Patents by Inventor Virind S. Gujral

Virind S. Gujral has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • System and method for conducting electronic auctions with multi-parameter optimal bidding
    Patent number: 8725622
    Abstract: An auction methodology wherein the auction competition among the bidders is generated by allowing each bidder to bid for non-price bid parameters (e.g., lead time, labor rate, contract length, etc.) in addition to the price of the lot on auction. Such a multi-parameter bidding provides the buyer (i.e., the auction requester) with more diverse information when selecting the winning bidder. The buyer and each bidder participating in the electronic auction may receive a real-time feedback of the bidding activity including details on bids placed for price and non-price parameters, which allows each bidder to adjust or modify one or more of its own bids (for price and non-price bid parameters) to effectively compete in the auction.
    Type: Grant
    Filed: October 31, 2007
    Date of Patent: May 13, 2014
    Assignee: Ariba, Inc.
    Inventors: Virind S. Gujral, Tim Jackovic, Greg S. Anderson, Dan V. Pedersen, William D. Rupp, Chad Adams
  • System and method for conducting electronic auctions with multi-parameter optimal bidding
    Publication number: 20080183614
    Abstract: An auction methodology wherein the auction competition among the bidders is generated by allowing each bidder to bid for non-price bid parameters (e.g., lead time, labor rate, contract length, etc.) in addition to the price of the lot on auction. Such a multi-parameter bidding provides the buyer (i.e., the auction requester) with more diverse information when selecting the winning bidder. The buyer and each bidder participating in the electronic auction may receive a real-time feedback of the bidding activity including details on bids placed for price and non-price parameters, which allows each bidder to adjust or modify one or more of its own bids (for price and non-price bid parameters) to effectively compete in the auction.
    Type: Application
    Filed: October 31, 2007
    Publication date: July 31, 2008
    Inventors: Virind S. Gujral, Tim Jackovic, Greg S. Anderson, Dan V. Pedersen, William D. Rupp, Chad Adams
  • System and method for conducting electronic auctions with multi-parameter optimal bidding
    Publication number: 20020042769
    Abstract: An auction methodology wherein the auction competition among the bidders is generated by allowing each bidder to bid for non-price bid parameters (e.g., lead time, labor rate, contract length, etc.) in addition to the price of the lot on auction. Such a multi-parameter bidding provides the buyer (i.e., the auction requester) with more diverse information when selecting the winning bidder. The buyer and each bidder participating in the electronic auction may receive a real-time feedback of the bidding activity including details on bids placed for price and non-price parameters, which allows each bidder to adjust or modify one or more of its own bids (for price and non-price bid parameters) to effectively compete in the auction.
    Type: Application
    Filed: September 19, 2001
    Publication date: April 11, 2002
    Inventors: Virind S. Gujral, Tim Jackovic, Greg S. Anderson, Dan V. Pedersen, William D. Rupp, Chad Adams