Automation in tender evaluation in construction industry to increase procurement planning efficiency, transparency, quality bidding and focus on sustainability factors

This dissertation is submitted in partial fulfillment of the requirements for the degree of Masters in Procurement and Supply Management, 2021.

书目详细资料
主要作者: Wasiew, Qudrati Al
其他作者: Morshed, Rashed
格式: Dissertation
语言:English
出版: Brac University 2022
主题:
在线阅读:http://hdl.handle.net/10361/15892
id 10361-15892
record_format dspace
institution Brac University
collection Institutional Repository
language English
topic Tender evaluation
Construction
Market analysis
Automation
Supply chain management
Business logistics
spellingShingle Tender evaluation
Construction
Market analysis
Automation
Supply chain management
Business logistics
Wasiew, Qudrati Al
Automation in tender evaluation in construction industry to increase procurement planning efficiency, transparency, quality bidding and focus on sustainability factors
description This dissertation is submitted in partial fulfillment of the requirements for the degree of Masters in Procurement and Supply Management, 2021.
author2 Morshed, Rashed
author_facet Morshed, Rashed
Wasiew, Qudrati Al
format Dissertation
author Wasiew, Qudrati Al
author_sort Wasiew, Qudrati Al
title Automation in tender evaluation in construction industry to increase procurement planning efficiency, transparency, quality bidding and focus on sustainability factors
title_short Automation in tender evaluation in construction industry to increase procurement planning efficiency, transparency, quality bidding and focus on sustainability factors
title_full Automation in tender evaluation in construction industry to increase procurement planning efficiency, transparency, quality bidding and focus on sustainability factors
title_fullStr Automation in tender evaluation in construction industry to increase procurement planning efficiency, transparency, quality bidding and focus on sustainability factors
title_full_unstemmed Automation in tender evaluation in construction industry to increase procurement planning efficiency, transparency, quality bidding and focus on sustainability factors
title_sort automation in tender evaluation in construction industry to increase procurement planning efficiency, transparency, quality bidding and focus on sustainability factors
publisher Brac University
publishDate 2022
url http://hdl.handle.net/10361/15892
work_keys_str_mv AT wasiewqudratial automationintenderevaluationinconstructionindustrytoincreaseprocurementplanningefficiencytransparencyqualitybiddingandfocusonsustainabilityfactors
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spelling 10361-158922022-01-13T21:01:22Z Automation in tender evaluation in construction industry to increase procurement planning efficiency, transparency, quality bidding and focus on sustainability factors Wasiew, Qudrati Al Morshed, Rashed Brac Institute of Governance and Development, Brac University Tender evaluation Construction Market analysis Automation Supply chain management Business logistics This dissertation is submitted in partial fulfillment of the requirements for the degree of Masters in Procurement and Supply Management, 2021. Cataloged from PDF version of dissertation. Includes bibliographical references (pages 15-16). With the ever-changing tools and machineries in construction industry and revolution in material manufacturing, prediction of market price on construction materials has become a tough nut to crack. At the same time, the increasing standards of living and doing things has also affected the labor costs. So, in case of being a buyer of construction goods, works or services can be a vexatious task. Evaluating the bids for varying types of construction works with multi-layers of specifications can be cumbersome. Though in Bangladesh most of the buyers use the PPR as a standard for procurement and LGED schedule of rates as a standard for market price for goods, works and services; but still the bid evaluation procedure has not changed its pattern with the modern touches of IT. It can be seen that GoB has produced eGP and several MNCs and INGOs have produced integrated ERP systems like SAP; but they all end up to collecting bids but not evaluating them automatically in the system. In most cases, the bidders end up bidding lower than 10% to 15% of the pre-analyzed market price. According to PPR and GSCM policies of private sector buyer urges for rate analysis from bidders. This also consumes another one to two weeks before the notification of award. But, in reality all the buyers are doing boring repetitive works of rate analysis during this period. The primary aim of this study is to build and show a model that can automatically evaluate the bids compared to pre-fetched market rates. The objective is also to show a process that will be able to predict future market changes and bid changes from continuous flow of data from new tenders and bids. The collection of data was from the archive of Tongi Urban Program, World Vision Bangladesh but used as crypto for serving the purpose of company policies. The study is focused to ease the hectic work of construction SCM. The primary aim is to increase transparency, quality bids and also provide enough time to evaluate sustainability factors of the bidders by the procurement officers or buyers. The main idea of increasing transparency is evaluating bids in a medium or system that will be noticeable to both the bidders and the buyers. This method would take training of the bidders and data entry specialists. By involving the bidders into the system, a huge amount of transparency can be achieved. Again, by evaluating bids through automatic system would mean a lot less biasness towards any individual. Again, the system is designed to achieve threshold value that will be continuously closer to the market rates. This will encourage bidders to quote better rates and coerce them from quoting unrealistic rates in specific items of work to gain work in anyway. It will result in quality bidding as well as quality of work. Also by automated evaluating system, the organization can provide enough time to the experts and procurement officers to evaluate the sustainability factors and required documents submitted by the bidders with more accountability. This will eliminate fake certificates, illegal documents and force bidders towards achieving a total sustainability. Qudrati Al Wasiew M. Procurement and Supply Management 2022-01-13T04:28:36Z 2022-01-13T04:28:36Z 2021 2021-08 Dissertation ID 19382004 http://hdl.handle.net/10361/15892 en Brac University dissertations are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. 16 pages application/pdf Brac University