System and method for enhancing supply chain transactions

A method for processing supply chain transactions, comprising:

• receiving initial terms and requirements associated with the transaction;
• receiving supply chain data from at least one supply chain monitor, the supply chain data relating to the condition or location of an item along a supply chain;
• and
• generating revised terms and requirements by modifying the initial terms and requirements based on supply chain event data and on at least one value algorithm while the item is still in the supply chain.

A system for processing particulars of a transaction over a network, comprising:

• supply chain tracking means for receiving supply chain event data from at least one supply chain monitor, the supply chain data relating to the condition or location of an item along a supply chain;
• term and requirements means for receiving initial terms and requirements associated with the transaction and for modifying the initial terms and requirements based on supply chain event data;
• and
• settlement means for settling the transaction based on the modified terms and requirements.