United States Patent 7,440,911

7,440,911

Distributed quote management

Issued:  October 21, 2008

Assignee:  i2Technologies, US, Inc. (Dallas, TX)

Inventors:  Fors; John (Menlo Park, CA), Mantripragada; Ramakrishna (Sunnyvale, CA), Burich; Paul (Milpitas, CA), Recht; Larry (Newport Beach, CA), Aulakh; Nameeta (Coppell, TX), Allison; James Richard (San Jose, CA), Hayes; Gayle (Cupertino, CA)

Abstract:  A method for distributed quote management includes receiving a buyer request for quote (RFQ) from a buyer. The buyer RFQ requests a quote from a seller and identifies multiple items. The method includes automatically determining a best cost of each item in the buyer RFQ. The method includes automatically generating a quote for the buyer RFQ using the determined best costs of the items in the buyer RFQ. The method includes automatically generating a bid package for the buyer RFQ that includes the generated quote and automatically communicating the generated bid package to the buyer.