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

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...

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Main Authors: Radoslav Delina, Marek Macik
Format: Article
Language:English
Published: Technical University of Kosice 2023-03-01
Series:Kvalita Inovácia Prosperita
Subjects:
Online Access:https://www.qip-journal.eu/index.php/QIP/article/view/1819
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author Radoslav Delina
Marek Macik
author_facet Radoslav Delina
Marek Macik
author_sort Radoslav Delina
collection DOAJ
description 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.
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spelling doaj.art-88862258711e4225a79bef47404686102023-08-10T13:05:33ZengTechnical University of KosiceKvalita Inovácia Prosperita1335-17451338-984X2023-03-0127110.12776/qip.v27i1.1819Quality of Artificial Intelligence Driven Procurement Decision Making and Transactional Data StructureRadoslav Delina0Marek Macik1Technical University of KosiceTechnical University of Kosice 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. https://www.qip-journal.eu/index.php/QIP/article/view/1819transactional datapublic procurementpredictiondata structuremachine learning
spellingShingle Radoslav Delina
Marek Macik
Quality of Artificial Intelligence Driven Procurement Decision Making and Transactional Data Structure
Kvalita Inovácia Prosperita
transactional data
public procurement
prediction
data structure
machine learning
title Quality of Artificial Intelligence Driven Procurement Decision Making and Transactional Data Structure
title_full Quality of Artificial Intelligence Driven Procurement Decision Making and Transactional Data Structure
title_fullStr Quality of Artificial Intelligence Driven Procurement Decision Making and Transactional Data Structure
title_full_unstemmed Quality of Artificial Intelligence Driven Procurement Decision Making and Transactional Data Structure
title_short Quality of Artificial Intelligence Driven Procurement Decision Making and Transactional Data Structure
title_sort quality of artificial intelligence driven procurement decision making and transactional data structure
topic transactional data
public procurement
prediction
data structure
machine learning
url https://www.qip-journal.eu/index.php/QIP/article/view/1819
work_keys_str_mv AT radoslavdelina qualityofartificialintelligencedrivenprocurementdecisionmakingandtransactionaldatastructure
AT marekmacik qualityofartificialintelligencedrivenprocurementdecisionmakingandtransactionaldatastructure