Next Step
Business method patent 7,451,106 applies to all organizations that buy specification-defined goods and services and to their third party procurement and system providers. C-level executives, procurement and supply chain leaders will benefit from business and operational improvements by utilizing The Gindlesperger Method.
Business Benefits
- Obtain lowest competitive pricing based on available production capacity
- Reduce hard costs of procured goods and services
- Shrink expense in major categories
Operational Benefits
- Leverage existing system investments
- Standardize competitive process
- Objectify supplier selection
- Remove cost reduction inhibitors
Key decision makers have a fiduciary responsibility to their organizations and shareholders to ensure that a licensing agreement is in place in order to use this patented method through internal systems or those provided by third-parties.
Required Next Steps
- Work with cooperative licensor
- Structure beneficial arrangement
- Obtain license for procurement