Method for optimizing a business transaction

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Electronic shopping

Reexamination Certificate

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Details

C705S001100, C705S027200

Reexamination Certificate

active

10229838

ABSTRACT:
A system for coordinating business transactions between multiple vendors of consumer products, referred to herein as selling vendors and shipping vendors. This system includes an electronic device for allowing a consumer to access a selling vendor's website, at least one server connected to the selling vendor's website for receiving purchase-related information from the consumer and sending and receiving information to and from the system, at least one server connected to the shipping vendor's business network for receiving and sending communications from and to the system, and a transaction coordination hub connected to the selling vendor's server and the shipping vendor's server for coordinating transactions between the selling vendor and the shipping vendor. The transaction coordination hub further includes a catalog subcomponent for storing detailed vendor-related data and a transaction coordinator software subcomponent for coordinating transactions between the selling vendors and the shipping vendors.

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“ChemConnect and GE Operation Services Announce Inventory Management Solution Agreement”. Business Editors. Business Wire. Feb. 11, 2002. p. 0225. [recovered from Dialod database on Nov. 20, 2006].

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