Method and system for facilitating a purchase process
First Claim
1. A computer implemented method for processing the sale of goods comprising:
- receiving in the computer an offer from a buyer to purchase a good, including a purchase offer price;
accessing a database comprising a list of goods of a plurality of suppliers available for sale, including a supplier sale price;
querying the database to determine whether the good the buyer offers to purchase is available for sale;
calculating a difference between the purchase offer price and the supplier sale price for the good; and
if the difference equals or exceeds a predetermined margin, generating from the computer an acceptance to the offer from the buyer and a purchase order to the supplier from whom the good is available for sale to purchase the good to fill the offer from the buyer.
1 Assignment
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Accused Products
Abstract
A transaction system and method is provided for enabling potential buyers to purchase goods through reverse on-line auction process. The transaction system is configured to automatically receive periodic uploads of information regarding goods for sale by suppliers and to store this information in a database. A potential buyer can login to the transaction system and submit searches for goods based on a variety of parameters which may include condition, warranty, and revision. The potential buyer also submits an offer price for each requested item. The transaction system queries the database to determine if the requested goods are available. The transaction system selects the vendor so as to maximize the sales margin and then determines whether the buyer'"'"'s offer can be accepted based on predetermined margin requirements. If the buyer'"'"'s offer can be accepted, the system generates an acceptance to the offer from the buyer and generates a purchase order to the selected supplier.
68 Citations
30 Claims
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1. A computer implemented method for processing the sale of goods comprising:
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receiving in the computer an offer from a buyer to purchase a good, including a purchase offer price;
accessing a database comprising a list of goods of a plurality of suppliers available for sale, including a supplier sale price;
querying the database to determine whether the good the buyer offers to purchase is available for sale;
calculating a difference between the purchase offer price and the supplier sale price for the good; and
if the difference equals or exceeds a predetermined margin, generating from the computer an acceptance to the offer from the buyer and a purchase order to the supplier from whom the good is available for sale to purchase the good to fill the offer from the buyer. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11)
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12. A computer implemented method for processing the sale of goods comprising:
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receiving in the computer an offer from a buyer to purchase a good, including a purchase offer price;
accessing a database comprising a list of goods of at least one supplier available for sale, including a supplier sale price;
querying the database to determine whether the good the buyer offers to purchase is available for sale and if the good is not available for sale, then generating a counter offer to the buyer to sell an alternate good that is available for sale; and
if the buyers accepts the alternate good, generating a purchase order to the supplier from whom the alternate good is available for sale to purchase the alternate good to fill the customer'"'"'s order.
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13. A computer implemented method for processing the sale of goods comprising:
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receiving in the computer an offer from a buyer to purchase a good, including a purchase offer price;
accessing a database comprising a list of goods of a plurality of suppliers available for sale, including a supplier sale price;
querying the database to determine whether the good the buyer offers to purchase is available for sale;
if the good is available from multiple suppliers, calculating a difference between the purchase offer price and the supplier sale price for the good available from each of the multiple suppliers to determine a sales margin for the good available from each of the multiple suppliers;
selecting the good available from one of the multiple suppliers which provides the greatest sales margin; and
generating from the computer an acceptance to the offer from the buyer to sell the selected good and a purchase order to purchase the selected good from the one of the multiple suppliers which provides the greatest sales margin.
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14. A computer implemented method for processing the sale of industrial assets comprising:
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receiving in the computer an offer from a buyer to purchase an industrial asset, the offer including a description of the industrial asset, a part number, quantity desired, and a purchase offer price;
accessing a database in communication with the computer which comprises an up-to-date list of industrial assets of a plurality of suppliers available for sale, including a supplier sale price;
querying the database to determine whether the industrial asset the buyer offers to purchase is available for sale and if the industrial asset is not available for sale, then offering for sale to the buyer an alternate industrial asset that is available for sale;
and if the industrial asset is available for sale, calculating a difference between the purchase offer price and the supplier sale price to determine a sales margin; and
if the sales margin equals or exceeds a predetermined margin, generating from the computer an acceptance to the offer from the buyer and a purchase order to the supplier to purchase the industrial asset to fill the offer from the buyer. - View Dependent Claims (15, 16, 17, 18)
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19. A system for processing the sale of goods comprising:
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a database comprising a list of goods of a plurality of suppliers available for sale, including a supplier sale price; and
a processor in communication with the database, the processor comprising;
a first module for automatically receiving up-to-date information on the goods for sale by suppliers and updating the database to reflect the information;
a second module for electronically communicating with a potential customer to receive an offer to purchase a good, including a purchase offer price, and for querying the database to determine if the requested good is available for sale;
a third module for calculating the difference between the purchase offer price and the supplier sale price for such good to determine a sales margin and for generating an acceptance to the offer from the potential customer, if the sales margin exceeds a predetermined margin; and
a fourth module for generating a purchase order to the supplier to purchase such good if the sales margin exceeds a predetermined margin. - View Dependent Claims (20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30)
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Specification