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Supply chain management system

  • US 9,971,981 B2
  • Filed: 06/12/2015
  • Issued: 05/15/2018
  • Est. Priority Date: 06/13/2014
  • Status: Active Grant
First Claim
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1. A method for managing a supply chain performed by a supply chain management server comprising:

  • monitoring, by a computing system, supply chain disruption event information from a plurality of data sources in real-time, wherein the monitoring comprises receiving information related to operations of a first supplier from the plurality of data sources, and wherein the first supplier is responsible for providing a first product that satisfies criteria of a buyer;

    based on the supply chain disruption event information, determining, by the computing system, a risk value that indicates a risk level of disruption of the operations of the first supplier;

    flagging, by the computing system, the first supplier within a database of potential suppliers in response to determining that the determined risk value is greater than a risk tolerance threshold;

    notifying, by the computing system, the buyer that the first supplier has been flagged;

    providing, by the computing system, a list of recommended suppliers to the buyer on a graphical display device in response to determining that the determined risk value is greater than the risk tolerance threshold, wherein the recommended suppliers are each capable of providing a respective second product to the buyer, wherein each of the respective second products satisfies the criteria of the buyer; and

    automatically soliciting, by the computing system, bids from one or more suppliers on the list of recommended suppliers in response to determining that the determined risk value is greater than the risk tolerance threshold.

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