MUMBAI, India, Jan. 23 -- Intellectual Property India has published a patent application (202511122847 A) filed by K. R. Mangalam University, Gurugram, Haryana, on Dec. 5, 2025, for 'system for vendor risk assessment and negotiation support.'
Inventor(s) include Dr. Vijay Prakash Sharma; Dr. Hamza Naim; and Dr. Mohd. Anas Kamil.
The application for the patent was published on Jan. 23, under issue no. 04/2026.
According to the abstract released by the Intellectual Property India: "The present invention provides a system for vendor risk assessment and negotiation support that integrates real-time data ingestion, advanced analytics, and adaptive machine learning to enhance enterprise procurement decision-making. The system acquires structured and unstructured vendor information from internal repositories and external intelligence sources, normalizes the data, and constructs continuously updated vendor profiles reflecting performance trends, compliance posture, financial stability, and operational behavior. A machine-learning engine generates vendor risk scores and predictive risk trajectories, enabling proactive detection of vulnerabilities and emerging threats. A negotiation support module correlates risk intelligence with contractual conditions, market factors, and organizational priorities to produce negotiation-ready insights and strategy recommendations. The system further includes an adaptive learning mechanism that refines analytical models using actual negotiation outcomes and vendor performance results. The invention provides enterprises with a unified digital framework capable of strengthening vendor governance, improving negotiation outcomes, and enhancing supply-chain resilience."
Disclaimer: Curated by HT Syndication.
