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VENDOR MANAGEMENT SYSTEM AND METHOD FOR VENDOR RISK PROFILE AND RISK RELATIONSHIP GENERATION

  • US 20140278730A1
  • Filed: 03/14/2013
  • Published: 09/18/2014
  • Est. Priority Date: 03/14/2013
  • Status: Abandoned Application
First Claim
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1. A vendor management system for calculating risks associated with registered vendors, comprising:

  • a processing device including at least one hardware processor configured to operate a risk calculation module to perform a risk analysis associated with a vendor of the registered vendors;

    a user terminal for accessing the processing device by a user, the user terminal configured to generate a user interface for the user to select a vendor from a list of registered vendors and to display a result of a risk analysis including a risk score performed by the risk calculation module; and

    a database access device configured to access data on the registered vendors including an access to a first database entry storing a vendor profile information including risk criteria associated with vendors, a second database entry storing personnel information of the vendors including information on at least one of employees and directors, and a third database entry storing weight factors associated with the risk criteria.

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