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Automotive core fulfillment system and method

  • US 8,392,297 B2
  • Filed: 07/19/2010
  • Issued: 03/05/2013
  • Est. Priority Date: 01/22/2007
  • Status: Active Grant
First Claim
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1. A computer-implemented method of identifying an automotive core in a vehicle up for bidding for an auction house and determining the value of the automotive core using a computer processor in a core fulfillment system, the method comprising:

  • receiving vehicle identification information from the auction house at an interface computing device, wherein the vehicle identification information characterizes the vehicle up for bidding;

    comparing, with the computer processor, the vehicle identification information from the auction house at the interface computing device to automotive core descriptions and automotive interchange numbers in an interchange database and core supplier identification indicators in a core supplier database;

    identifying the automotive core with an interchange number matching computing device based upon the comparison of the vehicle identification information to automotive core descriptions and automotive interchange numbers and core supplier identification indicators, the automotive core descriptions including a part type identifier and a yard description;

    assigning, with a demand and pricing database, a core monetary value to the identified automotive core;

    determining, with the demand and pricing database, an aggregate value of core inventory based upon an aggregate total of assigned core values of identified automotive cores, wherein the aggregate total may not be the same as a sum of all identified automotive cores; and

    sending a vehicle evaluation page to an auction bidder, the vehicle evaluation page showing the identified automotive core, yard description, and the aggregate value of core inventory, the aggregate value of core inventory indicating an offer for purchase price that a core supplier will pay to the auction bidder for the automotive cores based upon the demand for the automotive cores.

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