System, method and computer program product for auctioning surplus products in a supply chain management framework

A system for auctioning surplus products in a supply chain management framework, comprising:

• a) logic for receiving data from a plurality of outlets of a supply chain utilizing a network, the data relating to an amount of products sold by the outlets;
• b) logic for making the data accessible to the outlets, distributors, and suppliers utilizing a network based interface;
• and
• c) logic for auctioning surplus products from at least one of the outlets utilizing the network-based interface.

A computer program product for auctioning surplus products in a supply chain management framework, comprising:

• a) computer code for receiving data from a plurality of outlets of a supply chain utilizing a network, the data relating to an amount of products sold by the outlets;
• b) computer code for making the data accessible to the outlets, distributors, and suppliers utilizing a network based interface;
• and
• c) computer code for auctioning surplus products from at least one of the outlets utilizing the network-based interface.