Invention Grant
- Patent Title: Index for assessing discount potential
- Patent Title (中): 评估折扣潜力的指数
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Application No.: US12099572Application Date: 2008-04-08
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Publication No.: US08478637B1Publication Date: 2013-07-02
- Inventor: Xuan McRae , Mathew Roland , George Fan
- Applicant: Xuan McRae , Mathew Roland , George Fan
- Applicant Address: US NY New York
- Assignee: JPMorgan Chase Bank, N.A.
- Current Assignee: JPMorgan Chase Bank, N.A.
- Current Assignee Address: US NY New York
- Agency: Lowenstein Sandler LLP
- Main IPC: G06Q40/00
- IPC: G06Q40/00 ; G06Q30/00

Abstract:
A computerized system and method of calculating a discount index value for a supplier can include receiving information related to a plurality of discount leverage factors for the supplier, calculating a discount index value for the supplier based on the information related to the discount leverage factors, receiving information related to an actual discount event for the supplier, recalculating the discount index value for the supplier based on the discount leverage factors and the information related to actual discount events, and displaying the discount index value for the supplier. The system and method can also include placing the discount index value on a discount index scale, defining a plurality of discount leverage regions on the discount index scale, and attributing a leverage value to the supplier based on the proximity of the discount index value to one of the discount leverage regions.
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