The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Jul. 17, 2007
Filed:
Jun. 08, 2001
Stuart Irwin Feldman, Stamfield, CT (US);
William Grey, Millwood, NY (US);
Alan Jonathan King, South Salem, NY (US);
Richard Perret, Fairfield, CT (US);
Dailun H. Shi, Croton on Hudson, NY (US);
Stuart Irwin Feldman, Stamfield, CT (US);
William Grey, Millwood, NY (US);
Alan Jonathan King, South Salem, NY (US);
Richard Perret, Fairfield, CT (US);
Dailun H. Shi, Croton on Hudson, NY (US);
International Business Machines Corporation, Armonk, NY (US);
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.