The use of software to support management decisions in public procurement

Artem O. Rada; Anton E. Timofeev; Oksana I. Nikitina

doi:10.1117/12.2630972

17 May 2022 The use of software to support management decisions in public procurement

Artem O. Rada, Anton E. Timofeev, Oksana I. Nikitina

Proceedings Volume 12251, Computer Applications for Management and Sustainable Development of Production and Industry (CMSD2021); 122510X (2022) https://doi.org/10.1117/12.2630972
Event: Computer Applications for Management and Sustainable Development of Production and Industry (CMSD2021), 2021, Dushanbe, Tajikistan

Abstract

The purpose of the study is to critically assess existing practices and develop recommendations for improving decisionmaking in the field of public procurement using professional software. The work used two Russian computer programs for market analysis and statistical methods (descriptive statistics, regression analysis, construction of trend equations) to process the information obtained in an automatic mode. As a result, it was found that using the software, it is possible to quickly assess the situation in a certain market segment by uploading information about the number of bidders, procurement dynamics, indicators of reducing the initial maximum contract price. In particular, it was found that the government procurement market for computer equipment is growing rapidly (as seen from the trend equation), but it is advisable for companies with a cost leadership strategy to participate. An analysis of the purchases of a particular organization was also carried out, it was shown that a large volume of purchases and an average level of competition, normal values of rejected and conflicting bids make it possible to make a decision on the expediency of participation. The paper demonstrates a positive economic effect associated with significant time savings for procurement specialists. At the same time, the existing software products still do not allow online receiving information about prospective purchases. In the future, it is advisable to introduce big data and predictive analytics into government procurement analysis in order to plan production and sales taking into account the needs of future customers.

Citation Download Citation

Artem O. Rada, Anton E. Timofeev, and Oksana I. Nikitina "The use of software to support management decisions in public procurement", Proc. SPIE 12251, Computer Applications for Management and Sustainable Development of Production and Industry (CMSD2021), 122510X (17 May 2022); https://doi.org/10.1117/12.2630972

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KEYWORDS

Statistical analysis

Analytics

Data processing

Software

Analytical research

Computer hardware

Software development

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