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14 results about "Request for quotation" patented technology

A request for quotation (RfQ) is a business process in which a company or public entity requests a quote from a supplier for the purchase of specific products or services. RfQ generally means the same thing as Call for bids (CfB) and Invitation for bid (IfB).

Method and system for generating a bill of materials and a corresponding bill of processes for a product

PendingUS20260065309A1Market predictionsBiological modelsRequest for quotationSoftware system
For generating a bill of materials and a corresponding bill of processes for a product, a natural language processing module maps at least one document specifying a product into a latent representation, which is an embedding in latent space. A bill of materials generator receives the latent representation as input and generates a bill of materials for the product. A user interface detects user interactions with the generated bill of materials and creates a curated bill of materials depending on the user interactions. A bill of processes generator receives the latent representation and the curated bill of materials as input and constructs a bill of processes for the product. The method and system, or at least some of their embodiments, provide semi-automatic generation of the bill of materials and bill of processes for a product, using an AI engine. Compared to manually setting up a bill of materials and / or bill of processes within a software-system, the approach of using AI for generating this information can significantly speed up the process of calculating costs and sustainability values of a product. In this way the time from request for quotation until submitting the actual offer can be lowered significantly.
Owner:SIEMENS AG

Method and system for artificial intelligence based enhancement of sale processes

ActiveUS12579576B2FinanceMachine learningRequest for quotationGraphical user interface
The method includes: receiving a communication that relates to a request for a price quote for at least one equity derivative product; extracting from the communication, attributes of the requested price quote for the at least one equity derivative product; generating based on the extracted attributes, a template request that has a predetermined format for each of the at least one equity derivative product; displaying, via a graphical user interface (GUI), each template request for review by a user, wherein the GUI includes an input mechanism for at least one of accepting and modifying each template request; transmitting each reviewed template request to a pricing system; receiving, from the pricing system, a quote for each of the at least one equity derivative product; and displaying, by the GUI, the price quote.
Owner:JPMORGAN CHASE BANK NA

Quotation support system

PendingJP2026020117ACommerceRequest for quotationSupporting system
To provide a technology for improving the degree of freedom of an enterpriser to be introduced while reducing labor and time when requesting a predetermined business to the enterpriser.SOLUTION: In the estimation support system 1, after an estimation request related to a predetermined task is received from a customer (arrow A), estimation results from one or more companies capable of performing the task can be aggregated into a list and returned (arrow B). As a result, even if the customer does not grasp what kind of business operator exists and what kind of business content can be executed by the business operator, the customer can view the quotation result of each business operator, and thus it is possible to easily determine a business operator to be a request destination without increasing time and effort even if there are many business operators to be candidates.SELECTED DRAWING: Figure 7
Owner:株式会社LIBERO

System

PendingJP2026030455ABuying/selling/leasing transactionsRequest for quotationIndustrial engineering
A system is provided.SOLUTION: A system comprising: database means for accumulating and storing past estimate data; means for receiving an input condition of a printed matter; means for generating a rough estimate of each printing company based on the condition of the printed matter; means for generating a comparison table for comparing the generated rough estimates; means for providing the generated comparison table to a user terminal; means for selecting a final printing company; and means for requesting a formal estimate to the selected printing company.SELECTED DRAWING: Figure 1
Owner:SOFTBANK GROUP CORP

Dynamic offer selection system

ActiveUS12586109B2CommerceData feedRequest for quotation
Aspects of a dynamic offer system are described. In one example, a method involves receiving a data feed of offer data, generating a set of current offers in a database using a set of offer rules and the data feed, receiving merchant configuration data associated with a merchant portal, and dynamically selecting current merchant offers from the set of current offers in the database using the merchant configuration data. A request is received for the current merchant offers, where when the request for the current merchant offers is received from a customer device, the request includes dynamic customer data customized based on user selections, one or more offers of the current merchant offers based on the dynamic customer data are dynamically selected, and a transaction between the customer device and the merchant portal associated with the one or more offers dynamically selected by the computing device is facilitated.
Owner:SYNCHRONY BANK

Method and system for dynamic request for quotation pricing using proportional-integral-derivative control with Bayesian optimization

ActiveUS12561741B2FinanceProportional integral differentialRequest for quotation
A method and a system for dynamic request for quotation (RFQ) pricing using proportional-integral-derivative (PID) control with Bayesian optimization in order to determine an optimal linear state-feedback controller for tracking a metric are provided. The method includes: receiving bid price information and ask price information that relates to a financial instrument; selecting a metric to be used in conjunction with a determination of an RFQ price with respect to the financial instrument; estimating an output of a PID controller based on a predetermined function of the metric; adjusting the estimate by using a Bayesian optimization process; and using the PID controller, the adjusted estimate, the bid price information, and the ask price information to determine the RFQ price.
Owner:JPMORGAN CHASE BANK NA

Automating quality control of quotes using integrated programmatic and specialized guided and constrained artificial intelligence

The system and method for guiding an Artificial Intelligence (AI) engine to automate the quality control process for generating quotes. The quote generation process involves receiving quote requests from a customer relationship management (CRM) system or a data structure entry point. Moreover, retrieving quote data associated with the quote request from data sources, including a CRM platform, via application programming interfaces (APIs) triggered by the submission of the quote request. Furthermore, the prompts are generated by a prompt generator to guide the AI engine in validating the retrieved quote data. The prompts are then transferred to the AI engine for validation, a process that involves analyzing the quote data against predefined rules and conditions, such as price structures, terms, and conditions. Subsequently, a quality control result is generated based on the validation, indicating whether the quote passes or fails the validation process.
Owner:TRILOGY ENTERPRISES INC

Systems, methods, and software for generating, customizing, and automatedly e-mailing a request for quotation for fabricating a computer-modeled structure from within a CAD program

ActiveUS12524791B2CommerceRequest for quotationSoftware engineering
In an exemplary embodiment, software made in accordance with the present invention generates a request for quote (RFQ) based on user-provided information, presents a user interface allowing a user to customize the RFQ, generates an e-mail including the RFQ, and sends the e-mail to one or more suppliers. Various corresponding and related systems, methods, and software are described.
Owner:DESPREZ LLC

Automatic batch quotation method and device for plant seedling list

PendingCN121921087ADigital data information retrievalOffice automationRequest for quotationSeedling
The invention discloses a plant nursery stock list automatic batch quotation method and device, and the method comprises the steps: responding to a quotation request operation of a plant nursery stock list file, presenting a quotation corresponding to the nursery stock list file in a display interface, and after the quotation request operation of the plant nursery stock list file is responded, displaying the quotation corresponding to the plant nursery stock list file. Before the quotation corresponding to the nursery stock list file is presented, the method comprises the following steps: extracting preset dimension information in the nursery stock list file, and determining the quotation based on specified information of the preset dimension information. In this way, the one-key quotation effect is achieved, and quotation is more efficient.
Owner:HANGZHOU LVTU INFORMATION TECH CO LTD

Method and system for generating a bill of materials and a corresponding work plan list for a product

To generate a bill of materials (BOM) and a corresponding routing list for a product, a natural language processing module (NLP-M) maps at least one product-specifying document into a latent representation (LR), which is embedded in the latent space. A BOM generator (BOM-G) receives the latent representation (LR) as input and generates a BOM (BOM-TR) for the product. A user interface (UI) captures user interactions with the generated BOM (BOM-TR) and creates a curated BOM (BOM-C) based on these interactions. A routing list generator (BOP-G) receives the latent representation (LR) and the curated BOM (BOM-C) as input and constructs a routing list (BOP-DAG) for the product.The method and the system, or at least some of their embodiments, provide for the semi-automatic generation of the bill of materials (BOM) and the work plan for a product using an AI engine. Compared to manually creating a BOM and / or a work plan within a software system, using AI to generate this information can significantly accelerate the process of calculating a product's costs and sustainability values. This can substantially reduce the time from request for quotation to the submission of the actual quotation.
Owner:SIEMENS AG

Business support device, business support program, and business support system

PCT designated stageWO2026140736A1Request for quotationKnowledge management
This business support device 100 comprises: a client selection unit 164 that acquires a region to be visited by a person in charge of business, and selects a client to be visited by the person in charge of business from among clients located in the region on the basis of a business status, which indicates a stage of a business process of the client, or quotation information indicating a request status of a quotation for a product for the client; and a client information output unit 167 that outputs the business status or the quotation information of the client together with identification information about the client selected by the client selection unit 164.
Owner:LIXIL CORP

Method and system for dynamic request for quotation pricing using reinforcement learning and symbolic regression

ActiveUS12682397B2Request for quotationAlgorithm
A method and a system for dynamic request for quotation (RFQ) pricing using reinforcement learning and symbolic regression in order to obtain a pseudo-optimal nonlinear state-feedback controller for tracking a metric with increased interpretability are provided. The method includes: receiving bid price information and ask price information that relates to a financial instrument; selecting a metric to be used in conjunction with a determination of an RFQ price with respect to the financial instrument; formulating a Markov Decision Process (MDP) that relates to the determination of the RFQ price; using the MDP to define an RFQ pricing controller with respect to the metric; applying a reinforcement learning algorithm in order to tune a behavior of the RFQ pricing controller with respect to the metric; and using the RFQ pricing controller, the first information, and the second information to determine the RFQ price.
Owner:JPMORGAN CHASE BANK NA

Estimate management device, estimate management method, and estimate management program

PendingJP2026004148ACommerceManufacturing computing systemsRequest for quotationCustomer representative
To provide an estimation management device, an estimation management method and an estimation management program for automatically making an estimation answer to estimation request data received from a customer, and for notifying a person in charge of its own company of an alert when stock is insufficient, or it is necessary to arrange a maker.SOLUTION: When the status of the product is "not available for allocation" or "available for allocation", estimate reply data in which a blank estimate amount and a remark indicating that a manufacturer is being inquired are set is transmitted to the person in charge of the customer, and an estimate reply notification in which an alert indicating that the status of the product is "not available for allocation" or "available for allocation" is set is transmitted to the person in charge of the company.SELECTED DRAWING: Figure 2
Owner:OBIC CO LTD