US Patent Issued to EXIGER HOLDINGS on May 19 for "System and method for managing supply chain risk" (Ohio Inventor)

ALEXANDRIA, Va., May 19 -- United States Patent no. 12,633,205, issued on May 19, was assigned to EXIGER HOLDINGS INC. (New York).

"System and method for managing supply chain risk" was invented by Trevor Stansbury (Loveland, Ohio).

According to the abstract* released by the U.S. Patent & Trademark Office: "Effecting supply-chain-risk-managing by: identifying part-source-pairs; retrieving data impacting shipping; obtaining a current risk status vector that is a function of a data-state and a data-freshness; utilizing the current risk status vector to: obtain risk weighting vectors by category and user-role, time decay, and source quality factor data; apply the risk weighting vectors, time decay and source quality factor data to the risk s...