It is a patented method to reduce the procured costs of goods and services
The U.S. Patent Office awarded Business Method Patent No. 7,451,106 to e-LYNXX Corporation on November 11, 2008. Called The Gindlesperger Method in honor of its inventor, e-LYNXX Chairman William Gindlesperger, the business method patent applies to all organizations that buy specification-defined goods and services and to their third party procurement and system providers.

The business method patent covers any computer-operated system for procuring specification-defined goods or services that matches supplier attributes with project specifications to identify qualified suppliers, disseminates a solicitation to at least two identified suppliers and receives a bid response. The Gindlesperger Method can be utilized to sharply reduce procured costs in any industry or area of spend management that involves specification-defined goods and services.

e-LYNXX Corporation has successfully used The Gindlesperger Method in the commercial print industry since 1998 and reduced the procured print spend of its clients by an average of 42%. Through its Procurement Patent Licensing division, e-LYNXX now offers all buyers, suppliers and service providers the ability to license and apply this revolutionary purchasing method.

e-Procurement systems have streamlined purchasing processes and allowed organizations to reduce associated soft costs. By licensing and applying The Gindlesperger Method, these same organizations now have the opportunity to advance their e-procurement to a new level and dramatically reduce measurable hard costs of goods and services.