Index for assessing discount potential
AssigneeJPMorgan Chase Bank, N.A.
InventorsXuan McRae, Mathew Roland, George Fan
Life of this patent
Estimating the term…
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AssigneeJPMorgan Chase Bank, N.A.
InventorsXuan McRae, Mathew Roland, George Fan
Estimating the term…
A computerized system and method of calculating a discount index value for a supplier can include receiving information related to a plurality of discount leverage factors for the supplier, calculating a discount index value for the supplier based on the information related to the discount leverage factors, receiving information related to an actual discount event for the supplier, recalculating the discount index value for the supplier based on the discount leverage factors and the information related to actual discount events, and displaying the discount index value for the supplier. The system and method can also include placing the discount index value on a discount index scale, defining a plurality of discount leverage regions on the discount index scale, and attributing a leverage value to the supplier based on the proximity of the discount index value to one of the discount leverage regions.
A computerized method comprising:
A computerized method comprising:
Dependencies are inferred from the claim text.