Complex prices in bidding
AssigneeSap SE
InventorsStefan Kiefer, Antonia Gross, Andreas Koenig, Michael Buehler
Life of this patent
Estimating the term…
Abstract
Managing bid pricing information comprises receiving transaction information and item data from a buyer, generating a bid invitation containing entries relating to the transaction information and item data, and making the bid invitation available to a plurality of potential bidders, receiving from one or more of the potential bidders bid invitations containing a complex pricing structure and corresponding complex pricing amounts, and selecting a winning bidder based on the complex pricing amounts.
Claims20
A computer program product tangibly embodied in a non-transitory computer-readable storage medium, the computer program product including instructions that, when executed, cause a processor to perform operations comprising:
- receiving transaction information and item data from a buyer;
- generating a bid invitation containing entries relating to the transaction information and item data, and making the bid invitation available to a plurality of potential bidders;
- receiving, from one or more of the potential bidders, bid responses containing a complex pricing structure and corresponding complex pricing amounts, wherein the complex pricing structure is selected by the potential bidders from among a group of multiple pricing structures made available to the potential bidders, and
- wherein the complex pricing structure is selected and supplied by each potential bidder, and the complex pricing structures supplied by two or more potential bidders include bids with multiple different pricing amounts, and each bidder provides multiple different proposals with each proposal including a set of terms governing the proposal and a set of prices for the proposal;
- and
- selecting a winning bidder based at least in part on the complex pricing amounts.
A system for selecting a winning bidder, the system comprising:
- a computer system;
- a bid invitation generator implemented by the computer system and configured to generate a bid invitation containing entries relating to transaction information and item data received from a buyer, and to make the bid invitation available to a plurality of potential bidders;
- an interface for the computer system configured to receive, from one or more of the potential bidders, bid responses containing a complex pricing structure and corresponding complex pricing amounts, wherein the complex pricing structure is selected by the potential bidders from among a group of multiple pricing structures made available to the potential bidders, and wherein the complex pricing structure is selected and supplied by each potential bidder, and the complex pricing structures supplied by two or more potential bidders include bids with multiple different pricing amounts, and each bidder provides multiple different proposals with each proposal including a set of terms governing the proposal and a set of prices for the proposal;
- and
- a bid aggregator implemented by the computer system and configured to select a winning bidder based at least in part on the complex pricing amounts.
Dependencies are inferred from the claim text.