Quality of Artificial Intelligence Driven Procurement Decision Making and Transactional Data Structure

Radoslav Delina (1), Marek Macik (2)
(1) Technical University of Kosice, Slovakia,
(2) Technical University of Kosice, Slovakia

Abstract

Purpose: Current data driven decision making development calls for the quality assurance based on quality data structure. The paper analyses transactional data structure used in public procurement in Slovakia and the effect of data structure enhancement on prediction performance as crucial part of artificial intelligence (AI) quality assurance standard. We examine the significance of data structure enhancement and attributes transformation for prediction modelling.


Methodology/Approach: The research is based on mutli-step model using stacked ensemble machine learning (ML) algorithm and simulating input space of 211 attributes transformed and aggregated according to different perspectives assessed by r2, mean absolute error (MAE) or mean square error (MSE).


Findings: The results show that different performance of variable categories to prediction power. The most significant predictors were in category related to sectoral product classifications and in category related to variables aggregated for supplier, what underline the significance of structured information of all suppliers and negotiation participants in public tenders.


Research Limitation/Implication: Methodology is based on big data with high complexity. Due to limited computing power, no subjects’ IDs were used as inputs. The complexity behind data and processes call for more complex simulations of all variables and their mutual interaction and interdependencies.


Originality/Value of paper: The paper contributes to data science in transactional data domain and assessed the significance of different variables categories with respect to their specific added value to prediction power.

References

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Authors

Radoslav Delina
radoslav.delina@tuke.sk (Primary Contact)
Marek Macik
Author Biographies

Radoslav Delina, Technical University of Kosice

Faculty of Economics

Technical University of Kosice

Slovakia

Marek Macik, Technical University of Kosice

Faculty of Economics

Technical University of Kosice

Slovakia

Delina, R., & Macik, M. (2023). Quality of Artificial Intelligence Driven Procurement Decision Making and Transactional Data Structure. Quality Innovation Prosperity, 27(1), 103–118. https://doi.org/10.12776/qip.v27i1.1819

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