MUMBAI, India, Aug. 12 -- Intellectual Property India has published a patent application (202611077262 A) filed by Noida Institute Of Engineering & Technology on June 23, 2026, for A Supplier Reliability Evaluation Apparatus For Procurement Management.
Inventors include Dr. Nishtha Ujjawal; and Arun Kumar.
The application for the patent was published on August 07, 2026, under issue no. 32/2026.
Abstract: A supplier reliability evaluation apparatus for procurement management is disclosed. The apparatus receives supplier related procurement, quality, logistics, finance, contract, and compliance data from enterprise sources, converts the data into normalized performance indicators, applies category dependent risk weightages, and generates reliability bands with explainable contributing factors. The apparatus detects deteriorating trends, recurring exceptions, and documentation concerns, issues alerts to responsible procurement users, and records evaluation lineage for audit review. The apparatus supports sourcing decisions, supplier monitoring, and governance without replacing existing procurement workflows.
Disclaimer: Curated by HT Syndication.
