Patent №
US 7,613,626
Granted
2009-11-03
Filed 2005
Owner
VENDAVO, INC.
Lab
—
AI components
2
planning · evo
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
11193314
The present invention presents systems and methods of future-pricing in an integrated price management system. The invention provides a method of maintaining at least one deal with a lowest price status for at least one product in the price management system by inputting a proposed price for product; searching the price management system for deals having the product with the lowest price status; defining a current lowest price as equal to the price of the product; and, if said proposed price is less than said current lowest price, then computing a potential revenue impact of lowering the price of said product to the proposed price.
AI classification
Ownership
VENDAVO, INC.
assignment · 171930905
Assignors
MUNIGANTI, VINAY K., RAGHUPATHY, SRI, LEE, SIMON C., GONZALEZ-CALONI, RAFAEL A.
On an employer assignment, the assignors are typically the inventors.