System and method for purchasing products through bidding online
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United States of America Patent
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N/A
Issued Date -
Oct 14, 2004
app pub date -
Apr 12, 2004
filing date -
Apr 11, 2003
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
A system for purchasing products through bidding online includes an application server (13), a corporation website (12), a database (15), a plurality of client computers (10) and a plurality of supplier computers (17). The application server includes a supplier data management module (131) for maintaining basic information on suppliers and their products, and predetermining a plurality of selected suppliers according to information on products to be purchased; a price inquiring/quoting/price negotiating management module (132) for inquiring of prices, receiving quotations from selected suppliers, negotiating prices, and generating price-related records; an online bidding management module (133) for opening a bid, comparing bidding results to determine a winning supplier, and generating bid-related records; a contract management module (134) for signing and maintaining of procurement contracts. A method for purchasing products through bidding online is also disclosed.
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