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Managing and evaluating procurement risk

  • US 20060095362A1
  • Filed: 11/01/2004
  • Published: 05/04/2006
  • Est. Priority Date: 11/01/2004
  • Status: Active Grant
First Claim
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1. A machine-implemented procurement risk management method, comprising:

  • receiving inputs specifying one or more forward contracts in a sourcing portfolio for procuring a resource from one or more suppliers;

    receiving inputs specifying one or more aspects of a target sourcing strategy for procuring the resource; and

    presenting a procurement risk evaluation report comparing the sourcing portfolio and the target sourcing strategy.

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