“The Internal Revenue Service’s Office of the Chief Procurement Officer today announced a research partnership with Data and Analytic Solutions, a small business located in Fairfax, Virginia. The partnership also includes a group of academic researchers with a goal to use data science to improve IRS procurement operations.
The effort will bring together a multi-disciplinary team comprised of procurement practitioners as well as university professors and students with procurement and machine learning experience. Machine learning is a form of artificial intelligence that allows computers to become more accurate at predicting outcomes without being explicitly programmed.
‘As with many agencies, we have a wealth of data available to us to understand where time is being spent in our contracting process,’ said Shanna Webbers, IRS Chief Procurement Officer. ‘The intent of this research project is to enable us to hone-in on key factors impacting our time to award and identify tools that can be utilized to make process improvements to shorten our lead time, more effectively allocate our human resources, and better serve our customers.’…” Read the full press release here.
Source: IRS announces procurement research partnership to improve contracting processes – November 23, 2020. IRS.