System, method and computer program product for low-cost fulfillment in a supply chain management framework
First Claim
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1. A method for reducing costs in a supply chain management framework, comprising:
- a) receiving data from a plurality of supply chain participants utilizing a network, the data relating to the sale of products by the supply chain participants;
b) determining rules to ensure the incurrence of minimal costs to the supply chain participants; and
c) applying the rules to ensure supply to the supply chain participants at minimal cost without requiring the supply chain manager to take title to any goods.
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Abstract
A system, method and computer program product are disclosed for reducing costs in a supply chain management framework. Data is received from a plurality of supply chain participants utilizing a network. The received data relates to the sale of products by the supply chain participants. Rules are determined to ensure the incurrence of minimal costs to the supply chain participants and the rules are applied to ensure supply to the supply chain participants at minimal cost without requiring the supply chain manager to take title to any goods.
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18 Claims
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1. A method for reducing costs in a supply chain management framework, comprising:
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a) receiving data from a plurality of supply chain participants utilizing a network, the data relating to the sale of products by the supply chain participants;
b) determining rules to ensure the incurrence of minimal costs to the supply chain participants; and
c) applying the rules to ensure supply to the supply chain participants at minimal cost without requiring the supply chain manager to take title to any goods. - View Dependent Claims (2, 3, 4, 5, 6)
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7. A system for reducing costs in a supply chain management framework, comprising:
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a) logic for receiving data from a plurality of supply chain participants utilizing a network, the data relating to the sale of products by the supply chain participants;
b) logic for determining rules to ensure the incurrence of minimal costs to the supply chain participants; and
c) logic for applying the rules to ensure supply to the supply chain participants at minimal cost without requiring the supply chain manager to take title to any goods. - View Dependent Claims (8, 9, 10, 11, 12)
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13. A computer program product for reducing costs in a supply chain management framework, comprising:
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a) computer code for receiving data from a plurality of supply chain participants utilizing a network, the data relating to the sale of products by the supply chain participants;
b) computer code for determining rules to ensure the incurrence of minimal costs to the supply chain participants; and
c) computer code applying the rules to ensure supply to the supply chain participants at minimal cost without requiring the supply chain manager to take title to any goods. - View Dependent Claims (14, 15, 16, 17, 18)
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Specification