KR20040025233A - Supply Chain Management Escrow System including multi-Settlement - Google Patents

Abstract

PURPOSE: A system for escrowing and multiply settling a transaction price between supply chains is provided to effectively guarantee an article transaction by making the third person participate in a flow of the article price between a vender and a supplier through an escrow account established to a financial organization. CONSTITUTION: An escrow system connected to a host of the financial organization through an exclusive message is constructed on the web. The transaction particulars of participants participating in the article distribution are registered to the escrow system. The participants feel safe by making the participants confirm the transaction particulars. The financial organization directly receives a sale price of the article from the supply chains and manages the sale price with the escrow account. Only the transaction confirmed by all participants is settled to the participants. In case that an objection for the transaction is existed, relationship between the participants is always mediated on a third person's state by realizing a function for modifying the transaction particulars after a discussion.

Description

Supply Chain Management Escrow System including multi-Settlement}

As various forms of commerce are activated, the methods of circulation accompanying them are diversifying. Many distribution channels, such as home shopping through cable TV, home shopping through newspapers and catalog advertisements, and online shopping through the Internet, are emerging. As a result, a distribution structure has been created that consists of those who supply goods to the distribution channel (hereinafter referred to as vendor) and those who supply goods to the vendor (hereinafter referred to as supplier) in accordance with diversified distribution channels. Distribution channels are mostly dealing with vendors because of the smooth management and convenience of suppliers, and suppliers are collaborating with vendors to secure effective distribution channels. This creates a flow of goods between vendors and suppliers. However, the reality is that vendors have no room for paying their suppliers before selling them in the distribution channel. Therefore, after selling the goods in the distribution channel, the company receives the price of the goods from the distribution channel and takes the method of giving them to the supplier. However, there is always a concern that the price of the goods will be removed because there is no guarantee of the price between the vendor and the supplier. As a result, there is always a conflict between the vendor and the supplier, and a vicious cycle that causes the distribution of goods is not smooth. This situation is unreasonable in terms of rationalization of distribution. If someone else intervenes and provides a service that effectively secures the price of goods, an efficient distribution flow can be created. Doing so ensures that all participants in the distribution can effectively focus on their work. The market that adopts such vendor-supplier distribution method is worth tens of trillion won. The reality is that the government is always considering a system to protect the participants in terms of rationalization of distribution structure.

The present invention was devised to solve such a problem, and the present invention is effective by giving a third party a credibility by involving a flow of goods generated between a vendor and a supplier using an escrow account established in a financial institution. The purpose is to secure the transaction of goods.

Technically, an escrow system, which is connected to a financial institution's fund processing system (hereinafter referred to as a host), is established on the web to register transaction details of participants participating in the distribution of goods, and to confirm the transaction details. To dispel participants' concerns. The sales price of goods is directly received by financial institutions from distribution channels and managed by an escrow account to implement the operating system by paying the goods price to participants only for transactions confirmed by all participants. In case of objection to the transaction details, it implemented a function that allows the participants to revise and register the transaction details so that the interests of the participants are always arbitrated and involved from an objective third party.

It is also true that most vendors do not have a sufficient settlement system, and vendors have relationships with many suppliers. And suppliers also deal with many commodities. Thus, vendors have a costly and time-consuming inefficiency in depositing goods after deducting established fees for multiple suppliers and multiple supplies. According to the present invention, if a predetermined value is input according to the distribution of fees for each distribution channel, supplier, and supply goods that are traded from the vendor's point of view, the bank automatically setstles the deposit. By using the system of the present invention, vendors can be effectively placed in distribution by being placed in an efficient distribution channel, and can obtain a large profit by eliminating inefficiency. This, in turn, creates a virtuous cycle of distribution in which end sales affect the pricing and end users benefit.

The configuration of the present invention is composed of an escrow operation system connected with a host of a financial institution. The escrow system connected to the host is composed of a dedicated message for information about the transaction through the system in which the security network is established. The special text consists of a system that receives input information on the financial information of the trading participants and confirmation signals of the participants on the transaction details.

The escrow operation system includes certification procedures such as verifying the real name of the participant and the real name of the deposit account. In order to generate a transaction history, it is composed of a function of automatically receiving a transaction history from a distribution channel or a function of generating a transaction history by receiving a transaction history from a vendor. Participants, namely vendors and suppliers, include the ability to view transaction details. The escrow system includes a function that does not settle the price of goods unless both the vendor and the supplier agree on a transaction. It also includes a correction and consensus function that can be reached if there is a dispute about the transaction details.

The present invention includes a virtual account system used to receive payments from various distribution channels. The virtual account system assigns a unique number to each distribution channel, making it possible to effectively settle deposits from many distribution channels with which a vendor trades. The virtual account system automatically checks online, eliminating the need to check the remittance destination offline.

As described above, the present invention provides profits to all participants by providing safe and efficient flow management of transactions to all participants participating in the distribution structure, and ultimately, profits can be returned to consumers by rationalizing commerce. It has the effect of being.

By using the system and service according to the present invention, a vendor can distribute a lot of various items with a small amount of money, and a supplier can supply more goods to distribution channels through a vendor and generate more sales. . In addition, the distribution channel will be able to resolve conflicts between vendors and suppliers, thereby ensuring a stable supply system.

Claims (7)

It consists of an escrow system and a service method that securely manages the flow of commodity flows through distribution channels, vendors and suppliers using an escrow account of a financial institution. A method of obtaining objectivity of a transaction price by receiving a transaction history from a distribution channel, generating a transaction history, and confirming the result by a vendor and a supplier. How to automatically collect deposits by assigning unique virtual accounts for each distribution channel and vendor to receive payments from distribution channels into escrow accounts of financial institutions The method of claim 2, wherein a participant in a transaction, that is, a vendor and a supplier, can agree and modify the transaction. When all participants check the transaction details, financial institutions automatically settle the data according to various fee systems by vendor and supplier. How to automatically generate the settlement details by entering the values of various suppliers and supplies depending on the vendor How to generate transaction details by supplier and goods by sales history provided by vendor