MUMBAI, India, Feb. 13 -- Intellectual Property India has published a patent application (202641007824 A) filed by Sr University, Warangal, Telangana, on Jan. 27, for 'a system and method for ai-based predictive demand forecasting in sustainable medical supply chains.'
Inventor(s) include Dr. K. C. Sreedhar; and Dr. Balajee Maram.
The application for the patent was published on Feb. 13, under issue no. 07/2026.
According to the abstract released by the Intellectual Property India: "A System and Method for AI-Based Predictive Demand Forecasting in Sustainable Medical Supply Chains 2.Abstract The present invention relates to an artificial intelligence-based system and method for predictive demand forecasting in medical supply chains. The system processes historical consumption data, clinical activity indicators, seasonal trends, and external influencing factors to generate accurate demand predictions for medical supplies. Machine learning models are employed to analyze complex demand patterns and dynamically update forecasts in real time. The invention enables proactive inventory planning, minimizes overstock and shortages, and reduces material wastage in healthcare institutions. The system supports sustainable supply chain operations by improving resource utilization and cost efficiency. The invention is applicable to hospitals, clinics, and healthcare logistics systems."
Disclaimer: Curated by HT Syndication.
