ABC-XYZ analysis as a key tool for optimizing public procurement planning

Abstract

© 2019, Research Trend. All rights reserved. This article describes the planning of public procurement (for example, the material and technical department of the center to ensure the activities of the Treasury). The necessity of its improvement was justified due to the high share of budget expenditures on the procurement of goods, works and services. As the main method of optimizing planning activities, it is proposed to use ABC and XYZ-analysis adapted to the needs of public procurement. The main criterion for the choice of these methods was the ease of use and clarity of the results of his research. In this case, the combination of methods gives a synergistic effect, increasing the accuracy of determining the desired categories of goods, works or services. Based on analyzes of the 2018 contracts, measures were proposed to optimize public procurement planning for 2019. Part of the procurement could be enlarged, ABC-XYZ-analysis showed exactly what position will give the greatest economic effect. The preliminary results of the activities demonstrated the effectiveness of the proposed measures.