Auction based procurement system
First Claim
Patent Images
1. A method for an auction, comprising:
- receiving, through a network, a request for an item from a first machines;
sending, through the network, the request for the item to a second machine;
receiving, through the network, a first bid from a sender at the second machine, the first bid being based on the request for the item;
sending, through the network, the request for the item to a third machine;
receiving, through the network, a second bid from a sender at the third machine, the second bid being based on the request for the item;
ranking the first bid and the second bid based on a comparison of each bid with the request for the item, 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;
automatically 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 of (i) the first bid and (ii) the second bid, the match including at least one of (i) an exact match between the request for the item and at least one of the first bid and the second bid and (ii) at least one of the first bid and the second bid satisfying the request for the item.
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Accused Products
Abstract
A method for generating a request for an item. The method determines the request for the 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 then sends, through a network, the request for the item to an auctioneer machine server.
44 Citations
54 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 machines; sending, through the network, the request for the item to a second machine; receiving, through the network, a first bid from a sender at the second machine, the first bid being based on the request for the item; sending, through the network, the request for the item to a third machine; receiving, through the network, a second bid from a sender at the third machine, the second bid being based on the request for the item; ranking the first bid and the second bid based on a comparison of each bid with the request for the item, 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; automatically 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 of (i) the first bid and (ii) the second bid, the match including at least one of (i) an exact match between the request for the item and at least one of the first bid and the second bid and (ii) at least one of the first bid and the second bid satisfying the request for the item. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8)
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9. A method for an auction, comprising:
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receiving, through a network, a request for an item from a first machine; sending, through the network, the request for the item to a second machine and to a third machine; receiving, through the network, a first bid from a sender at the second machine and a second bid from a sender at the third machine, the first bid and the second bid being based on the request for the item; ranking the first bid and the second bid based on a comparison of each bid with the request for the item, 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; automatically 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 (i) a first result of said auction based on the request for the item and the first bid, (ii) a second result of an auction based on the request for the item and the second bid, and (iii) a third result of an auction based on the first result and the second result. - View Dependent Claims (10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20)
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21. An apparatus for an auction, comprising:
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a receiver to receive a request for an item from a first machine, a first bid from a sender at a second machine and a second bid from a sender at a third machine; a transmitter to send the request for the item to the second machine and to the third machine; and a processor coupled to the receiver and the transmitter, the processor being configured to; rank the first bid and the second bid based on a comparison of each bid with the request for the item, 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; automatically initiate 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 determine (i) a first result of an auction based on the request for the item and the first bid, (ii) a second result of an auction based on the request for the item and the second bid, and (iii) a third result of an auction based on the first result and the second result, wherein the first bid and the second bid are based on the request for the item. - View Dependent Claims (22, 23, 24, 25, 26)
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27. A machine-readable medium having encoded information, which when read and executed by a machine causes a method comprising:
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receiving, through a network, a request for an item from a first machine; sending, through the network, the request for the item to a second machine and to a third machine; receiving, through the network for an auction, a first bid from a sender at the second machine and a second bid from a sender at the third machine, the first bid and the second bid being based on the request for the item; ranking the first bid and the second bid based on a comparison of each bid with the request for the item, 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; automatically 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 (i) a first result of said auction based on the request for the item and the first bid, (ii) a second result of said auction based on the request for the item and the second bid, and (iii) a third result of said auction based on the first result and the second result. - View Dependent Claims (28, 29, 30, 31, 32)
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33. 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; ranking each of the responses via a rank indicator, each rank indicator indicating one of a leading and a lagging 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. - View Dependent Claims (34, 35, 36, 37, 38, 39)
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40. 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; 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. - View Dependent Claims (41)
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42. A system for an on-line auction, 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; ranking means for ranking each of the responses via a rank indicator, each rank indicator indicating one of a leading and a lagging 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 initiating means including comparison means for comparing each leading response with a pre-set limit for the sender of the lagging response. - View Dependent Claims (43, 44, 45, 46)
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47. A system for an on-line auction, 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; 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 initiating a re-bid for each lagging response, the initiating means including comparison means for comparing each leading response with a pre-set limit for the sender of the lagging response. - View Dependent Claims (48)
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49. A computer program product comprising a computer usable medium having control logic stored therein for causing a computer to provide interactive assistance with performing an on-line auction, the control logic comprising:
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first computer readable program code means for receiving, via a network, a bid request for an item; second computer readable program code means for receiving, via the network, at least two responses to the bid request, each response having a sender; third computer readable program code means for ranking each of the responses via a rank indicator, each rank indicator indicating one of a leading and a lagging bid; fourth computer readable program code means for notifying, via the network, each response sender of the rank indicator of the response; and fifth computer readable program code means for automatically initiating a re-bid for each lagging response, the initiating means including comparison means for comparing each leading response with a pre-set limit for the sender of the lagging response. - View Dependent Claims (50, 51, 52)
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53. A computer program product comprising a computer usable medium having control logic stored therein for causing a computer to provide interactive assistance with performing an on-line auction, the control logic comprising:
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first computer readable program code means for receiving, via a network, a bid request for an item; second computer readable program code means for receiving, via the network, at least two responses to the bid request, each response having a sender; third computer readable program code 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; fourth computer readable program code means for notifying, via the network, each response sender of the rank indicator of the response; and fifth computer readable program code means for automatically initiating a re-bid for each lagging response, the initiating means including comparison means for comparing each leading response with a pre-set limit for the sender of the lagging response. - View Dependent Claims (54)
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Specification