Abstract: A system and method for processing particulars of a transaction over a network. The system comprises a supply chain tracking module for receiving supply chain event data from at least one supply chain monitor, the supply chain data relating to the condition or location of an item along a supply chain. The system also comprises a term and requirements module for receiving initial terms and requirements associated with the transaction and for generating modified terms and requirements based on supply chain event data and on at least one value algorithm, the modified terms and requirements being generated while the item is still in the supply chain.

Abstract: A cost estimation system estimates the cost of supplying parts to a manufacturing facility. The system comprises a first database for storing cost information for various supply methods including air freight, ocean freight, land freight, warehouse storage, plant storage and material handling costs. A user selects a supply method for the parts, and has the option to select a percentage of one type of transportation and a percentage of an alternate type of transportation to serve as a back-up. A user also enters delivery frequency data indicating one or more frequencies of delivery to base a cost estimation. A computer processor then estimates the cost of supplying the parts at the one or more frequencies of delivery and the selected supply method. Finally, the cost estimates are presented to a user.