Invention Grant
- Patent Title: Conditional purchase offer management system
- Patent Title (中): 有条件的采购报价管理系统
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Application No.: US12639876Application Date: 2009-12-16
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Publication No.: US08082180B2Publication Date: 2011-12-20
- Inventor: Jay S. Walker , Bruce Schneier , James A. Jorasch , T. Scott Case
- Applicant: Jay S. Walker , Bruce Schneier , James A. Jorasch , T. Scott Case
- Applicant Address: US CT Norwalk
- Assignee: priceline.com Incorporated
- Current Assignee: priceline.com Incorporated
- Current Assignee Address: US CT Norwalk
- Agency: Chadbourne & Parke LLP
- Agent Walter G. Hanchuk
- Main IPC: G06Q30/00
- IPC: G06Q30/00

Abstract:
A conditional purchase offer (CPO) management system is disclosed for receiving CPOs from one or more customers, such as airline passengers, and for evaluating the received CPOs against a number of CPO rules defined by a plurality of sellers, such as airlines, to determine whether any seller is willing to accept a given CPO. A CPO is a binding offer containing one or more conditions submitted by a customer for purchase of an item, such as airline travel, at a customer-defined price. A CPO rule is a set of restrictions defined by a given seller, such as an airline, to define a combination of restrictions for which the seller is willing to accept a predefined price. The CPO rules may be securely stored by one or more servers. The CPO management system permits a seller to correct for forecasting errors, if necessary, or other competitive forces which have produced excess capacity, by providing inventory for sale to CPO customers.
Public/Granted literature
- US20100094669A1 Conditional Purchase Offer Management System Public/Granted day:2010-04-15
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