Richard J Solar, Jr

Title: Richard J Solar, Jr: Innovator in Online Sales and Business Object Frameworks

Introduction

Richard J Solar, Jr. is an accomplished inventor based in Phoenix, AZ (US). He holds 2 patents that showcase his innovative contributions to online sales systems and business object frameworks. His work has significantly impacted how businesses operate in the digital landscape.

Latest Patents

One of Richard's latest patents is a method and system for online sales and purchases. This invention introduces an internet-based commercial network that connects multiple qualified participant buyers and sellers. Items are made available for defined periods, referred to as events. The event terms and conditions encompass item types, price, quantity, volume or units, discounts, and shipping terms. The system allows for reiterative offers and counteroffers, enabling negotiation of terms for an event. Participants can view anonymous competitive quotes for comparison and analysis, and pooled purchases and auctions are envisioned. Additionally, participants may create web presences and are subject to restrictions on access and purchase authority. A central system maintains participant data.

Another significant patent by Richard involves building business objects and business software applications using dynamic object definitions of ingrediential objects. This method provides an open and extensible object definition framework that manages business object definitions as specifications. The framework can dynamically define any object processed by a computer, including properties, classifications, knowledge, business objects, and business rules. Typical business objects include business and social entities, locations, activities, items, and business records.

Career Highlights

Throughout his career, Richard has worked with various companies, including Intesource, Inc. His innovative approaches have contributed to advancements in online commerce and business management systems.

Collaborations

Richard has collaborated with notable individuals such as Miles D Burke and Oren L Davis, further enhancing his contributions to the field.

Conclusion

Richard J Solar, Jr. is a notable inventor whose work in online sales systems and business object frameworks has made a significant impact on the industry. His patents reflect a commitment to innovation and efficiency in business processes.