

receiving a price and availability check message from the buyer at the on-line marketplace, the price and availability check message requesting information from a seller on the availability and price of desired goods from the seller;

forwarding the price and availability check message from the on-line marketplace to the seller associated with the desired goods;

receiving a price and availability response at the on-line marketplace from the seller reflecting the availability of the desired goods requested by the buyer;

forwarding the price and availability response from the on-line marketplace to the buyer;

receiving an order from the buyer for the desired goods at the on-line marketplace, the order identifying the availability and price of the desired goods;

forwarding the order from the on-line marketplace to the seller; and

receiving an order response from the seller at the on-line marketplace, the order response containing an indication of the seller'"'"'s acceptance of the order.

22. The method as set forth in claim 20, further comprising receiving a change order request specifying a change in the order from one of the buyer and seller and receiving a change order response from the other of the buyer and seller.

23. The method as set forth in claim 20, further comprising providing an on-line catalog of goods from the sellers.

24. The method as set forth in claim 20, further comprising reconciling orders with the master agreement.

25. The method as set forth in claim 20, further comprising managing payment between the buyer and the seller.

26. The method as set forth in claim 25, further comprising reconciling payment with the master agreement.

28. The method as set forth in claim 27, further comprising providing both the buyer and the seller an opportunity to abort an order based on input error.

29. The method as set forth in claim 27, further comprising providing a centralized dispute resolution procedure for the buyer and seller.

30. The method as set forth in claim 27, further comprising permitting the on-line contract to be governed by terms and conditions provided through an existing agreement between the buyer and seller.

31. The method as set forth in claim 27, further comprising permitting the buyer and seller to depart from the terms and conditions provided by the seller for the country where the goods will be shipped.

32. The method as set forth in claim 27, wherein providing terms and conditions from the seller governing transactions in a plurality of countries comprises receiving the terms and conditions from the seller.

33. The method as set forth in claim 32, wherein receiving the terms and conditions comprises receiving terms and conditions that vary with each country.

34. The method as set forth in claim 32, wherein receiving the terms and conditions comprises receiving technical disclaimer on the goods from the seller.

35. The method as set forth in claim 32, wherein receiving the terms and conditions comprises receiving terms and conditions from multiple sellers.

36. The method as set forth in claim 35, wherein receiving the terms and conditions from multiple sellers comprises receiving different terms and conditions from the sellers for each country.

27. A method of forming an on-line contract between a buyer and a seller, comprising:

providing an on-line marketplace for the sale of goods from the seller to the buyer;

receiving an order for goods from the buyer, the order specifying a country where the goods will be shipped;

providing terms and conditions from the seller governing transactions in a plurality of countries;

linking, with the order, the terms and conditions from the seller for the country where the goods will be shipped as specified in the order;

providing an opportunity for the buyer to review the terms and conditions from the seller for the country where the goods will be shipped; and

receiving acceptance of the order from the seller;

wherein receiving the order from the buyer constitutes an offer under the on-line contract and receiving the acceptance results in the forming of the on-line contract.