Richard J Hand

US Patent:

7440918, Oct 21, 2008

Filed:

Apr 5, 2001

Appl. No.:

09/827031

Inventors:

Edward J. Boyle - Montclair NJ, US
Tom Levine - Alpharetta GA, US
Pat Corbett - Spring TX, US
John M. Berkley - Evanston IL, US
Linda Birbara - New York NY, US
Richard Hand - Katy TX, US
Dale Contratto - Scottsdale AZ, US
Michael Gonzales - Houston TX, US

Assignee:

American Express Travel Related Services Company, Inc. - New York NY

International Classification:

G06Q 40/00

US Classification:

705 37, 705 36, 705 35, 705 26

Abstract:

A system and method is disclosed which allows the aggregation of the demands of various buyers, providing an incentive for suppliers to bid to supply those demands in an auction. The system and method operates by scanning a database which contains a listing of goods or services sought by various people or entities. Thereafter, similar goods or services are grouped together and presented to various vendors. The vendors are given the opportunity to bid on the group of similar goods or services. Such a bid may vary from the originally purchased goods or services as long as the bid is within a predetermined range. The vendor which presents the optimum bid within a predetermined period of time is selected as the provider of the goods or services and proceeds to supply the goods or services at the bid upon amount.

US Patent:

7908207, Mar 15, 2011

Filed:

Oct 14, 2008

Appl. No.:

12/251364

Inventors:

Edward J. Boyle - Montclair NJ, US
Tom Levine - Alpharetta GA, US
Pat Corbett - Spring TX, US
John M. Berkley - Evanston IL, US
Linda Birbara - New York NY, US
Richard Hand - Katy TX, US
Dale Contratto - Scottsdale AZ, US
Michael Gonzales - Houston TX, US

Assignee:

American Express Travel Related Services Company, Inc. - New York NY

International Classification:

G06Q 40/00

US Classification:

705 37, 705 35, 705 36, 705 38

Abstract:

A system and method is disclosed which allows the aggregation of the demands of various buyers, providing an incentive for suppliers to bid to supply those demands in an auction. The system and method operates by scanning a database which contains a listing of goods or services sought by various people or entities. Thereafter, similar goods or services are grouped together and presented to various vendors. The vendors are given the opportunity to bid on the group of similar goods or services. Such a bid may vary from the originally purchased goods or services as long as the bid is within a predetermined range. The vendor which presents the optimum bid within a predetermined period of time is selected as the provider of the goods or services and proceeds to supply the goods or services at the bid upon amount.

US Patent:

20110040584, Feb 17, 2011

Filed:

Oct 26, 2010

Appl. No.:

12/912130

Inventors:

Edward J. Boyle - Montclair NJ, US
Tom Levine - Alpharetta GA, US
Pat Corbett - Spring TX, US
John M. Berkley - Evanston IL, US
Linda Birbara - New York NY, US
Richard Hand - Katy TX, US
Dale Contratto - Scottsdale AZ, US
Michael Gonzales - Houston TX, US

Assignee:

American Express Travel Related Services Company, Inc. - New York NY

International Classification:

G06Q 10/00

US Classification:

705 5, 705 263

Abstract:

A system and method is disclosed which allows the aggregation of the demands of various buyers, providing an incentive for suppliers to bid to supply those demands in an auction. The system and method operates by scanning a database which contains a listing of goods or services sought by various people or entities. Thereafter, similar goods or services are grouped together and presented to various vendors. The vendors are given the opportunity to bid on the group of similar goods or services. Such a bid may vary from the originally purchased goods or services as long as the bid is within a predetermined range. The vendor which presents the optimum bid within a predetermined period of time is selected as the provider of the goods or services and proceeds to supply the goods or services at the bid upon amount.