Framework for negotiation and tracking of sale of goods

Details Framework for negotiation and tracking of sale of goods Framework for negotiation and tracking of sale of goods

1997-10-11

2000-04-25

MacDonald, Allen R.

Data processing: financial, business practice, management, or co

Electronic negotiation

G06F 1500

Patent

active

06055519&

ABSTRACT:
A computer implemented system and process are provided for negotiation and tracking of sale of goods. In this system and process, a negotiation engine (16) operates to store data representing a current state (18) of a negotiation between a seller and buyer. The negotiation engine (16) stores the data within a framework for representing aspects of the negotiation between the seller and buyer. The framework includes a request object, a promise object and an acceptance object that can store a current description of a contract. The framework also includes a set of one or more delivery deals determined by the contract. Each delivery deal can have a delivery request object, a delivery promise object, and a delivery acceptance object that can store associated item deals and time periods for delivery of item deals. Each item deal can have an item request object, an item promise object and an item acceptance object that can store individual sales-order line-items. The negotiation engine (16) thereby allows a user to monitor the current state of the negotiation over a range of prices, a range of dates, ranges of quantities of a set of goods, and a range of configurations of the goods in the set.

REFERENCES:
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patent: 5615269 (1997-03-01), Micali
patent: 5734837 (1998-03-01), Flores et al.
patent: 5794207 (1998-08-01), Walker et al.
patent: 5884041 (1999-03-01), Hurwitz
Carrie Beam, Arie Segev and J. George Shanthikumar, "Electronic Negotiation Through Internet-Based Auctions", Dec. 1996 (found at http://haas.berkeley.edu/.about.citm/wp-1019-summary.html).

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