Method and apparatus for filtering and/or sorting responses to electronic requests for quote
US7653583B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | May 16, 2000 |
| Grant date | Jan 26, 2010 |
| Priority date | — |
| Expiry date | May 22, 2023 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/04
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method and apparatus for filtering and/or sorting responses to electronic requests for quotes for a product or products offered for sale includes comparing first data of each of a plurality electronic quotes to first data of an electronic request for quote. Each of the plurality of electronic quotes is classified as either a matching quote or a non-matching quote. After the quotes are classified, each classified quote is ranked, for example, by the total price of the product or products offered for sale. Classification into distinct categories is used to apply techniques to make quotes comparable. Inexact matches can be adjusted to allow comparison between exact matching quotes and the adjusted inexact matching quotes.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.