Methods and systems for auto expanding vendor selection

Abstract

An example system for automatically expanding a vendor selection cycle for fulfillment of a requested product or service can include a processor, a user interface, and a database. The database can store a plurality of vendors characterized by one or more vendor characteristics. The processor can be configured to associate the requested product or service with a plurality of order characteristics, compare the one or more vendor characteristics for each of the plurality of vendors with the plurality of order characteristics, and filter the plurality of vendors to yield a set of viable vendors according to the comparison. The processor can also rank the set of viable vendors, send order requests based on the ranking, and automatically expand the list based on whether the order is fulfilled within a pre-determined period of time.

Description

CROSS-REFERENCE TO RELATED APPLICATIONS[0001]This application is a continuation of U.S. application Ser. No. 14 / 858,576, filed on Sep. 18, 2015, and entitled “METHODS AND SYSTEMS FOR AUTO EXPANDING VENDOR SELECTION,” which in turn claims the benefit of U.S. Provisional Application Ser. No. 62 / 052,962, filed on Sep. 19, 2014, and entitled “METHODS AND SYSTEMS FOR AUTO EXPANDING VENDOR SELECTION,” both of which are hereby incorporated by reference in their entirety.BACKGROUND OF THE INVENTIONField of the Technology[0002]The vendor selection system described herein provides methods and systems for automatically selecting vendors of goods and / or services based on pre-selected and / or editable criteria provided by a user of the system. More specifically, the present disclosure relates to automatically expanding the field of viable vendors in consideration of elapsed time from placing an order request and vendor filtering according to order characteristics and vendor characteristics.Backgr...

AI Technical Summary

Benefits of technology

The system effectively selects suitable vendors by matching user criteria, prioritizing timely order completion and adapting to changing vendor availability, thereby improving the efficiency of vendor selection processes.

Problems solved by technology

While computer-implemented systems for vendor selection exist, these systems lack contain functionality to select a vendor based on specific user criteria or feedback.

For example, these computer-implemented systems are not easy to customize, and often apply the same methodology for vendor selection without regard to the type of product being ordered or the preferences of the system user who places the order.

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