IP Library Granted Patent US 7,519,549
Granted Patent B1
US 7,519,549 · App. 08/879,070 · Granted Apr 14, 2009

Inventory sales system and method

Assignee: Presentation Specialist Technologies, LLC
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Quick Facts
Patent No.
US 7,519,549
App. No.
08/879,070
Granted
Apr 14, 2009
Kind
B1
Abstract

A computer system which permits inventory information to be used in connection with a technology enabled selling (TES) system to facilitate a sale is disclosed. The inventory information may be used during configuration of an item to be sold to a customer in a manner which allows the sales representative to more easily sell items from inventory if desired.

Claims (32)

1. A method facilitating a sale of a product with a computer system from an inventory of a selling entity, the method comprising steps of:

receiving information into the computer system regarding a customer's needs and desired option selections related to one or more of products of the selling entity;

receiving a value input associated with each desired option selection into the computer system ranking the importance of each of the desired option selections;

defining a configured product satisfying the customer's needs and the desired option selections using one or more solvers containing logic rules constraining selection of available product options; and

identifying from the inventory of the selling entity one or more available products that most closely matches the configured product having the desired option selections of the customer based on the value input associated with the desired option selections, when an identified available product that exactly corresponds to the configured product is not found in the inventory of the selling entity.

2. The method of claim 1 wherein the value input associated with the desired options corresponds to a numeric value indicating importance of the associated desired option selection.

3. The method of claim 2 wherein the numeric value used in the value input corresponds to a value between 0 and 10.

4. The method of claim 1 wherein the value input associated with the desired options corresponds to a relative value indicating importance of the associated desired option selection as compared to other desired option selections, the identifying step comprises identifying from the inventory of the selling entity one or more available products that most closely matches the configured product based on using the relative values of the value input associated with the desired option selections.

5. The method of claim 1 wherein the logic rules comprise constraint rules which define engineering relationships between product options used to constrain use of combinations of options.

6. The method of claim 1 wherein the logic rules comprise resource rules which define relationships between product options in terms of resources used and resources required.

7. The method of claim 1 wherein the logic rules comprise cross-reference rules which define relationships between similar product options.

8. The method of claim 1 further comprising a step of presenting to the customer by utilizing the computer system with the one or more identified available products found in the inventory of the selling entity that most closely matches the configured product having the desired option selections of the customer.

9. The method of claim 1 further comprising a step of identifying from the inventory of the selling entity one or more available products that exactly corresponds to the configured product.

10. The method of claim 1 further comprising a step of storing in a memory arrangement of the computer system product inventory information related to the inventory of the selling entity, and wherein the identifying step comprises identifying from the inventory of the selling entity, as stored in the memory arrangement, one or more available products that most closely matches the configured product.

11. The method of claim 1 further comprising a step of storing in a memory arrangement of the computer system configuration information related to selling entity products offered for sale by the selling entity, and wherein the defining step comprises defining the configured product which satisfies the customer's needs by constraining the selection of available product options to those stored in the memory arrangement as configuration information.

12. A method facilitating a sale of a configurable product with a computer system from an inventory of a selling entity, the method comprising steps of:

presenting to a customer by use of the computer system with desired option selections available for inclusion within one or more of the selling entity configurable products;

receiving information into the computer system regarding needs of the customer and desired option selections related to one or more of the selling entity configurable products;

receiving a value input associated with each desired option selection into the computer system ranking importance of each of the desired option selections;

defining a configured product found within the inventory of the selling entity satisfying the needs of the customer and the desired option selections using one or more solvers containing logic rules constraining selection of available product options; and

presenting to the customer by utilizing the computer system with one or more configured products found in the inventory of the selling entity that most closely matches the desired option selections specified by the customer based on the value input associated with the desired option selections, when the one or more configured products found in the inventory of the selling entity contain less than all of the desired selection option selections specified by the customer.

13. The method of claim 12 wherein the value input associated with the desired option selections corresponds to a numeric value indicating importance of the associated desired option selection.

14. The method of claim 12 wherein the value input associated with the desired options corresponds to a relative value indicating importance of the associated desired option selection as compared to other desired option selections, the step of presenting to the customer through the computer system with one or more configured products comprises presenting the one or more configured products found in the inventory of the selling entity that most closely matches the configured product based on using the relative values of the value input associated with the desired option selections.

15. A computer system facilitating a sale of a product from an inventory of a selling entity, the system comprising:

a memory arrangement having stored therein product inventory information related to the inventory of the selling entity and configuration information related to selling entity products offered for sale by the selling entity;

a user interface configured to receive from a customer needs and desired option selections related to one or more of products of the selling entity; and

a configuration engine, operatively coupled to the memory arrangement and user interface, that (i) receives a value input associated with each desired option selection ranking the importance of each of the desired option selections, (ii) defines configured product satisfying the customer's needs and the desired option selections using one or more solvers containing logic rules constraining selection of available product options, and (iii) identifies from the stored product inventory information of the selling entity one or more available products that most closely matches the configured product having the desired option selections of the customer based on the value input associated with the desired option selections, when an identified available product that exactly corresponds to the configured product is not found in the stored product inventory information of the selling entity.

16. The computer system of claim 15 wherein the value input associated with the desired options corresponds to one of: (i) a numeric value indicating importance of the associated desired option selection and (ii) a relative value indicating importance of the associated desired option selection as compared to other desired option selections.

17. The computer system of claim 15 wherein the logic rules are selected from a group consisting of: (i) constraint rules which define engineering relationships between product options used to constraining use of combinations of options, (ii) resource rules which define relationships between product options in terms of resources used and resources required, and (iii) cross-reference rules which define relationships between similar product options.

18. The computer system of claim 15 wherein the configuration engine presents to the customer through the user interface the one or more identified available products found in the inventory of the selling entity that most closely matches the configured product having the desired option selections of the customer.

19. The computer system of claim 15 wherein the configuration engine identifies from the inventory of the selling entity one or more available products that exactly corresponds to the configured product.

20. The computer system of claim 15 wherein the configuration engine defines the configured product satisfying the customer's needs by constraining the selection of available product options to the stored configuration information related to selling entity products offered for sale by the selling entity.

Assignments (15)
RELEASE OF SECURITY INTEREST Recorded Sep 7, 2016
From: LATERAL U.S. CREDIT OPPORTUNITIES FUND, L.P.
To: DACOR
Reel/Frame 039663/0478 →
SECURITY INTEREST Recorded May 6, 2016
From: DACOR (FORMERLY DISTINCTIVE APPLIANCES, INC.)
To: LATERAL U.S. CREDIT OPPORTUNITIES FUND, L.P.
Reel/Frame 038488/0675 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Oct 1, 2012
From: PRESENTATION SPECIALIST TECHNOLOGIES, LLC
To: CLEAR WITH COMPUTERS, LLC
Reel/Frame 029053/0651 →
CHANGE OF NAME Recorded Apr 30, 2008
From: CONSTELLATION IP, LLC
To: PRESENTATION SPECIALIST TECHNOLOGIES, LLC
Reel/Frame 020882/0624 →
MERGER Recorded Feb 14, 2006
From: CAELUN IP, LLC
To: CONSTELLATION IP, LLC
Reel/Frame 017164/0322 →
MERGER Recorded Feb 14, 2006
From: CAELUM IP, LLC
To: CONSTELLATION IP, LLC
Reel/Frame 017164/0350 →
RELEASE Recorded Nov 12, 2004
From: GREYROCK CAPITAL, A DIVISION OF BANC OF AMERICA COMMERCIAL FINANCE CORPORATION (FORMERLY KNOWN AS GREYROCK BUSINESS CREDIT, A DIVISION OF NATIONSCREDIT COMMERCIAL CORPORATION)
To: FIREPOND, INC. (FORMERLY KNOWN AS CWC INCORPORATED)
Reel/Frame 015348/0964 →
CORRECTIVE ASSIGNMENT TO CORRECT THE NUNC PRO TUNC ASSIGNMENT TO CORRECT THE EFFECTIVE DATE TO BE 01/28/2004 RATHER THAN 01/23/2004 AS PREVIOUSLY RECORDED ON REEL 015041 FRAME 0444. ASSIGNOR(S) HEREBY CONFIRMS THE OTHER DETAILS OF THE ASSIGNMENT DOCUMENT TO BE CORRECT. Recorded Nov 8, 2004
From: FIREPOND, INC.
To: ORION IP, LLC
Reel/Frame 015342/0438 →
CORRECTIVE ASSIGNMENT TO CORRECT THE ASSIGNMENT EFFECTIVE 08/30/2004 TO REMOVE INCORRECT APPLICATION NUMBER 10/879,070 FROM COVERSHEET AND ASSIGNMENT DOCUMENT PREVIOUSLY RECORDED ON REEL 015060 FRAME 0952. ASSIGNOR(S) HEREBY CONFIRMS THE NEW ASSIGNMENT DOCUMENT ATTACHED HERETO CORRECTLY IDENTIFIES PATENT APPLICATION NO. 08/879,070 AS THE APPLICATION BEING ASSIGNED. Recorded Sep 1, 2004
From: ORION IP, LLC
To: CAELUM IP, LLC
Reel/Frame 015062/0751 →
NUNC PRO TUNC ASSIGNMENT Recorded Aug 26, 2004
From: FIREPOND, INC.
To: ORION IP, LLC
Reel/Frame 015041/0444 →
CHANGE OF NAME Recorded Aug 17, 2004
From: CWC INCORPORATED
To: FIREPOND, INC.
Reel/Frame 014995/0496 →
CHANGE OF NAME Recorded Aug 17, 2004
From: CLEAR WITH COMPUTERS, INC.
To: CWC INCORPORATED
Reel/Frame 014995/0478 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Mar 8, 2004
From: FIREPOND, INC., (PREVIOUSLY KNOWN AS CWC, INC., AND CLEAR WITH COMPUTERS, INC.)
To: ORION IP, LLC, DE LIMITED LIABILITY COMPANY
Reel/Frame 015108/0321 →
SECURITY AGREEMENT Recorded Nov 12, 1998
From: CWC INCORPORATED
To: GREYROCK BUSINESS CREDIT, A DIVISION OF NATIONSCREDIT COMMERCIAL CORPORATION
Reel/Frame 009570/0223 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Jun 19, 1997
From: JOHNSON, JEROME D.; LUNDBERG, DAVID R.; MEHR, DALE A.
To: CLEAR WITH COMPUTERS, INC.
Reel/Frame 008614/0384 →