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Auction management with business-volume discount

  • US 8,036,950 B1
  • Filed: 02/20/2002
  • Issued: 10/11/2011
  • Est. Priority Date: 02/20/2002
  • Status: Active Grant
First Claim
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1. A computer-implemented method for determining an optimal award schedule for satisfying a purchase requisition, the method comprising:

  • receiving over a computer network, from each of a plurality of candidate suppliers, a corresponding plurality of bids;

    receiving, from a candidate supplier over said computer network, an explicit offer of a business-volume discount that is triggered when a purchase from the candidate supplier of at least one unit of a first qualifying item and at least one unit of a second qualifying item has an aggregated volume within a defined volume interval; and

    determining by a processor an optimal award schedule comprising an optimal combination of candidate suppliers and a list of items to be ordered from each supplier to at least partially satisfy the purchase requisition utilizing the explicit offer of a business volume discount.

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