Apparatus, system and method for measuring and monitoring supply chain risk
US7246080B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jun 8, 2001 |
| Grant date | Jul 17, 2007 |
| Priority date | — |
| Expiry date | Apr 17, 2024 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q10/087
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
An apparatus, system and method for managing supply chain risk are provided. The apparatus, system and method identify which components are most critical to the assembly of the final product, in terms of placing the largest amount of revenue or profit at risk. The impact on profit and revenue of the failure to effectively deliver one or more of these critical products along one or more of the dimensions of quantity, time, space, or quality, is then quantified. The revenue and profit distribution from the supply chain is characterized given a projected distribution supply uncertainty, taking into consideration that input products are only useful if all of the BOM components are present. The revenue at risk is then determined. From the set of possible final products that can be produced, the portfolio of final products with the best risk-return characteristics are determined. Efficient hedges may then be developed.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.