The significance of quantitative management for government procurement supervision

Enhance regulatory efficiency, increase openness and transparency, and save regulatory costs.

1. Enhance regulatory efficiency. Quantitative management can be analyzed through the procurement data to find potential risks to improve regulatory efficiency. Regulators can formulate more precise improvement measures based on data mining results to avoid excessive or ineffective regulation.

2. Increase openness and transparency. Quantitative management can publicize government procurement data and promote openness and transparency throughout the procurement process. Supervisors can use the data to warn of unfair behavior in procurement, timely prevention and treatment, and enhance the credibility of government procurement.

3, saving regulatory costs. Quantitative management can be analyzed through the quantitative processing of procurement data to save regulatory costs. Supervisory departments can summarize the lessons learned in procurement through data analysis, to develop a more perfect regulatory policy, to avoid wasting human and material resources and financial resources.