Auction based procurement system
First Claim
1. A method for an auction, comprising:
- receiving, through a network, a request for an item from a first device;
sending, through the network, the request for the item to a second device;
receiving, through the network, a first bid from a sender via the second device, the first bid being based on the request for the item;
sending, through the network, the request for the item to a third device;
receiving, through the network, a second bid from a sender via the third device, the second bid being based on the request for the item;
calculating an additional transaction fee for each of the first and second bids;
ranking the first bid and the second bid based on a comparison of each bid, the ranking including a first status indicator for the first bid and a second status indicator for the second bid, each of the first and second status indicators indicating one of a leading bid and a lagging bid;
initiating a re-bid for each lagging bid, the re-bid initiation including comparing each leading bid with a pre-set limit for the sender of the lagging bid; and
determining a result of the auction based on the request for the item, the first bid and the second bid;
wherein the result of the auction is based on a match between the request for the item and at least one bid, the at least one bid being selected from a plurality of received bids, the plurality of received bids including the first bid and the second bid, the match including at least one of (i) an exact match between the request for the item and at least one bid and (ii) the at least one bid satisfying the request for the item.
17 Assignments
0 Petitions
Accused Products
Abstract
A method and system for performing an auction by determining a request for an item based on at least one of (i) an item to purchase, (ii) a performance specification of the item to purchase, and (iii) a term of a request for the item to purchase. The method and system include sending, through a network, the request for the item to an auctioneer machine server. Performance information is collected for each seller. Notice is provided that a performance evaluation has been received for a specific seller, and is on record with the provider of the information. Additional transaction costs may be captured and included as a separate line item in an auto-rebid auction environment.
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Citations
22 Claims
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1. A method for an auction, comprising:
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receiving, through a network, a request for an item from a first device;
sending, through the network, the request for the item to a second device;
receiving, through the network, a first bid from a sender via the second device, the first bid being based on the request for the item;
sending, through the network, the request for the item to a third device;
receiving, through the network, a second bid from a sender via the third device, the second bid being based on the request for the item;
calculating an additional transaction fee for each of the first and second bids;
ranking the first bid and the second bid based on a comparison of each bid, the ranking including a first status indicator for the first bid and a second status indicator for the second bid, each of the first and second status indicators indicating one of a leading bid and a lagging bid;
initiating a re-bid for each lagging bid, the re-bid initiation including comparing each leading bid with a pre-set limit for the sender of the lagging bid; and
determining a result of the auction based on the request for the item, the first bid and the second bid;
wherein the result of the auction is based on a match between the request for the item and at least one bid, the at least one bid being selected from a plurality of received bids, the plurality of received bids including the first bid and the second bid, the match including at least one of (i) an exact match between the request for the item and at least one bid and (ii) the at least one bid satisfying the request for the item. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. A method for performing an on-line auction, the method comprising:
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receiving, via a network, a bid request for an item;
receiving, via the network, at least two responses to the bid request, each response having a sender;
calculating an additional transaction fee for each of the first and second bids;
ranking each of the responses via a rank indicator, each rank indicator indicating one of a leading bid, a lagging bid, and a no-bid;
notifying, via the network, each response sender of the rank indicator of the response; and
initiating a re-bid for each lagging response, the re-bid initiation including comparing each leading response with a pre-set limit for the sender of the lagging response. - View Dependent Claims (11)
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12. A system for performing an on-line auction, the system comprising:
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receiving means for receiving, via a network, a bid request for an item;
receiving means for receiving, via the network, at least two responses to the bid request, each response having a sender;
calculating means for calculating an additional transaction fee for each of the first and second bids;
ranking means for ranking each of the responses via a rank indicator, each rank indicator indicating one of a leading bid, a lagging bid, and a no-bid;
notifying means for notifying, via the network, each response sender of the rank indicator of the response; and
initiating means for automatically initiating a re-bid for each lagging response, the re-bid initiation including comparing each leading response with a pre-set limit for the sender of the lagging response. - View Dependent Claims (13)
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14. A method for an auction, comprising:
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receiving, through a network, a request for an item from a first device;
sending, through the network, the request for the item to a second device;
receiving, through the network, a first bid from a sender via the second device, the first bid being based on the request for the item;
sending, through the network, the request for the item to a third device;
receiving, through the network, a second bid from a sender via the third device, the second bid being based on the request for the item;
providing, through the network, performance information for each of the senders of the first bid and the second bid;
ranking the first bid and the second bid based on a comparison of each bid, the ranking including a first status indicator for the first bid and a second status indicator for the second bid, each of the first and second status indicators indicating one of a leading bid and a lagging bid;
initiating a re-bid for each lagging bid, the re-bid initiation including comparing each leading bid with a pre-set limit for the sender of the lagging bid; and
determining a result of the auction based on the request for the item, the first bid and the second bid;
wherein the result of the auction is based on a match between the request for the item and at least one bid, the at least one bid being selected from a plurality of received bids, the plurality of received bids including the first bid and the second bid, the match including at least one of (i) an exact match between the request for the item and at least one bid and (ii) the at least one bid satisfying the request for the item. - View Dependent Claims (15, 16, 17)
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18. A method for performing an on-line auction, the method comprising:
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receiving, via a network, a bid request for an item;
receiving, via the network, at least two responses to the bid request, each response having a sender;
providing, through the network, performance information for each of the senders of the first bid and the second bid;
ranking each of the responses via a rank indicator, each rank indicator indicating one of a leading bid, a lagging bid, and a no-bid;
notifying, via the network, each response sender of the rank indicator of the response; and
initiating a re-bid for each lagging response, the re-bid initiation including comparing each leading response with a pre-set limit for the sender of the lagging response. - View Dependent Claims (19)
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20. A system for performing an on-line auction, the system comprising:
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receiving means for receiving, via a network, a bid request for an item;
receiving means for receiving, via the network, at least two responses to the bid request, each response having a sender;
providing means for providing, through the network, performance information for each of the senders of the first bid and the second bid;
ranking means for ranking each of the responses via a rank indicator, each rank indicator indicating one of a leading bid, a lagging bid, and a no-bid;
notifying means for notifying, via the network, each response sender of the rank indicator of the response; and
initiating means for automatically initiating a re-bid for each lagging response, the re-bid initiation including comparing each leading response with a pre-set limit for the sender of the lagging response. - View Dependent Claims (21)
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22. A computer program product comprising a computer usable medium having control logic stored therein for causing a computer to integrate claim processing, the control logic comprising computer readable program code means for:
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receiving, via a network, a bid request for an item;
receiving, via the network, at least two responses to the bid request, each response having a sender;
providing, through the network, performance information for each of the senders of the first bid and the second bid;
ranking each of the responses via a rank indicator, each rank indicator indicating one of a leading bid, a lagging bid, and a no-bid;
notifying, via the network, each response sender of the rank indicator of the response; and
automatically initiating a re-bid for each lagging response, the re-bid initiation including comparing each leading response with a pre-set limit for the sender of the lagging response.
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Specification