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. 03, 2012
Filed:
Dec. 05, 2006
Ranjit N. Notani, Southlake, TX (US);
Shrikant Ranade, Irving, TX (US);
Nitin Goyal, Plano, TX (US);
Anand Iyer, Flower Mound, TX (US);
Ranjit N. Notani, Southlake, TX (US);
Shrikant Ranade, Irving, TX (US);
Nitin Goyal, Plano, TX (US);
Anand Iyer, Flower Mound, TX (US);
JDA Software Group, Inc., Scottsdale, AZ (US);
Abstract
A method of optimizing multi-enterprise supply chain agreements using an electronic scenario based option contract includes creating at a buyer computer a plurality of scenarios of forecasted demand for one or more products and communicating from the buyer computer to a seller computer an offer to enter into an option contract for the supply of the one or more products, the option contract including an option corresponding to each of the plurality of scenarios of forecasted demand. The method further includes executing the option contract, receiving at the buyer computer an indication of current buyer demand for at least one scenario associated with the one or more products, and exercising at least a portion of the option in the option contract based at least in part on the indicated buyer demand.