Method and system for multi-enterprise optimization using flexible trade contracts
First Claim
Patent Images
1. A system of optimizing supply chain activities between a plurality of enterprises, the system comprising:
- a first enterprise of the plurality of enterprises, the first enterprise comprising a first computer system configured to;
access a forecasted demand of at least one item at the first enterprise;
automatically and without user input subsequent to accessing the forecasted demand, generate one or more flexible trade contracts using the forecasted demand of the at least one item; and
automatically and without user input subsequent to generating the flexible trade contracts, communicate each of the one or more flexible trade contracts with the plurality of enterprises; and
a second enterprise of the plurality of enterprises, the second enterprise comprising a second computer system configured to;
automatically and without user input subsequent to accessing the forecasted demand, receive the one or more flexible trade contracts from the plurality of enterprises; and
automatically and without user input subsequent to communicating the flexible trade contracts, store each of the one or more flexible trade contracts at the second enterprise.
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Abstract
A method of multi-enterprise optimization at a buyer computer includes accessing a forecasted demand for at least one item and generating one or more proposed flexible trade contracts using the forecasted demand for the item. The proposed flexible trade contract is communicated to a seller computer and subsequently executed after acceptance of the proposed flexible trade contract at the seller computer to create a flexible trade contract. Each proposed flexible trade contract may be a forward contract, an option contract, or a flexible forward contract.
26 Citations
28 Claims
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1. A system of optimizing supply chain activities between a plurality of enterprises, the system comprising:
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a first enterprise of the plurality of enterprises, the first enterprise comprising a first computer system configured to; access a forecasted demand of at least one item at the first enterprise; automatically and without user input subsequent to accessing the forecasted demand, generate one or more flexible trade contracts using the forecasted demand of the at least one item; and automatically and without user input subsequent to generating the flexible trade contracts, communicate each of the one or more flexible trade contracts with the plurality of enterprises; and a second enterprise of the plurality of enterprises, the second enterprise comprising a second computer system configured to; automatically and without user input subsequent to accessing the forecasted demand, receive the one or more flexible trade contracts from the plurality of enterprises; and automatically and without user input subsequent to communicating the flexible trade contracts, store each of the one or more flexible trade contracts at the second enterprise. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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11. A computer-implemented method of optimizing supply chain activities between a plurality of enterprises, the method comprising:
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accessing by a computer, a forecasted demand of at least one item at a first enterprise of the plurality of enterprises; automatically and without user input subsequent to accessing the forecasted demand, generating by the computer, one or more proposed flexible trade contracts using the forecasted demand of the at least one item; automatically and without user input subsequent to generating the proposed flexible trade contracts, communicating by the computer, each of the one or more proposed flexible trade contracts to a second enterprise of the plurality of enterprises; and automatically and without user input subsequent to communicating the proposed flexible trade contracts, storing by a computer, each of the one or more proposed flexible trade contracts at the second enterprise of the plurality of enterprises. - View Dependent Claims (12, 13, 14, 15, 16, 17, 18, 19)
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20. A computer-readable medium having encoded theron software to optimize supply chain activities between a plurality of enterprises, the computer-readable medium comprising instructions to:
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access a forecasted demand of at least one item at a first enterprise of the plurality of enterprises; automatically and without user input subsequent to accessing the forecasted demand, generate one or more proposed flexible trade contracts using the forecasted demand of the at least one item; automatically and without user input subsequent to generating the proposed flexible trade contracts, communicate each of the one or more proposed flexible trade contracts to a second enterprise of the plurality of enterprises; and automatically and without user input subsequent to communicating the proposed flexible trade contracts, store each of the one or more proposed flexible trade contracts at the second enterprise of the plurality of enterprises. - View Dependent Claims (21, 22, 23, 24, 25, 26, 27, 28)
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Specification