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.
AI classification
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.