Method and system for processing obsolete goods

Abstract

In a system embodiment, a client-server computing architecture (i) receives defining a supplier's claim for payment for obsolete goods, (ii) receives input scheduling an audit of the supplier's claim, (iii) receives input defining one or more results of the audit, and (iv) presents output reconciling the supplier's claim with the audit results. System supports approving payment and defining disposal instructions for the obsolete goods. A method embodiment includes establishing a buyer-supplier contractual arrangement, communicating to the supplier that a portion of the quantity of the goods are obsolete, receiving an electronic claim from the supplier requesting payment for the obsolete goods, electronically scheduling an audit of the supplier's claim, auditing the supplier's claim and recording the audit results electronically, and paying the supplier for the obsolete goods. A payment price for the obsolete goods may be negotiated.

Dependencies are inferred from the claim text.