Purchasing optimization system
First Claim
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1. A purchasing method, comprising:
- obtaining purchasing feature data and context for an organization;
defining a simulation model using said context and data; and
using said model to determine the set of purchasing features that optimize one or more aspects of financial performance for said organization.
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Abstract
An automated system (100) and method for optimizing purchasing activity from the perspective of the buyer. The purchasing activity features and resources are defined using purchasing system data. The suppliers and deliverables are then mapped to one or more frames within the Market Value Matrix™ System for the Buyer. The system then identifies the mix of features and resources that maximize the expected value from purchasing activity from the different Buyer frames.
103 Citations
67 Claims
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1. A purchasing method, comprising:
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obtaining purchasing feature data and context for an organization;
defining a simulation model using said context and data; and
using said model to determine the set of purchasing features that optimize one or more aspects of financial performance for said organization. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21)
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22. A facet optimization method, comprising:
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obtaining context and feature data for a facet of organization performance;
defining a simulation model using said context and data; and
using said model to determine the set of features that optimize one or more aspects of financial performance for said organization. - View Dependent Claims (23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40)
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41. A computer readable medium having sequences of instructions stored therein, which when executed cause the processors in a plurality of computers that have been connected via a network to perform a facet optimization method, comprising:
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obtaining context and feature data for a facet of organization performance;
defining a simulation model using said context and data; and
using said model to determine the set of features that optimize one or more aspects of financial performance for said organization. - View Dependent Claims (42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 55, 56, 57, 58)
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59. A facet optimization system, comprising:
computers connected by a network each with a processor having circuitry to execute instructions;
a storage device available to each processor with sequences of instructions stored therein, which when executed cause the processors to;
obtain context and feature data for a facet of organization performance;
define a simulation model using said context and data; and
use said model to determine the set of features that optimize one or more aspects of financial performance for said organization. - View Dependent Claims (60, 61, 62, 63, 64, 65, 66, 67)
Specification