The Gindlesperger Method is a Procedural Enhancement for Your e-Procurement
Business Method Patent No. 7,451,106 is a revolutionary procurement method for obtaining the lowest competitive price for specification-defined goods and services based on open production capacity of pre-qualified suppliers.  The method can be utilized in any industry or area of spend management that involves goods and services which are ordered to precise and unique specifications and produced following the point of purchase. Examples include commercial print, construction services, direct mail, labels, machined parts, marketing materials, product packaging, temporary staffing, textiles, transportation, trucking and more.

The Gindlesperger Method can be utilized on any computer-operated system and includes the following steps:

• ENTER supplier attributes (e.g. production capabilities, location, quality and business status)
• ENTER project specifications (e.g. requirements for production, location, quality and business status)
• MATCH supplier attributes to project specifications (to determine sub-set of qualified suppliers)
• SEND project specifications to sub-set of qualified suppliers
• RECEIVE a bid response from at least one supplier

The opportunity for measurable cost reduction is enormous, since 6% to 30% of an organization's operating budget is typically spent on specification-defined goods and services. In e-commerce, The Gindlesperger Method is typically implemented through a web-based computer system provided by a licensed third-party or by the buying entity itself licensing the business method.