WO2004049125A3 - Configurable pricing optimization system - Google Patents

Configurable pricing optimization system Download PDF

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Publication number
WO2004049125A3
WO2004049125A3 PCT/US2003/037601 US0337601W WO2004049125A3 WO 2004049125 A3 WO2004049125 A3 WO 2004049125A3 US 0337601 W US0337601 W US 0337601W WO 2004049125 A3 WO2004049125 A3 WO 2004049125A3
Authority
WO
WIPO (PCT)
Prior art keywords
pricing
user
changes
modify
user interface
Prior art date
Application number
PCT/US2003/037601
Other languages
French (fr)
Other versions
WO2004049125A2 (en
Inventor
Mark Cooke
Original Assignee
Manugistics Atlanta Inc
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Manugistics Atlanta Inc filed Critical Manugistics Atlanta Inc
Priority to AU2003293018A priority Critical patent/AU2003293018A1/en
Publication of WO2004049125A2 publication Critical patent/WO2004049125A2/en
Publication of WO2004049125A3 publication Critical patent/WO2004049125A3/en

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Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q30/00—Commerce
    • G06Q30/06—Buying, selling or leasing transactions

Abstract

The present invention provides a configurable pricing system (100) that allows users to define or modify data used to analyze, evaluate (800), improve, and design pricing changes according to the user's need. A Graphical user interface or some other type of user interface allows the user to access (220) and review various data to be used during pricing optimization (1100). The user may then modify this data as needed to improve the pricing evaluation (800), such as defining sales or pricing trends, or relationships between the product of interest and other competing items. The user interface may further display changes in pricing and the effects of the pricing changes, as caused by the user's changes. The interface may also allow the user to modify the mathematical model to be used during price optimization (1100), as well as define variables, constraints (900), and boundaries to be considered during the price optimization (1100).
PCT/US2003/037601 2002-11-26 2003-11-26 Configurable pricing optimization system WO2004049125A2 (en)

Priority Applications (1)

Application Number Priority Date Filing Date Title
AU2003293018A AU2003293018A1 (en) 2002-11-26 2003-11-26 Configurable pricing optimization system

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US42891202P 2002-11-26 2002-11-26
US60/428,912 2002-11-26

Publications (2)

Publication Number Publication Date
WO2004049125A2 WO2004049125A2 (en) 2004-06-10
WO2004049125A3 true WO2004049125A3 (en) 2004-08-05

Family

ID=32393484

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2003/037601 WO2004049125A2 (en) 2002-11-26 2003-11-26 Configurable pricing optimization system

Country Status (2)

Country Link
AU (1) AU2003293018A1 (en)
WO (1) WO2004049125A2 (en)

Families Citing this family (1)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US10783287B2 (en) 2017-06-14 2020-09-22 International Business Machines Corporation Employing natural language processing to facilitate geospatial analysis

Citations (9)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US5752238A (en) * 1994-11-03 1998-05-12 Intel Corporation Consumer-driven electronic information pricing mechanism
US5873069A (en) * 1995-10-13 1999-02-16 American Tv & Appliance Of Madison, Inc. System and method for automatic updating and display of retail prices
US5878400A (en) * 1996-06-17 1999-03-02 Trilogy Development Group, Inc. Method and apparatus for pricing products in multi-level product and organizational groups
US5970470A (en) * 1997-07-08 1999-10-19 Walker Asset Management Limited Partnership System and method for establishing and managing subscription purchase agreements including commitments to purchase goods over time at agreed upon prices
US6044357A (en) * 1998-05-05 2000-03-28 International Business Machines Corporation Modeling a multifunctional firm operating in a competitive market with multiple brands
US6061691A (en) * 1998-08-31 2000-05-09 Maxagrid International, Inc. Method and system for inventory management
US6085164A (en) * 1993-09-15 2000-07-04 Sabre Inc. Apparatus and method of allocating flight inventory resources based on the current market value
US6094641A (en) * 1997-05-21 2000-07-25 Khimetrics, Inc. Method for incorporating psychological effects into demand models
US6223163B1 (en) * 1997-03-21 2001-04-24 Walker Digital, Llc Method and apparatus for controlling offers that are provided at a point-of-sale terminal

Patent Citations (9)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US6085164A (en) * 1993-09-15 2000-07-04 Sabre Inc. Apparatus and method of allocating flight inventory resources based on the current market value
US5752238A (en) * 1994-11-03 1998-05-12 Intel Corporation Consumer-driven electronic information pricing mechanism
US5873069A (en) * 1995-10-13 1999-02-16 American Tv & Appliance Of Madison, Inc. System and method for automatic updating and display of retail prices
US5878400A (en) * 1996-06-17 1999-03-02 Trilogy Development Group, Inc. Method and apparatus for pricing products in multi-level product and organizational groups
US6223163B1 (en) * 1997-03-21 2001-04-24 Walker Digital, Llc Method and apparatus for controlling offers that are provided at a point-of-sale terminal
US6094641A (en) * 1997-05-21 2000-07-25 Khimetrics, Inc. Method for incorporating psychological effects into demand models
US5970470A (en) * 1997-07-08 1999-10-19 Walker Asset Management Limited Partnership System and method for establishing and managing subscription purchase agreements including commitments to purchase goods over time at agreed upon prices
US6044357A (en) * 1998-05-05 2000-03-28 International Business Machines Corporation Modeling a multifunctional firm operating in a competitive market with multiple brands
US6061691A (en) * 1998-08-31 2000-05-09 Maxagrid International, Inc. Method and system for inventory management

Non-Patent Citations (1)

* Cited by examiner, † Cited by third party
Title
FRIEDMAN D.D.: "Price theory: an intermediate text", 1990, SOUTH-WESTERN PUBLISHING CO., pages: 1 - 592, XP002978374 *

Also Published As

Publication number Publication date
AU2003293018A1 (en) 2004-06-18
WO2004049125A2 (en) 2004-06-10
AU2003293018A8 (en) 2004-06-18

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