Patent ID: 9129299
Filing Date: 2015-09-08
Classification: G06Q

Abstract:
1. A computerized system for automatically computing performance metrics for a sourcing department of a firm, the system comprising: a central computer system comprising at least one processor and at least one memory unit that stores software for execution by the at least one processor; and one or more client computers in communication with the central computer system, wherein the central computer system receives from the one or more client computers and stores in at least one database data for multiple sourcing contracts negotiated by the sourcing department, wherein the data for a sourcing contract that is received and stored by the central computer system comprise at least a new unit price for the goods/services of the sourcing contract and a new quantity for the goods/services of the sourcing contract; and wherein the at least one memory of the central computer system stores software that programs the at least one processor to: