{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-9779364","patent":{"patent_number":"US-9779364","title":"Machine learning based procurement system using risk scores pertaining to bids, suppliers, prices, and items","assignee":null,"inventors":[],"filing_date":"2017-06-01T00:00:00.000Z","publication_date":"2017-10-03T00:00:00.000Z","cpc_codes":["G06N","G06F","G06F","G06F","G06F","G06F","G06F","G06N","G06N","G06N","G06Q","G06Q","G06Q","G06Q","G06Q","G06Q","G06Q"],"num_claims":20,"abstract":"A machine learning based procurement system comprises a machine learning classifier to classify bids. The procurement system determines a price risk score and a supplier risk score for each of the bids based on the classifications, and determines if any of the bids are associated with a high-risk procurement based on comparing the price risk score and the supplier risk score to the respective threshold. The procurement system includes a graphical user interface that can display bid evaluation links, which are accessible to provide information explaining high-risk procurements."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"Machine learning based procurement system using risk scores pertaining to bids, suppliers, prices, and items","description":"A machine learning based procurement system comprises a machine learning classifier to classify bids. The procurement system determines a price risk score and a supplier risk score for each of the bid","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-9779364","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-9779364","citation_suggestion":"Patentable. \"Machine learning based procurement system using risk scores pertaining to bids, suppliers, prices, and items\" (US-9779364). https://patentable.app/patents/US-9779364","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-9779364","json":"https://patentable.app/api/llm-context/US-9779364","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-06-06T12:37:09.056Z"}