Supply risk detection
US8700443B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Jun 29, 2011 |
| Grant date | Apr 15, 2014 |
| Priority date | — |
| Expiry date | Jun 29, 2031 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q10/087
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Systems and methods for supply risk detection are disclosed. In some embodiments, a method includes identifying fulfillment-related features corresponding to an item to be stored in inventory. The method also includes selecting a subset of the fulfillment-related features that is correlated with a supply constraint associated with the item. For example, in some cases the correlation is based on historical supply constraint data. The method further includes building a supply risk early detection model based, at least in part, upon the subset fulfillment-related features and evaluating the model to determine a probability that a third-party vendor will suffer a shortage of the item, as well as an expected duration of the shortage. Upon evaluation of the model, the method may include creating a purchasing plan for the item that takes into account the probability of the shortage and the expected duration of the shortage.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.