摘要 |
The present invention includes a method and system for calculating risk components associated with the consumption of an indirect procurement commodity. Consequently, based on the amount of risk a user is a system user willing to take, a substantial reduction in the costs associated with the purchase of indirect procurement commodities can be achieved. An aspect of the present invention is a method for calculating risk components associated with the consumption of an indirect procurement commodity. The method includes receiving consumption data related to the indirect procurement commodity, establishing a volume of the indirect procurement commodity to be consumed during a future predetermined period based on the consumption data and calculating at least one risk component wherein the at least one risk component is associated with the volume of the indirect procurement commodity to be consumed during the future predetermined duration and time period.
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