Being awarded this patent is an important step in 1st Pricing's plan to streamline the building material supply chain for the entire building industry
Signal Hill, CA (PRWEB) December 17, 2007
1st Pricing, a Southern California-based eCommerce and Technology Company, has announced that the United States Patent and Trademark Office has issued the Company a "Notice of Allowance" based on their automated pricing technology application for Computer Aided Drawing (CAD) programs. A "Notice of Allowance" is the immediate precursor to the issuance of a patent where the application is approved but not yet issued.
"Being awarded this patent is an important step in 1st Pricing's plan to streamline the building material supply chain for the entire building industry," said Douglas Lopez, Founder of 1st Pricing. "Imagine passing an automatically generated bill of materials, complete with comparative, line-item pricing for real-world products through the entire supply chain process without ever having to re-type the data and virtually eliminating errors. At its core, it is a search engine specifically designed for CAD that is a closed-loop supply chain solution that searches for specified building materials originating from the architect's desktop."
With the click of a button, the 1st Pricing technology accesses an internet portal and pulls comparison pricing of multiple brands to fill out a detailed bill of materials with all related content on demand. At the same time, an online shopping cart is created for easy fulfillment from a local material distributor based on the project zip code. Changes and updates are made within seconds so that everyone is on the same page. Today, the Company is focused on building materials for residential construction but plans to add commercial building products in the future. In the CAD industry, the supply chain component is often referred to as the "fifth dimension of CAD" or 5D.
"Our technology transforms a set of plans from an interpretive document to a declarative statement," adds Thomas Kemp of 1st Pricing. "By adding multiple brand solutions from local suppliers to precise architectural specifications, we are empowering the homeowner and their contractor with a number of fulfillment choices complete with delivered-to-the-jobsite pricing."
About Building Information Modeling - BIM
Building Information Modeling or BIM is transforming the design and building industry by improving the design objects to include precise attributes for each building object within a design. Called "Smart Objects," create a model of interrelated building objects as opposed to a collection of lines and pictures. The interoperability benefit allows the simple passing of data between involved parties during the design phase, the building phase and the ongoing building management.
About 1st Pricing
1st Pricing currently offers free plug-ins for users of AutoCAD® and TurboCAD®. Plug-ins for AutoCAD® Architecture and Graphisoft's ArchiCAD® are currently in beta and are expected to be released in the first quarter of 2008. More platforms will be released during 2008. The 1st Pricing technology was initially released in TurboCAD in 2003. See the 1st Pricing white paper on The Future of the Building Information Model 5D - Integrating Pricing and Supply Chain at the 1st Pricing website.
1st Pricing is part of California Distribution Center (CDC), a building material distribution company focusing on fenestration products. CDC Also operates 1st Windows.com - the only site on the Internet that offers instant, real-time, dynamic pricing and purchase of both replacement and new construction windows. The website, which also offers doors, skylights and acrylic glass block windows, has been online since April of 2000.
The site allows anyone, homeowner, do-it-yourselfer, architect or contractor, to get buy-it-now pricing for made-to-order windows. Not only does the site offer pricing for a specific brand, it can offer on-demand pricing for up to six brands, simultaneously, with the click of a mouse. When the order is fulfilled, the manufacturer delivers the product directly to the jobsite.