Graphical user interface for procurement risk management system
First Claim
1. A procurement risk management system comprising a graphical user interface operable to:
- receive inputs specifying forecast scenarios for demand, price, and availability for a resource in respective forecast scenario windows;
receive inputs specifying one or more forward contracts in a sourcing portfolio for procuring the resource from respective suppliers in respective sourcing option windows; and
report one or more metrics for evaluating the sourcing portfolio.
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Abstract
Systems and methods for managing procurement risk are described. In accordance with a procurement risk management method, a resource sourcing mix is computed from a sourcing portfolio of one or more forward contracts, spot market purchases, and inventory depletion for each period of a planning horizon based on forecast scenarios for resource demand, resource price, and resource availability and a specified inventory carrying policy for the resource. Based upon the computed resource sourcing mix, one or more metrics for evaluating the sourcing portfolio are computed. A system and a computer program implementing the above-described procurement risk management method also are described.
124 Citations
51 Claims
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1. A procurement risk management system comprising a graphical user interface operable to:
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receive inputs specifying forecast scenarios for demand, price, and availability for a resource in respective forecast scenario windows;
receive inputs specifying one or more forward contracts in a sourcing portfolio for procuring the resource from respective suppliers in respective sourcing option windows; and
report one or more metrics for evaluating the sourcing portfolio. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51)
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Specification