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Purchasing optimization system

  • US 7,970,640 B2
  • Filed: 06/12/2002
  • Issued: 06/28/2011
  • Est. Priority Date: 06/12/2002
  • Status: Expired due to Fees
First Claim
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1. A purchasing optimization system, comprising:

  • a computer with a processor having circuitry to execute instructions;

    a storage device available to said processor with sequences of instructions stored therein, which when executed cause the processor to;

    prepare a plurality of data representative of an organization from a plurality of systems and external data sources for processing,obtain a plurality of purchasing related data that comprise one or more purchasing deliverables and one or more resources, a plurality of external factor prices, and one or more segment of value models that rely on a transformed data input and develops the data required to produce a matrix of value report for an organization,map an impact of a plurality of purchasing deliverables and a plurality of resources to one or more cells in a matrix of organization value and a matrix of organization risk;

    identify an optimal mix of purchasing features and resources; and

    display the optimal mix of purchasing features and resourceswhere the purchasing related data comprises data from a purchasing system database that includes data for one or more purchasing deliverables, one or more purchasing features and one or more resources,andwhere the optimal mix is the mix that minimizes a total organization risk and maximizes a value of a current operation and a segment of value selected from the group consisting of derivative, investment, real option and combinations thereof.

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