Index for assessing discount potential

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United States of America Patent

PATENT NO 8478637
SERIAL NO

12099572

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A computerized system and method of calculating a discount index value for a supplier can include receiving information related to a plurality of discount leverage factors for the supplier, calculating a discount index value for the supplier based on the information related to the discount leverage factors, receiving information related to an actual discount event for the supplier, recalculating the discount index value for the supplier based on the discount leverage factors and the information related to actual discount events, and displaying the discount index value for the supplier. The system and method can also include placing the discount index value on a discount index scale, defining a plurality of discount leverage regions on the discount index scale, and attributing a leverage value to the supplier based on the proximity of the discount index value to one of the discount leverage regions.

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Patent Owner(s)

  • JPMORGAN CHASE BANK, N.A.

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Fan, George Pleasanton, US 3 5
McRae, Xuan Fremont, US 9 337
Roland, Mathew San Francisco, US 2 2

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