Methods and apparatus for an auction system with interactive bidding
First Claim
1. A computer-implemented method to assist prospective suppliers with responding to an issued requisition over a computer network, said method comprising:
- receiving, from at least one prospective supplier, a plurality of bids responsive to the requisition;
determining at least one initial winning bid selected from the received bids that at least partially satisfies the requisition;
determining at least one proposed bid using the received plurality of bids, the at least one proposed bid, if adopted, constituting a new winning bid; and
making the at least one proposed bid available to at least one prospective supplier other than a supplier from which an initial winning bid was received.
4 Assignments
0 Petitions
Accused Products
Abstract
Prospective suppliers competing in an auction format to fulfill a requisition receive assistance in responding to the requisition over a computer network. A plurality of bids responsive to the requisition are received from at least one prospective supplier. At least one initial winning bid is selected from the received bids that at least partially satisfies the requisition. Using the received plurality of bids, at least one proposed bid is determined that, if adopted by a prospective supplier, would constitute a new winning bid. The proposed bid is made available to at least one prospective supplier that had not previously submitted a winning bid.
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Citations
47 Claims
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1. A computer-implemented method to assist prospective suppliers with responding to an issued requisition over a computer network, said method comprising:
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receiving, from at least one prospective supplier, a plurality of bids responsive to the requisition;
determining at least one initial winning bid selected from the received bids that at least partially satisfies the requisition;
determining at least one proposed bid using the received plurality of bids, the at least one proposed bid, if adopted, constituting a new winning bid; and
making the at least one proposed bid available to at least one prospective supplier other than a supplier from which an initial winning bid was received. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15)
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16. A computer useable medium having computer readable code embodied therein to assist prospective suppliers with responding to an issued requisition over a computer network, the code in the medium comprising:
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computer readable code for causing a computer to receive, from at least one prospective supplier, a plurality of bids responsive to the requisition;
computer readable code for causing a computer to determine at least one initial winning bid selected from the received bids that at least partially satisfies the requisition;
computer readable code for causing a computer to determine at least one proposed bid using the received plurality of bids, the at least one proposed bid, if adopted, constituting a new winning bid; and
computer readable code for causing a computer to make the at least one proposed bid available to at least one prospective supplier other than a supplier from which an initial winning bid was received. - View Dependent Claims (17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29)
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30. A computer-implemented method to assist prospective suppliers with responding to an issued requisition for a desired quantity of at least one item over a computer network, said method comprising:
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receiving, from at least one prospective supplier, a plurality of bids responsive to the requisition;
determining those items in the requisition for which the desired quantity is not fully satisfied by the received plurality of bids;
calculating the effective prices for the determined items in the requisition;
calculating decremented prices for the determined items by decrementing each effective price by a predetermined amount;
creating a proposed bid utilizing the decremented prices; and
making the proposed bid available to at least one prospective supplier other than a supplier from which an initial winning bid was received. - View Dependent Claims (31, 32)
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33. An auction server comprising:
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a network interface;
a communication module for issuing, in accordance with criteria provided by a buyer, a requisition over a computer network via the network interface;
a bid-receipt module for receiving, over the computer network via the interface, a plurality of bids responsive to the requisition;
an analysis module for determining (i) at least one initial winning bid selected from the received bids that at least partially satisfies the requisition, and (ii) at least one proposed bid using the received plurality of bids, the at least one proposed bid, if adopted, constituting a new winning bid, wherein the communication module is configured to make the at least one proposed bid available, over the computer network via the interface, to at least one prospective supplier other than a supplier from which an initial winning bid was received. - View Dependent Claims (34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47)
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Specification