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Procurement observatory is South Asia's first such observatory established by faculty members at the Indian Institute of Management, Lucknow, Uttar Pradesh in collaboration with the World Bank Group. It offers consulting services, digital tools, training programs and advocacy workshops to bring significant improvements in public procurement. By analyzing procurement processes using cutting edge management concepts, the observatory helps procurement entities to usher IT led procurement transformation.
Observatory's Impact on Public Policy
Union commerce minister used observatory's research data to highlight the impact of Government e Marketplace (GeM).
Source: The Times of India
Observatory prepared a detailed report for the Ministry of New and Renewable Energy, Govt of India on whether to follow tariff based reverse auction or closed e-bidding route for awarding projects in wind and solar sectors
Source: Bloomberg; The Hindu BusinessLine; DNA India; Business Standard; Financial Express.
Observatory organized an advocacy workshop with the Competition Commission of India
Source: Business Standard