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US 2019/0197612 A1Published application
Request for quote system and method
AssigneeCfph, LLC
InventorsLaurence Rose, Dean P. Alderucci
Life of this patent
Estimating the term…
Abstract
Provided are request-for-quote (RFQ) systems and methods in which quotes received in response to a RFQ are held until a condition is met and only released for display when that condition is met.
Claims17
(canceled)
A request for quote (RFQ) management system comprising:
- a management server configured to evaluate and organize a plurality of RFQs for a product by controlling:
- receiving, over a communication network, a first RFQ of the plurality of RFQs from a first computing device of a first submitter;
- for the first RFQ of the plurality of RFQs, determining a first condition for quotes for the first submitter, in which the first condition includes receiving a minimum number of quotes in response to the first RFQ;
- receiving, over the communication network, a second RFQ of the plurality of RFQs from a second computing device of a second submitter;
- for the second RFQ of the plurality of RFQs, determining a second condition for quotes for the second submitter, in which the second condition includes a minimum amount of time passing after receiving the second RFQ;
- computing that the first condition has been met before transmitting, over the communication network, to a third computing device of a first user, first display signals to cause display of first quotes on a display of the third computing device;
- and
- computing that the second condition has been met before transmitting, over the communication network, to a fourth computing device of a second user, second display signals to cause display of at least one second quote on a display of the fourth computing device.
5 more elements
Dependencies are inferred from the claim text.