Pricing method and system

US7895133B2 · kind B2 · utility

Assignee

• International Business Machines Corporation · US

Inventors

• Susan Bumgardner Cirulli · Simpsonville, US
• Gautam Majumdar · Wappingers Falls, US
• Michael Randy May · Johnson City, US

Key dates

• Filing date: Apr 9, 2007
• Grant date: Feb 22, 2011
• Expiry date: Dec 22, 2029

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q50/188
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A pricing method and system. The method includes receiving, by a computing system, data associated with a business. The data comprises a first list of negotiated pricing rates and associated skills, a second list of requesters, and a third list of suppliers. The computing system receives business factors data. The computing system determines requester options with respect to the negotiated pricing rates. The requester options are dependent on the business factors data. The computing system determines supplier options with respect to the negotiated pricing rates. The supplier options are dependent on the business factors data. The computing system determines sourcing buyer authorization options with respect to suppliers and the negotiated pricing rates. The computing system generates a pricing report comprising the requester options, the supplier options, the sourcing buyer authorization options, and the business factors data.