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Flexible data store for implementing a streamlined acquisition process

  • US 8,700,488 B2
  • Filed: 10/27/2008
  • Issued: 04/15/2014
  • Est. Priority Date: 10/27/2008
  • Status: Active Grant
First Claim
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1. A computer-implemented method for facilitating a process for a buyer to make an acquisition using an interactive tool, the method comprising:

  • receiving, by the interactive tool, requirements for the acquisition from the buyer;

    representing each of the requirements as a stored data element in a data structure associated with the interactive tool;

    presenting, by the interactive tool, a request for proposal based on the stored data elements to potential vendors for the acquisition;

    representing, by the interactive tool, a proposed solution to the request for proposal by at least one of the potential vendors, wherein the proposed solution links the requirements for the acquisition with one or more solutions;

    providing, by the interactive tool, a notice to the at least one potential vendor when the proposed solution does not include a solution for every requirement for the acquisition;

    representing each of the one or more solutions and the notice as a stored data element in the data structure associated with the interactive tool; and

    providing, by the interactive tool, analysis to the buyer using the linked data elements representing the requirements for the acquisition and the proposed solution to facilitate the buyer selecting a chosen vendor for the acquisition.

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