System for managing a supplier for participation in a plurality of trading networks
First Claim
1. A system, comprising a computer that includes a physically tangible storage device readable by the computer, said storage device storing a program of instructions configured to be executed by the computer to perform a method for managing a supplier for participation in a plurality of trading networks, said method comprising:
- receiving from each said trading network a volume commitment consolidating a plurality of trading network customer volume commitments for offerings of commodities and services;
negotiating an offering with each said trading network to supply to customer members of said trading network a commodity or service of said commodities and services;
building, in an electronic storage device for each trading network 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;
(i) a trading network value-add service offering offered by said trading network to said customer members for a fee, and (ii) a managed package for which a customer member of said customer members provides a volume commitment and for which actual purchases are tracked; and
negotiating price discount levels for committed levels of demand from said trading networks.
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Abstract
A system for performing a method for managing a supplier for participation in trading networks. The method includes: receiving from each trading network a volume commitment consolidating volume commitments for offerings of commodities and services; negotiating with each trading network to supply to customer members of the trading network the commodity or service; storing, for each trading network for each supplier, attributes including start date, end date, services and products offered to the trading network, and payment flow for the commodities and services; offing a trading network package based on negotiations occurring before receiving purchase requests from the customer members, the trading network package including: (i) a value-add service offering to the customer members for a fee, and (ii) a managed package for which a customer member provides a volume commitment and actual purchases are tracked; and negotiating price discount levels for committed levels of demand from the trading networks.
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Citations
8 Claims
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1. A system, comprising a computer that includes a physically tangible storage device readable by the computer, said storage device storing a program of instructions configured to be executed by the computer to perform a method for managing a supplier for participation in a plurality of trading networks, 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 offerings of commodities and services; negotiating an offering with each said trading network to supply to customer members of said trading network a commodity or service of said commodities and services; building, in an electronic storage device for each trading network 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;
(i) a trading network value-add service offering offered by said trading network to said customer members for a fee, and (ii) a managed package for which a customer member of said customer members provides a volume commitment and for which actual purchases are tracked; andnegotiating price discount levels for committed levels of demand from said trading networks. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8)
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Specification