Patent ID: 7412407

Claim:
A method for electronically publishing a single organization's requirements in an electronic publication that provides vendors with information needed to do business with the organization and that can create individual lines of communication between the organization and the vendors, wherein the method reduces an amount of paperwork and time required for the organization to conduct business transactions with the vendors over traditional methods, the present method comprising the steps of: categorizing the single organization's requirements into categories that are easily recognizable to the vendors, wherein each category includes one or more items required by the organization, and further wherein each item is a product or service required by the organization; electronically publishing the single organization's requirements in a publication that is dedicated to the organization, wherein each item within the categories includes a name, a description, a contact person and one or more relevant dates, wherein a name of the contact person is presented as a hyperlink to an e-mail account of the contact person; posting all forms and information necessary for the vendors to conduct business with the single organization, including a request for information form, a quotes form and a proposals form, in a format that allows editing of the forms by the vendors and submission of an edited form to the organization electronically; and, creating a registration section that allows the vendors to register with the single organization, wherein after registration the vendors can receive electronic notifications concerning any item specified by the vendors during registration; wherein the organization's requirements, the forms and information necessary to conduct business with the organization, and the registration section are included in the electronic publication.