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System and method for allocating resources of a retailer among multiple wholesalers

  • US 5,742,931 A
  • Filed: 12/27/1994
  • Issued: 04/21/1998
  • Est. Priority Date: 01/15/1993
  • Status: Expired due to Fees
First Claim
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1. A method comprising:

  • (A) automatically obtaining, via operation of a first computer operated by an orderer for a retailer and electronically linked to further computers of remote warehouses, price information about each of a plurality of distinct items from the further computers of at least two of said warehouses, wherein each of said warehouses has available each of said items;

    (B) automatically evaluating, via said first computer, on an item-by-item basis, and based on a predetermined price-based criterion, said price information received from said further computers;

    (C) automatically selecting, via said first computer, and on an item-by-item basis, one of said at least two warehouses to deliver each of said items based on said evaluating step; and

    (D) transmitting, via said first computer, an order for each of said items to the further computer of the warehouse selected for the delivery of that item, wherein said step (C) further comprises determining an initial allocation of monetary resources as a result of said automatic selection, and wherein said warehouses comprise a primary warehouse and at least one secondary warehouse, further comprising the steps of determining whether a designated ordering criterion for said primary warehouse is met and, if said designated ordering criterion is not met, determining a revised allocation of monetary resources which meets said designated ordering criterion for said primary warehouse.

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