Optimization system and method for buying clubs

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 7467103
SERIAL NO

10916803

Stats

ATTORNEY / AGENT: (SPONSORED)

Importance

Loading Importance Indicators... loading....

Abstract

See full text

A system, and associated method, aggregates, optimizes, allocates, and prices products orders by members of buying clubs wherein a network interconnects a master computer having a database to a plurality of buyer computers connected to the network for data communication with said master computer, each of which buyer computers is operable by at least one respective buyer of at least one buying club, and is configured for generating to the master computer data defining orders of products placed by said respective buyers. Computer program code executable by the master computer compiles each of the respective orders into an aggregate order, and, with reference to data structures of said products, inventory, optimization criteria, and orders of all buyers including any specified minimum, preferred and maximum specified units, generates optimized orders and allocations to achieve improved outcomes for buyers, thereby facilitating purchasing and commerce by and between members, buying clubs, and suppliers.

Loading the Abstract Image... loading....

First Claim

See full text

Family

Loading Family data... loading....

Patent Owner(s)

Patent OwnerAddress
TELEGROW LLC3523 COOPER CREEK ROAD DENTON TX 76208

International Classification(s)

  • [Classification Symbol]
  • [Patents Count]

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Murray, Joseph L Jamestown, RI 2 82
Murray, Thomas G Denton, TX 10 171

Cited Art Landscape

Load Citation

Patent Citation Ranking

Forward Cite Landscape

Load Citation