Product matching algorithm for cooperative commerce model

Authors:
Sang Hyun Choi;Kwan Hee Han;Gun Hoon Lim
Affiliations:
Department of Industrial & Systems Engineering, Engineering Research Institute, Gyeongsang National University, Jinju, Korea;Department of Industrial & Systems Engineering, Engineering Research Institute, Gyeongsang National University, Jinju, Korea;Department of Industrial & Systems Engineering, Engineering Research Institute, Gyeongsang National University, Jinju, Korea
Venue:
ACACOS'11 Proceedings of the 10th WSEAS international conference on Applied computer and applied computational science
Year:
2011

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Abstract

This paper suggests a cooperative commerce model under the situation that a purchaser residence area is different from a receiver's one. The cooperative companies can integrate their business processes for sales and delivery using the product taxonomy table. We also suggest a product matching algorithm to compose the product taxonomy table. Using the algorithm we can get utility values of two companies' products within a same category and find similar products with about the same utility values. The main idea of the proposed algorithm is to find the utility range of products in a product class of the companies and register them as exchangeable similar products. The companies then allow consumer to shop and purchase the products at their own residence site and deliver them to another sites.