Managing and evaluating procurement risk
First Claim
Patent Images
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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Abstract
Methods, systems, and computer programs that enable procurement risk to be efficiently and effectively managed and evaluated are described. In one aspect, inputs specifying one or more forward contracts in a sourcing portfolio for procuring a resource from one or more suppliers are received. Inputs specifying one or more aspects of a target sourcing strategy for procuring the resource also are received. A procurement risk evaluation report comparing the sourcing portfolio and the target sourcing strategy is presented.
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Citations
48 Claims
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1. A machine-implemented procurement risk management method, comprising:
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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. - 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)
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29. A machine-implemented procurement risk management system comprising a graphical user interface operable to:
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receive inputs specifying one or more forward contracts in a sourcing portfolio for procuring a resource from one or more suppliers;
receive inputs specifying one or more aspects of a target sourcing strategy for procuring the resource; and
present a procurement risk evaluation report comparing the sourcing portfolio and the target sourcing strategy. - View Dependent Claims (30, 31, 32, 33, 34, 35, 36, 37, 38)
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39. A computer program for managing procurement risk, the computer program residing on a computer-readable medium and comprising computer-readable instructions for causing a computer to:
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receive inputs specifying one or more forward contracts in a sourcing portfolio for procuring a resource from one or more suppliers;
receive inputs specifying one or more aspects of a target sourcing strategy for procuring the resource; and
present a procurement risk evaluation report comparing the sourcing portfolio and the target sourcing strategy. - View Dependent Claims (40, 41, 42, 43, 44, 45, 46, 47, 48)
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Specification