WO2015176071A3 - System and method for product vendor selection - Google Patents

System and method for product vendor selection Download PDF

Info

Publication number
WO2015176071A3
WO2015176071A3 PCT/US2015/031448 US2015031448W WO2015176071A3 WO 2015176071 A3 WO2015176071 A3 WO 2015176071A3 US 2015031448 W US2015031448 W US 2015031448W WO 2015176071 A3 WO2015176071 A3 WO 2015176071A3
Authority
WO
WIPO (PCT)
Prior art keywords
purchaser
vendors
logistical
linear optimization
information
Prior art date
Application number
PCT/US2015/031448
Other languages
French (fr)
Other versions
WO2015176071A2 (en
Inventor
Robert J. STEINMAN
Original Assignee
Capitol Development, Llc
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Capitol Development, Llc filed Critical Capitol Development, Llc
Publication of WO2015176071A2 publication Critical patent/WO2015176071A2/en
Publication of WO2015176071A3 publication Critical patent/WO2015176071A3/en

Links

Classifications

    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q30/00Commerce
    • G06Q30/06Buying, selling or leasing transactions
    • G06Q30/08Auctions

Abstract

Systems and methods for facilitating complex purchasing decision across a plurality of potential product (or service) vendors are based on accumulating pricing, logistical (inventory, shipping, transport, etc.), and performance (past delivery timeliness, satisfaction, etc.) information from a spectrum of relevant sources (vendors, shippers, warehouses, distributors, manufacturers, information aggregators, etc.) and using linear optimization methods to specifically recommend one or more vendors from whom to buy a given product at a given logistical moment taking into account the plurality of underlying factors considered. The mathematical linear optimization analysis is preferably further refined by considering vendor selection priorities of the purchaser, which may be either purchaser-selected or may be generalized to a category of purchaser (such as government versus private, employee size, etc.).
PCT/US2015/031448 2014-05-16 2015-05-18 System and method for product vendor selection WO2015176071A2 (en)

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US201461994646P 2014-05-16 2014-05-16
US61/994,646 2014-05-16

Publications (2)

Publication Number Publication Date
WO2015176071A2 WO2015176071A2 (en) 2015-11-19
WO2015176071A3 true WO2015176071A3 (en) 2016-01-14

Family

ID=54480949

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2015/031448 WO2015176071A2 (en) 2014-05-16 2015-05-18 System and method for product vendor selection

Country Status (1)

Country Link
WO (1) WO2015176071A2 (en)

Families Citing this family (14)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20050131837A1 (en) 2003-12-15 2005-06-16 Sanctis Jeanne D. Method, system and program product for communicating e-commerce content over-the-air to mobile devices
US8370269B2 (en) 2004-06-02 2013-02-05 Overstock.Com, Inc. System and methods for electronic commerce using personal and business networks
US9747622B1 (en) 2009-03-24 2017-08-29 Overstock.Com, Inc. Point-and-shoot product lister
US10546262B2 (en) * 2012-10-19 2020-01-28 Overstock.Com, Inc. Supply chain management system
US11676192B1 (en) 2013-03-15 2023-06-13 Overstock.Com, Inc. Localized sort of ranked product recommendations based on predicted user intent
US11023947B1 (en) 2013-03-15 2021-06-01 Overstock.Com, Inc. Generating product recommendations using a blend of collaborative and content-based data
US10810654B1 (en) 2013-05-06 2020-10-20 Overstock.Com, Inc. System and method of mapping product attributes between different schemas
US10929890B2 (en) 2013-08-15 2021-02-23 Overstock.Com, Inc. System and method of personalizing online marketing campaigns
US10872350B1 (en) 2013-12-06 2020-12-22 Overstock.Com, Inc. System and method for optimizing online marketing based upon relative advertisement placement
US10534845B2 (en) 2016-05-11 2020-01-14 Overstock.Com, Inc. System and method for optimizing electronic document layouts
US11514493B1 (en) 2019-03-25 2022-11-29 Overstock.Com, Inc. System and method for conversational commerce online
US11205179B1 (en) 2019-04-26 2021-12-21 Overstock.Com, Inc. System, method, and program product for recognizing and rejecting fraudulent purchase attempts in e-commerce
US11734368B1 (en) 2019-09-26 2023-08-22 Overstock.Com, Inc. System and method for creating a consistent personalized web experience across multiple platforms and channels
CN111598660A (en) * 2020-05-14 2020-08-28 杭州乐顺科技有限公司 Computer screening device and method for screening suppliers and storage medium

Citations (4)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20020099562A1 (en) * 1999-10-29 2002-07-25 Bruce Michael George System and method of data exchange for electronic transactions with multiple sources
US6641037B2 (en) * 2001-12-13 2003-11-04 Peter Williams Method and system for interactively providing product related information on demand and providing personalized transactional benefits at a point of purchase
US20120123910A1 (en) * 2010-11-12 2012-05-17 Marc George Consumer shopping and purchase support system and marketplace
US20140095265A1 (en) * 2012-09-29 2014-04-03 Capitol Development Llc System and method for product vendor selection

Patent Citations (4)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20020099562A1 (en) * 1999-10-29 2002-07-25 Bruce Michael George System and method of data exchange for electronic transactions with multiple sources
US6641037B2 (en) * 2001-12-13 2003-11-04 Peter Williams Method and system for interactively providing product related information on demand and providing personalized transactional benefits at a point of purchase
US20120123910A1 (en) * 2010-11-12 2012-05-17 Marc George Consumer shopping and purchase support system and marketplace
US20140095265A1 (en) * 2012-09-29 2014-04-03 Capitol Development Llc System and method for product vendor selection

Also Published As

Publication number Publication date
WO2015176071A2 (en) 2015-11-19

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