Automated and independently accessible inventory information exchange system

• US 20030177026A1
• Filed: 02/11/2003
• Published: 09/18/2003
• Est. Priority Date: 05/24/1996
• Status: Abandoned Application

• Current Assignee: CXT Systems, Inc. (Quest Patent Research Corporation)
• Original Assignee: CXT Systems, Inc. (Quest Patent Research Corporation)
• Inventors: Purcell, Daniel S.
• Application Number:
  US10/364,979
• Publication Number:
  US 20030177026A1
• Time in Patent Office: Days
• US Class Current: 705/1
• CPC Class Codes: G06Q 10/087 Inventory or stock management, e.g. order filling, procurement or balancing against orders
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 30/0609 Buyer or seller confidence or verification
• CPC Class Codes: G06Q 30/0625 Directed, with specific intent or strategy
• CPC Class Codes: G06Q 30/0641 Shopping interfaces
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: Y10S 707/99937 Sorting
• CPC Class Codes: Y10S 707/99942 Manipulating data structure, e.g. compression, compaction, compilation
• CPC Class Codes: Y10S 707/99945 Object-oriented database structure processing
• CPC Class Codes: Y10S 707/99948 Application of database or data structure, e.g. distributed, multimedia, or image

Abstract

A method for exchanging information between providers and users of products and services in which an information management system is established that is computer based and has information processing and storage capabilities. The system also has electronic communication connections that permit buyers and sellers to electronically connect with the information management system for information exchange. Limited electronic access to the information management system is granted to approved sellers of products and services. After approval, each such seller is enabled to access inventory information of that seller for amendment purposes. Similarly, limited electronic access to the information management system is granted to approved buyers of products and services and are provided a searching capability to search a compilation of a plurality of seller'"'"'s inventory information using criteria specified by that approved buyer. Last, a buyer'"'"'s listing of products and services is compiled from the compilation of the seller'"'"'s inventory information for that buyer based on that buyer'"'"'s search criteria and in which duplicate inventory items are removed therefrom.

Claims

1. A method for exchanging information between owners and potential purchasers of assets, said method comprising the following steps:

establishing an information management system, said information management system being Internet based and having information processing and storage capabilities and electronic access that permits potential purchasers to electronically access said information management system for reviewing available assets listed in said information management system;

granting electronic access to said information management system to potential purchasers of assets and providing a searching capability to such potential purchasers for searching an available asset listing using criteria specified by the potential purchaser; and

compiling a purchaser'"'"'s listing of assets from said asset listing for said potential purchaser based on the potential purchaser'"'"'s search criteria.