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 structur...