Method and program storage device for managing a supplier for participation in a plurality of trading networks
First Claim
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1. A method for managing a supplier for participation in a plurality of trading networks, comprising:
- implementing, via a computer, the steps of;
receiving from each said trading network a volume commitment consolidating a plurality of trading network customer volume commitments for said offerings of commodities and services;
negotiating an offering with each said trading network to supply to customer members of said trading network said commodity or service;
building, in an electronic storage device for each of said plurality of trading networks, a trading network entity, said trading network entity including for said supplier a supplier entity with attributes including start date, end date, sets of services and products offered to said trading network, and payment flow for said commodities and services;
offering at least one trading network package, said trading network package based on negotiations occurring prior to receiving purchase requests from said customer members;
selectively defining each said trading network package as including;
a trading network value-add service offering offered by said trading network to said customer members for a fee, anda managed package for which a customer member of said customer members provides a volume commitment against which actual purchases are tracked; and
negotiating price discount levels for committed levels of demand from said trading networks.
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Abstract
An Internet trading network is operated by establishing supplier memberships of suppliers providing offerings to the trading network; establishing customer memberships of customers providing volume commitments; consolidating all volume commitments for a particular commodity or service when negotiating an offering with the supplier; managing memberships and their accounts.
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Citations
23 Claims
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1. A method for managing a supplier for participation in a plurality of trading networks, comprising:
implementing, via a computer, the steps of; receiving from each said trading network a volume commitment consolidating a plurality of trading network customer volume commitments for said offerings of commodities and services; negotiating an offering with each said trading network to supply to customer members of said trading network said commodity or service; building, in an electronic storage device for each of said plurality of trading networks, a trading network entity, said trading network entity including for said supplier a supplier entity with attributes including start date, end date, sets of services and products offered to said trading network, and payment flow for said commodities and services; offering at least one trading network package, said trading network package based on negotiations occurring prior to receiving purchase requests from said customer members; selectively defining each said trading network package as including; a trading network value-add service offering offered by said trading network to said customer members for a fee, and a managed package for which a customer member of said customer members provides a volume commitment against which actual purchases are tracked; and negotiating price discount levels for committed levels of demand from said trading networks. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12)
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13. A program storage device readable by a machine, tangibly embodying a program of instructions executable by a machine to perform a method for managing a supplier for participation in a plurality of trading networks, said program storage device comprising a computer readable storage device that stores said program of instructions, said method comprising:
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receiving from each said trading network a volume commitment consolidating a plurality of trading network customer volume commitments for said offerings of commodities and services; negotiating an offering with each said trading network to supply to customer members of said trading network said commodity or service; building, in an electronic storage device for each of said plurality of trading networks, a trading network entity, said trading network entity including for said supplier a supplier entity with attributes including start date, end date, sets of services and products offered to said trading network, and payment flow for said commodities and services; offering at least one trading network package, said trading network package based on negotiations occurring prior to receiving purchase requests from said customer members; selectively defining each said trading network package as including; a trading network value-add service offering offered by said trading network to said customer members for a fee, and a managed package for which a customer member of said customer members provides a volume commitment against which actual purchases are tracked; and negotiating price discount levels for committed levels of demand from said trading networks. - View Dependent Claims (14, 15, 16, 17, 18, 19, 20, 21, 22, 23)
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Specification