Patent ID: 8660932
Filing Date: 2014-02-25
Classification: G06Q

Abstract:
1. A computer-implemented method for generating an order for a product in an auction in an internal auction system using an internal auction application, comprising: creating, by the internal auction application executing on a processor, the auction for a quantity of the product in response to communication with a seller's business information management system that serves as a backend system to the internal auction application, wherein the internal auction application is a component based multi-tier application; reserving, by the internal auction application executing on the processor, the quantity of the product in an inventory database of the seller's business information management system for at least the duration of the auction, wherein the reservation in the inventory database is done as a function in the internal auction application; publishing, by the processor, the auction for the product on a seller's e-commerce site that serves as a front end system to the internal auction application; determining, by the processor, a closed auction status indicating whether a winning bidder is determined; generating, by the internal auction application executing on the processor, an order for the reserved product in the seller's business information management system in response to the closed auction status; performing, by the internal auction application executing on the processor, a checkout process for the auction, wherein the winning bidder provides at least one of an order modification and an order data item through the internal auction application to the seller's business information management system; and releasing, by the internal auction application, the order to be processed by the seller's business information management system.