THE TRANSFORMATIVE POWER OF TECHNOLOGY: ENHANCING PUBLIC PROCUREMENT WORLDWIDE
Keywords:
public procurement, technology, e-procurement systems, artificial intelligence, global impact, efficiency, transparency, accountability, governance, strategic imperative.Abstract
This article explores the profound impact of technology on public procurement practices globally. From the implementation of advanced e-procurement systems to artificial intelligence, the article delves into how these technological advancements are reshaping the landscape of procurement. By emphasizing the importance of embracing and investing in such technologies, the article highlights not only the improvements in efficiency and transparency but also their role in promoting fairness, accountability, and sustainable development. As governments and organizations navigate the complexities of modern procurement, the strategic imperative of leveraging technology becomes evident, fostering excellence in public procurement on a global scale.
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