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12830 results about "Operations management" patented technology

Operations management is an area of management concerned with designing and controlling the process of production and redesigning business operations in the production of goods or services. It involves the responsibility of ensuring that business operations are efficient in terms of using as few resources as needed and effective in terms of meeting customer requirements. Operations management is primarily concerned with planning, organizing and supervising in the contexts of production, manufacturing or the provision of services.

Customer centric revenue management

InactiveUS20090234710A1Improve recommendationsImprove definitionMarket predictionsSpecial data processing applicationsCustomer centricSoftware
CCRM is a business method and computer software system, to be used by Enterprises selling portfolios of products / services, aiming to optimize the expected value of transactions (or contracts) with consumers or business customers. At a transaction level, CCRM estimates the probability of choice of potential offers by the customer. These offers may be presented alone with possible variation of their attributes (such as price), or in combinations / sets, or in sequences. CCRM calculates the probability of consequent conversion and realization of the sale. Probabilities of choice and conversion are forecasted based on a disaggregated customer choice model, taking into account customer characteristics and stated preferences as well as product / service attributes such as price. Offers are then scored and ranked by expected value based on their revenue, cost and choice probability. Finally, CCRM recommends which offer(s) to present to the customer, at which price(s) and in which display / sequence order, to maximize a business objective function such as the expected value of the transaction / contract.
Owner:OPEN PRICER

Systems, methods and computer program products for facilitating the sale of commodity-like goods/services

InactiveUS6965872B1Facilitating the sale of goods/servicesPrice fluctuationAdvertisementsBuying/selling/leasing transactionsComputer scienceEnd user
The invention provides systems and methods for facilitating the sale of commodity-like goods / services. The commodity-like goods / services at which the invention is directed, are of a type that are relatively indistinguishable from one brand, identity and / or outlet to another in end-use functionality and features. These types of goods / services are many times sold at retail under various brands or identities at multiple locations, to the final end user. Such goods / services may also or separately be of a type that are repeatedly purchased at intervals, and / or for which the price varies between purchases, from outlet to outlet or brand to brand. The goods / services may also be of a character such that they are not deliverable to the consumer, but require the consumer to travel to the retailer outlet. The system and methods also provide information relating to the consumers and competitors of a retailer of such goods / services. The invention establishes methods and procedures to define, organize, collect, distribute, and maintain information that can be used by the owner of a business selling commodity-like goods / services as well as by its customers. This information may include, but is not limited to, name brand of the product, location of the retailer, price of the product, other related goods / services available and their prices, and promotions. These processes may be performed and implemented on a computer network that is accessible in real time via a suitable communication device, such as a computer, wireless communication device, telephone or the like. A database of such information is created, allowing the consumer and other retailers to query the database using various search criteria. The consumer has the opportunity to obtain information about retailers of commodity-like goods / services that meet the consumer's requirements, and pricing may be guaranteed by the retailer.
Owner:GRDINA JEROME M

Financial account up-front incentives management system and method

InactiveUS20050021457A1Increased revenueEncourage and reward specific customer behaviorFinancePayment circuitsManagement systemDatabase
A system and method for incentivizing holders of financial accounts, e.g., credit card account holders, to engage in certain activities with those accounts. Account holders may be provided an up-front incentive based on a commitment to engage in certain account activities in the future. If the account holder fails to satisfy his commitment, at least a portion of the value of the incentive may be charged to a customer account. Rewards provided to an account holder to encourage particular account activities also may include merchandise rewards, discounts and rebates or entries into a lottery type drawing for prizes.
Owner:UNIVERSAL INTPROP HLDG

Utility high performance capability assessment

ActiveUS8311863B1High performance capabilityEasy to findCommerceCapacity assessmentProcess complexity
A high performance capability assessment model helps a utility industry business meet the challenges of the global marketplace. As a result, the utility industry business can achieve the clarity, consistency, and well-defined execution of core processes that reduce inefficiencies and waste that result from unnecessary process complexity and exceptions. In addition, the high performance capability assessment model helps the utility industry business to identify specific areas in which improvements may be made and understand how to make the improvements, and establishes levels of capability along the way to reaching an ultimate capability goal.
Owner:ACCENTURE GLOBAL SERVICES GMBH

Buyer-side auction dynamic pricing agent, system, method and computer program product

The present invention sets forth a system, method, and computer program product for automating an interaction between a buyer and an electronic, variable, dynamic pricing online auction service. The method can include receiving a registration of a buyer at an Internet enabled buyer bidding site, a portfolio, and account information. The method can also receive entered information about financial transaction instruments, contact information, and product preferences in an auction profile. The method can receive a search query for a desired product from product auctions of a plurality of auction sites and can use a search agent or a meta-search agent, and can provide returned auctions, including retrieving and presenting current status of product auctions. The method can receive a selection of returned auctions to store in the portfolio for tracking by scan agents and for bidding by bid proxies. The method can receive selections of product auctions of the returned auctions and place the product auctions into the portfolio for use by a cascaded bid proxy. The method can provide auction monitoring by scan agents of temporal progression of product auctions, and can notify someone via a messaging center of any changes in relevant aspects of the status that could prevent an initial bid from being placed by a bid proxy. The method can enable activation of bid proxies as an auction nears completion to begin placing bids until the auction is won or lost by auction closing and can confirm a counter-offer has not out-bid. The method can compute and execute another higher bid if a counter-offer has been made and accepted, higher than the most recent bid detected
Owner:LIFEPROXY

System, method and computer program product for contract consistency in a supply chain management framework

A system, method and computer program product are disclosed for handling contracts in a supply chain management framework. One of a plurality of contracts is selected. The selected contract template is transmitted to a supply chain participant. Data is received from supply chain participants utilizing a network. This data relates to the sale of products by the supply chain participants. The contract templates are then enforced in accordance with the data.
Owner:RESTAURANT SERVICES

Internet-based consumer product brand marketing communication system which enables manufacturers, retailers and their respective agents, and consumers to carryout product-related functions along the demand side of the retail chain in an integrated manner

An Internet-based consumer product brand marketing communication system which enables manufacturers, retailers and their respective agents, and consumers to carryout product-related functions along the demand side of the retail chain. A central RDBMS (i.e. data warehouse) stores a central database of consumer product related information resource files (IRFs) each IRF being indexed with a Universal Product Number (UPN) assigned thereto by the manufacturer of the consumer product, or its designated agent, which relates to the consumer product. A first subsystem enables a manufacturer's marketing, brand and / or product managers to create and manage a local RDBMS containing UPN-indexed IRFs related to the consumer products of the manufacturer being offered for sale in both physical and / or electronic marketplaces, and periodically transport the local RDBMS of UPN-indexed IRFs to the central RDBMS by electronic data transport techniques. The local RDBMS of UPN-indexed IRFs is selected by the manufacturer's marketing, brand and / or product managers so as to create a desired brand image for each the consumer product of the manufacturer. A second subsystem enables consumers to access one or more UPN-indexed IRFs in the central RDBMS, to request and obtain information about a manufacturer's consumer product so as to make informed / educated purchases along the demand side of the retail chain. A third subsystem enables manufacturers and their advertising and marketing agents to access one or more UPN-indexed IRFs in the central RDBMS to display consumer product advertisements to consumers, at or near the point of purchase or sale within both physical and / or electronic retail shopping environments so as to project the desired brand image to consumers. A fourth subsystem enables retailers and their marketing and promotional agents to access one or more UPN-indexed IRFs in the central RDBMS, to promote consumer products to consumers, at or near the point of purchase or sale within both physical and / or electronic retail shopping environments so as to promote the sale of such products in inventory.
Owner:PERKOWSKI THOMAS J

Internet-based consumer product brand marketing communication system which enables manufacturers, retailers and their respective agents, and consumers to carry out product-related functions along the demand side of the retail chain in an integrated manner

An Internet-based consumer product marketing, merchandising and education / information system which enables manufacturers, their agents, retailers and their agents, and consumers to carryout product-related functions along the demand side of the retail chain. A central UPN / TM / PD / URL RDBMS stores a central database of UPN / TM / PD / URL links. A first subsystem enables a manufacturer's marketing, brand and / or product managers to create and manage a local database of UPN / TM / PD / URL links related to the consumer products of the manufacturer being offered for sale in both physical and / or electronic marketplaces, and periodically transport local database of UPN / TM / PD / URL links to central UPN / TM / PD / URL RDBMS by electronic data interchange techniques. The local database of UPN / TM / PD / URL links is managed within a local UPN / TM / PD / URL RDBMS, and selected by the manufacturer's marketing, brand and / or product managers so as to create a desired brand image for each consumer product of the manufacturer. A second subsystem enables consumers to access one or more UPN / TM / PD / URL links in central UPN / TM / PD / URL RDBMS, to request and obtain information about a manufacturer's consumer product so as to make informed / educated purchases along the demand side of the retail chain. A third subsystem enables manufacturers and their advertising and marketing agents to access one or more UPN / TM / PD / URL links in central UPN / TM / PD / URL RDBMS, to display consumer product advertisements to consumers, at or near the point of purchase or sale within both physical and / or electronic retail shopping environments so as to project the desired brand image to consumers. A fourth subsystem enables retailers and their marketing and promotional agents to access one or more UPN / TM / PD / URL links in central UPN / TM / PD / URL RDBMS, to promote consumer products to consumers, at or near the point of purchase or sale within both physical and / or electronic retail shopping environments so as to promote the sale of such products in inventory.
Owner:PERKOWSKI THOMAS J

System and method for facilitating a subsidiary card account

The present invention provides a system and method for providing a flexible limit subsidiary account that may be issued by a Foreign Financial Institution. In particular, the present provides a system and method for allowing a parent to provide funds to a subsidiary and to control the spending of subsidiary or spending capacity. The card account may be issued at the request of the parent who may retain the ability to define, modify, and / or terminate the spending and / or debt accumulation limits for the subsidiary card account as well as other features as described in the attached disclosure. The system may be configured to provide the ability for parent to eliminate risks associated with fluctuations in currency exchange rates by committing to fixed automatic long-term charges at a fixed foreign exchange rate for a fixed term.
Owner:LIBERTY PEAK VENTURES LLC

Electronic funds transfer system for processing multiple currency transactions

InactiveUS20020099656A1Implemented quickly and convenientlyReduce riskFinanceCurrency conversionCredit cardMachine learning
Methods of processing electronic transfers of funds from a payer account held at a payer financial institution to a financial settlement network in a currency that may be the same as or different from the funds in the payer account, and transfers from the financial settlement network to a payee account in a currency that, again, may be the same as or different from the funds in the payee account. The transfers are initiated by payment instructions transmitted by the payer to a payment gateway that provides mappings between the payer account and at least one credit card account in a currency nominated from those currencies supported by the payer financial institution for settlement purposes. The payment gateway also provides mappings between a plurality of payment currencies and at least one acquiring account held by a payee in a currency supported by an acquiring financial institution. Foreign exchange conversions involved in the transfers may be effected by the financial institutions, by the financial settlement network, or both as required. The methods optionally provide for transfers to financial institutions that are not members of the financial settlement network by providing agent financial institutions to integrate subsidiary national clearing networks.
Owner:VCHEQ COM PTE
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