Sign In to Follow Application
View All Documents & Correspondence

“System And Method For Supplier Identification And Locating Potential Suppliers”

Abstract: Accordingly, the present invention is a system and method for providing and locating supplier information over the internet. The present invention is a system for identifying potential supplier of goods and services comprising of; a supplier link for locating a potential goods supplier; a communication network such as internet; and a request for quotation from supplier including some criteria. The supplier is easily located and essential information of the supplier can be found easily with the help of supplier link given in the descriptive portion of the supplier website. The communication network such as internet is for communicating with the supplier and person in search of supplier. The request for quotation is asked along with criteria such as detailed information on the processes they use for preparing goods, the stability of their raw material suppliers and reasons for choosing them.

Get Free WhatsApp Updates!
Notices, Deadlines & Correspondence

Patent Information

Application #
Filing Date
14 July 2019
Publication Number
03/2021
Publication Type
INA
Invention Field
COMPUTER SCIENCE
Status
Email
ipr@optimisticip.com
Parent Application

Applicants

MESBRO TECHNOLOGIES PRIVATE LIMITED
Flat no C/904, Geomatrix Dev, Plot no 29, Sector 25, Kamothe, Raigarh-410209, Maharashtra, India

Inventors

1. Mr. Bhaskar Vijay Ajgaonkar
Flat no C/904, Geomatrix Dev, Plot no 29, Sector 25, Kamothe, Raigarh-410209, Maharashtra, India

Specification

Claims:We claim:
1. A system for identifying potential supplier of goods and services comprising of:
a. a supplier link for locating a potential goods supplier;
b. a communication network such as internet; and
c. a request for quotation from supplier including some criteria;
wherein, the potential suppliers can be located with the help of the supplier link which can be extracted with the help of the communication network such as internet facility; and a request for quotation can be processed through the communication network for identification of the suppliers.
2. The system as claimed in claim1, wherein the said supplier is easily located and essential information of the supplier can be found easily with the help of supplier link given in the descriptive portion of the supplier website.
3. The system as claimed in claim1, wherein the communication network such as internet is for communicating with the supplier and person in search of supplier.
4. The system as claimed in claim1, wherein the said request for quotation is proposed along with criteria such as detailed information on the processes they use for preparing goods, the stability of their raw material suppliers and reasons for choosing them.
5. The process for identifying potential supplier of goods and services comprising the steps of:
a. locating potential supplier related to particular goods and services;
b. selecting and activating the supplier link for a supplier of goods and services;
c. publishing requirements in trade publications;
d. communicating with the suppliers followed by approaching selected companies for proposal;
e. requesting for quotation with certain criteria;
f. prioritizing the suppliers in descending order; and
g. reviewing the scope of services offered by supplier followed by matching them with the expectations of goods.
6. The process as claimed in claim 5, wherein the prioritization of suppliers is for minimizing the amount of unnecessary calls to potential suppliers.
, Description:Technical field of the invention:
The present invention relates to selecting suppliers. The present invention particularly relates to a system and method for identifying potential supplier of goods and services to create a prioritized list of potential suppliers.
Background of the invention:
Selection of right supplier for business needs is essential in order to deliver the products and services to customers on time and with the right price with respect to quality standards. If specific supplier’s selection criteria are applied, it is possible to identify companies for fulfilling the demands of the customer.
A search engine (such as yahoo) is used to locate specific information of suppliers of a particular goods or services over the internet. Internet search engines are unable to ask questions to user for focusing his/her search. So, the users are dependent on millions of webpages for ranking websites suitable for finding particular information.
Web site designers often design their Web sites in such a way that their website appears at the top of the webpage with highest number of visitors and increasing number of hits. The search engine's algorithm assumes that any page relevant to the topic will mention the user's search term in the headline or in the first few paragraphs of the text.
A user may be successful in locating goods or services on a particular topic using a typical search engine corresponding to significant number of goods and service providers related to their areas of interest. Business persons or professionals find it difficult, laborious and time consuming to compare various suppliers and decide which supplier would best fulfill their needs. Conventional search will reveal only two or three suppliers of particular goods; it will not locate the Web sites of many other commercial suppliers of goods or services whose web sites may not achieve high ranking on a particular search engine.
The goods and service directory are available which can be easily located using a conventional search engine and accessible using a computer and the conventional search engine on the Internet. There is a need for potential goods and services suppliers’ related to particular topic as well as quick and easy navigation from any number of supplier websites so that the user can find out more detailed information. The present invention is a system and method for providing numerous links to a variety of goods and services suppliers related to particular topic while providing easy and quick navigation from any number of supplier web sites so that the user can find out more detailed information than that provided by the directory.
Objects of the invention:
Main object of the present invention is to provide a system and method for providing numerous links to a variety of goods and services suppliers related to particular topic.
Yet another object of the invention is to provide easy and quick navigation from any number of supplier web sites.
Other objects and benefits of the present invention will be more apparent from the following description, which is not intended to bind the scope of the present invention.
Summary of the invention:
Accordingly, the present invention is a system and method for providing and locating supplier information over the internet. The present invention is a system for identifying potential supplier of goods and services comprising of; a supplier link for locating a potential goods supplier; a communication network such as internet; and a request for quotation from supplier including some criteria. The supplier is easily located and essential information of the supplier can be found easily with the help of supplier link given in the descriptive portion of the supplier website. The communication network such as internet is for communicating with the supplier and person in search of supplier. The request for quotation is asked along with criteria such as detailed information on the processes they use for preparing goods, the stability of their raw material suppliers and reasons for choosing them.
Brief Description of the drawings:
Fig 1 shows the system and method for identifying and locating potential supplier.
Detailed Description of the invention:
The present invention is a system and method for locating supplier in a particular area and supplier identification on the basis of certain criteria.
In one embodiment, a system for identifying potential supplier of goods and services comprising of; a supplier link for locating a potential goods supplier; a communication network such as internet; and a request for quotation from supplier including some criteria. The supplier is easily located and essential information of the supplier can be found easily with the help of supplier link given in the descriptive portion of the supplier website. The communication network such as internet is for communicating with the supplier and person in search of supplier. The request for quotation is asked along with criteria such as detailed information on the processes they use for preparing goods, the stability of their raw material suppliers and reasons for choosing them.
In another embodiment, the process for identifying potential supplier of goods and services comprising the steps of;
a. locating potential supplier related to particular goods and services on internet;
b. publishing requirements in trade publications
c. selecting and activating the supplier link for a supplier of goods and services;
d. communicating with the suppliers followed by approaching selected companies for proposal;
e. requesting for quotation with certain criteria;
f. prioritizing the suppliers in descending order; and
g. reviewing the scope of services offered by supplier followed by matching them with the expectations.

According to the present invention, the prioritization of suppliers is for minimizing the amount of unnecessary calls to potential suppliers.
The right suppliers for your business requirements are decided on the basis of setting supplier’s criteria in order to fulfill the need of the items needed for business. Issues like lead times from receipt of your order to delivery, minimum and maximum order quantities, storage and handling facilities, specific methods of delivery, quality assurance processes, payment terms and conditions, return policy and contactable references needs to be settled in order to get the items needed for business on time. It evaluates potential suppliers for each of the listed items required for business. Methods used for finding suitable suppliers for business is by publishing your requirements in trade publications and calling for bids or approaching selected companies directly for proposals. The proposals should be reviewed and a list of recommended suppliers is sorted out in order to choose selected suppliers.
In bids, a Request for Proposal (RFP) or a Request for Quotation (RFQ) is taken which include full details of the products or services needed along with quantities, delivery dates, and quality standards identified in criteria. Suppliers should provide detailed information on the processes they use, the stability of their raw material suppliers and reasons to choose them. The scope of the services outlined in the proposal should be reviewed and considered whether they match your requirements. The contract period should be identified with each supplier. The most reliable supplier can occasionally slip up. So regular performance reviews should be conducted which will help to monitor them.

Documents

Application Documents

# Name Date
1 201921028247-STATEMENT OF UNDERTAKING (FORM 3) [14-07-2019(online)].pdf 2019-07-14
2 201921028247-POWER OF AUTHORITY [14-07-2019(online)].pdf 2019-07-14
3 201921028247-FORM FOR STARTUP [14-07-2019(online)].pdf 2019-07-14
4 201921028247-FORM FOR SMALL ENTITY(FORM-28) [14-07-2019(online)].pdf 2019-07-14
5 201921028247-FORM 1 [14-07-2019(online)].pdf 2019-07-14
6 201921028247-FIGURE OF ABSTRACT [14-07-2019(online)].jpg 2019-07-14
7 201921028247-EVIDENCE FOR REGISTRATION UNDER SSI(FORM-28) [14-07-2019(online)].pdf 2019-07-14
8 201921028247-EVIDENCE FOR REGISTRATION UNDER SSI [14-07-2019(online)].pdf 2019-07-14
9 201921028247-DRAWINGS [14-07-2019(online)].pdf 2019-07-14
10 201921028247-COMPLETE SPECIFICATION [14-07-2019(online)].pdf 2019-07-14
11 Abstract1.jpg 2019-10-18
12 201921028247-ORIGINAL UR 6(1A) FORM 26-130819.pdf 2019-11-09
13 201921028247-Proof of Right [29-11-2020(online)].pdf 2020-11-29