Autonomous contingency-responsive smart contract configuration system
A system for managing future costs associated with a product includes a future requirement system programmed to estimate an amount of resources required for manufacturing, distributing, and selling the product at a future point in time. The system includes an adverse contingency system configured to identify adverse contingencies and calculate changes in costs associated with obtaining the amount of resources at the future point in time. The system includes a smart contract system programmed to autonomously configure and execute a smart futures contract based on the amount of resources required and on the changes in costs to manage the future costs associated with the product.
1. A system for managing a set of future costs associated with a product, the system comprising:
a future requirement system programmed to estimate an amount of resources required for manufacturing, distributing, and selling the product at a future point in time;
an adverse contingency system configured to identify a set of adverse contingencies and calculate changes in a set of costs associated with obtaining the amount of resources at the future point in time; and
a smart contract system configured to autonomously configure and execute a smart futures contract based on the amount of resources required and on the changes in the set of costs to manage the set of future costs associated with the product, wherein:
the smart contract system is configured to configure the smart futures contract by using a machine learning robotic agent to autonomously determine terms and conditions for the smart futures contract,
the smart contract system is configured to train the machine learning robotic agent on a training set of data,
the training set of data is based on a training set of interactions of a set of users with a set of inputs, and
the smart contract system is configured to retrain the machine learning robotic agent based on feedback from a set of outcomes of the set of adverse contingencies.
2. The system of claim 1 wherein the smart contract system is further configured to execute the smart futures contract based on providing a set of improved outcomes after the set of adverse contingencies.
3. The system of claim 2 wherein the adverse contingency system is further configured to estimate probabilities of at least one of: shortages in supply, supply chain disruptions, changes in demand, changes in prices of inputs, or changes in market prices as the set of adverse contingencies.
4. The system of claim 2 wherein the adverse contingency system is further configured to estimate probabilities of at least one of macro-economic factors, geopolitical disruptions, disruptions due to weather or climate, epidemics, pandemics, or counterparty risks as the set of adverse contingencies.
5. The system of claim 1 wherein the smart contract system is configured to set prices, delivery times, and delivery locations required in order to provide a pre-determined inventory of an item in response to the set of adverse contingencies.
6. The system of claim 1 wherein the smart contract system is configured to configure at least one of parts, components, fuel, or materials required to provide a pre-determined inventory of an item as the set of inputs with the machine learning robotic agent.
7. The system of claim 1 wherein the set of inputs includes at least one of demand forecasts, inventory forecasts, demand elasticity curves, predictions of competitive behavior, or supply chain predictions.
8. The system of claim 1 wherein the smart contract system is configured to train the machine learning robotic agent with interactions within an enterprise demand planning software suite as the set of inputs.
9. The system of claim 1 wherein the smart contract system is configured to train the machine learning robotic agent to interact with a set of demand models that at least one of forecast demand factors, forecast supply factors, forecast pricing factors, forecast anticipated equilibria between supply and demand, generate estimates of appropriate inventory, generate recommendations for supply, or generate recommendations for distribution.
10. The system of claim 1 wherein the smart contract system is configured to configure the smart futures contract to automatically execute to obtain commitments for supply in response to discovery of a pre-defined market condition associated with an adverse contingency of the set of adverse contingencies.
11. The system of claim 1 wherein the machine learning robotic agent is configured to renegotiate at least a subset of the terms and conditions based on the feedback from the set of outcomes of the set of adverse contingencies.
12. The system of claim 1 wherein the set of adverse contingencies includes at least one of: a shortage in supply, a supply chain disruption, a change in demand, a change in a price of a set of inputs, or a change in a set of market prices.
13. A computerized method for managing a set of future costs associated with a product, the computerized method comprising:
estimating an amount of resources required for manufacturing, distributing, and selling the product at a future point in time;
identifying a set of adverse contingencies;
calculating changes in a set of costs associated with obtaining the amount of resources at the future point in time;
autonomously configuring and executing a smart futures contract based on the amount of resources required and on the changes in the set of costs to manage the set of future costs associated with the product;
configuring the smart futures contract by using a machine learning robotic agent to autonomously determine terms and conditions for the smart futures contract;
training the machine learning robotic agent on a training set of data, wherein the training set of data is based on a training set of interactions of a set of users with a set of inputs; and
retraining the machine learning robotic agent based on feedback from a set of outcomes of the set of adverse contingencies.
14. The computerized method of claim 13 wherein executing the smart futures contract includes executing the smart futures contract based on providing a set of improved outcomes after the set of adverse contingencies.
15. The computerized method of claim 14 further comprising estimating probabilities of at least one of shortages in supply, supply chain disruptions, changes in demand, changes in prices of inputs, or changes in market prices as the set of adverse contingencies.
16. The computerized method of claim 14 further comprising estimating probabilities of at least one of macro-economic factors, geopolitical disruptions, disruptions due to weather or climate, epidemics, pandemics, or counterparty risks as the set of adverse contingencies.
17. The computerized method of claim 13 further comprising configuring at least one of parts, components, fuel, or materials required to provide a pre-determined inventory of an item as the set of inputs with the machine learning robotic agent.
18. The computerized method of claim 13 further comprising training the machine learning robotic agent to interact with a set of demand models that at least one of forecast demand factors, forecast supply factors, forecast pricing factors, forecast anticipated equilibria between supply and demand, generate estimates of appropriate inventory, generate recommendations for supply, or generate recommendations for distribution.