GRAPHICAL USER INTERFACE FOR PROCUREMENT RISK MANAGEMENT SYSTEM

Patent №

US 7,590,937

Granted

2009-09-15

Filed 2002

Owner

HEWLETT-PACKARD COMPANY

+1 more

Lab

AI components

4

kr · planning · evo · hardware

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

10264975

Systems and methods for managing procurement risk are described. In accordance with a procurement risk management method, a resource sourcing mix is computed from a sourcing portfolio of one or more forward contracts, spot market purchases, and inventory depletion for each period of a planning horizon based on forecast scenarios for resource demand, resource price, and resource availability and a specified inventory carrying policy for the resource. Based upon the computed resource sourcing mix, one or more metrics for evaluating the sourcing portfolio are computed. A system and a computer program implementing the above-described procurement risk management method also are described.

Knowledge representationPlanningEvolutionary computationAI hardwareG06Q 10/087G06Q 10/06315G06Q 10/0635G06Q 30/0202G06Q 40/06

AI classification

Planning1.00
Knowledge representation1.00
Evolutionary computation0.79
AI hardware0.55
Natural language0.04
Machine learning0.01
Vision0.00
Speech0.00

Ownership

HEWLETT-PACKARD COMPANY

assignment · 134990749

HEWLETT-PACKARD DEVELOPMENT COMPANY, L.P.

assignment · 544160995

Assignors

JACOBUS, GREG C., OLAVSON, THOMAS D., HWANG, JERRY

On an employer assignment, the assignors are typically the inventors.

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