Innovative Procurement Method Research Articles

New solutions in transplantology and graft acquisition.

In view of rapid advancements in the field of transplantology, emerging solutions in tissue procurement for transplantation became a crucial area of research. Tissue transplantation plays a notable role in improving the quality of life for patients afflicted with various ailments, and the increasing number of transplants necessitates the exploration of innovative procurement methods. This study examines a new direction in transplantology, placing focus on innovative approaches to tissue procurement and discussing the commonly used method of "ex mortuo," i.e., retrieving organs from deceased donors. Given the growing demand for organs, the paper discusses the innovative approach slowly emerging as 3D bioprinting. The paper discusses the key challenges associated with the use of this method in transplantology, including issues of biocompatibility, vascularization, and integration with the immune system. The paper also discusses the latest scientific achievements in the field, such as the first transplants of bioprinted organs, demonstrating the practical application of this technology in medicine. It is also the analysis of the ethical, social, and legal aspects related to these new solutions. The article provides a comprehensive overview of the latest trends in transplantology and presents a holistic view of the current state of knowledge and prospects for development in this pivotal area of medicine.

Perspectives on issues and the application of the innovative procurement approaches for the Industrialised Building System (IBS)

Malaysia is making an aggressive effort of transformation to become a fully developed country. As one of the pillars for transformation, the construction industry has been undergoing a major reform with regard to the traditional method of construction. In recent years, the Industrialised Building System (IBS) has been promoted extensively with the government taking a lead with the practice. Studies showed that IBS has been able to expedite construction process, improve the time taken to accomplish a project, improve building quality, able to control cost and human resources, which in overall, raise occupational health and safety standard of construction. Despite, as most IBS projects were carried out under the traditional procurement method, the full benefits of IBS are somehow obscured. Several issues such as work delay, lack of communication and integration, lack of knowledge and an increase in cost, which are synonymous to the traditional procurement method appear to outweigh the benefit of IBS. Hence, this research aims to suggest an alternative to the traditional procurement method with regard to IBS project implementation. The focus of this research has been on the challenges and innovative procurement methods most suited for IBS project. Two objectives were outlined: (1) to identify issues faced by the client on current procurement method in IBS project; and (2) to identify the client’s perspective on innovative procurement method most suited for IBS project. Data for this research was collected through semi-structured interviews with five respondents from five major developers having experience in IBS project implementation. The results from the thematic analysis revealed that apart from the common issues which ascend from the sequential nature of the traditional procurement method, design integration issue was opined to aggravate the situation. Unanimously, respondents agreed that partnering is the way forward for IBS project implementation in the Malaysian construction industry. This research contributes by providing important pointers for the local construction industry to move forward with IBS project implementation.

The RegTech for Regulators Accelerator (R²A) Process: Giving Financial Authorities Superpowers

The purpose of this working paper is to share the RegTech for Regulators Accelerator's (R2A) approach, process, and tools with financial authorities and other experts who aim to develop and test new RegTech and SupTech solutions for market oversight and policy analysis. The R²A approach draws on best practices from management and entrepreneurial consulting as well as from lessons learned by BFA during past engagements with both the public sector and the Fintech community. The R²A process employs lean design and innovative procurement methods to develop cutting-edge prototypes aimed at relieving specific pain points in financial regulation and supervision. That entails crafting new solutions around the idiosyncratic needs and circumstances of partner financial authorities, which can then be adapted to other jurisdictions in order to reach scale and create an off-the-shelf product.

The Finnish road weather business ecosystem - structure, potentials and implications for demand-driven innovation policy

This study analyses the Finnish road weather and maintenance business ecosystem and its development potential. The ecosystem proposes value by combining complementary expertise through which the participating companies can achieve competitive advantages. In order to facilitate value co-creation, public authorities must support and stimulate these ecosystems. The bottlenecks and obstacles identified by the companies and public authorities in value creation clearly indicate that there is significant potential to be realised in the future. In sum, the main challenges are related to rigid procurement models, lack of collaboration, and finding the right people and organisations to work together. In the end, a list of recommendations on how to tackle the constraints for new innovations is presented, e.g., innovative procurement methods, long-term committed collaboration, mutually set objectives supporting shared benefits and risks, and agile piloting on a larger scale. Basically, the same recommendations can be considered for more general innovation strategies.

The Finnish road weather business ecosystem - structure, potentials and implications for demand-driven innovation policy

This study analyses the Finnish road weather and maintenance business ecosystem and its development potential. The ecosystem proposes value by combining complementary expertise through which the participating companies can achieve competitive advantages. In order to facilitate value co-creation, public authorities must support and stimulate these ecosystems. The bottlenecks and obstacles identified by the companies and public authorities in value creation clearly indicate that there is significant potential to be realised in the future. In sum, the main challenges are related to rigid procurement models, lack of collaboration, and finding the right people and organisations to work together. In the end, a list of recommendations on how to tackle the constraints for new innovations is presented, e.g., innovative procurement methods, long-term committed collaboration, mutually set objectives supporting shared benefits and risks, and agile piloting on a larger scale. Basically, the same recommendations can be considered for more general innovation strategies.

Highway maintenance: impact of framework agreements upon project financial performance

Use of frameworks is recognized by the UK Industrial Strategy: Government and Industry in Partnership as an innovative procurement method that may be used to deliver cost savings. Support for potential efficiencies from use of frameworks by practitioners is, at best, mixed. A single case study was conducted to investigate the financial performance of frameworks for highway maintenance projects within the context of a major county council. Results from independent samples t-tests of 60 framework and 60 traditional discrete projects verified that use of a framework revealed no significant changes in production costs of tender prices, but significant reductions in total transaction costs for engagement and performance monitoring. These findings suggest that use of framework procurement methods can support significant cost savings when used within a public sector environment.

Why is Design-Build Commonly Used in the Public Sector? An Illustration from Hong Kong

The Design and Build (D&B) procurement method is one of the systems advocated to overcome inadequacies with the traditional procurement method. In recent years, this innovative procurement method has been put to practice in Hong Kong where a vast amount of infrastructure works is taking place. This paper aims to illustrate the applicability of design-build in the Hong Kong setting.As most D&B projects are undertaken by the public sector of Hong Kong, the main features of a public sector project and reasons for its wider use on D&B are fully examined in the paper. To further explore the benefits of D&B in actual practice, structured interviews have been conducted with clients, contractors and consultants running D&B projects in Hong Kong. Summary of major problems of running D&B projects from the previous study by the authors is also outlined. With the increasing use of D&B in the public sector of Hong Kong and worldwide, more research can be undertaken on the quantitative comparison of the traditional mode of procurement and how to carry out a D&B project successfully so as to develop a knowledge base for the D&B procurement method.

Critical Success Factors of Large Design-Build Projects in Vietnam

Design-build (D&B) has been broadly perceived as an effective project delivery method and become popular in the world. However, the implementation process of this innovative procurement method in Vietnam encounters difficulties due mainly to unfamiliarity and inexperience with the approach. Critical success factors (CSFs) which could be used to enhance the project execution are useful to practitioners in Vietnam if identified. A questionnaire survey was employed to identify CSFs of D&B projects in Vietnam. Parties' competence, especially financial capability, and contract documentation are the most important factors significantly affecting project success. It was also shown that the perspectives of two principal parties in D&B projects on the CSFs are statistically correlated. The identified CSFs were then validated with some various D&B projects. The execution results of CSFs' were compared with the projects' performance measured try key performance indicators (KPIs). The most important success factors of this study were also compared with other countries'. The validation and comparison results provide project participants with some useful information to perform D&B projects better. Practitioners should well perform the identified CSFs to enhance the chance of the success of D&B projects in Vietnam. The findings of this study are useful not only to Vietnamese practitioners but also to others who are concerned about D&B method and plan to employ it in Vietnam in future.

Development and Application of the Specialist Task Organization Procurement Approach

The study focuses on the development of an innovative procurement method in order to improve owners' contracting strategies. The aim of this paper is to develop a procurement system that improves the overall project implementation process, in order to meet the project objectives of time, cost, and quality. The Specialist Task Organization STO approach is suggested based on a constructive research approach, where extensive theoretical development of the STO concept is developed. The analogical validation was carried out through the review of four case study examples in order to find the analogies between the positive outcomes of four case studies and the elements of the STO route. The proposed task-oriented approach utilizes integrated product task development, integrated management, and fragmented execution via task organizations. The merits of the STO approach include, the shifting of competition from only single design and cost based to multiple designs, life-cycle costs, alternative materials, and maintainability implications. The STO approach assumes a modular approach to design, and allows experts knowledge in design and construction through their involvement from preconstruction through project starts up. The suggested STO route is a potential tool in realizing complete sustainability in construction in terms of environmental and social sustainability, as well as economic sustainability.

Benchmarking design‐build procurement systems in construction

Benchmarking can be an effective way of helping organizations to deliver better services through continuous improvement. The concept of benchmarking has been extensively applied to the construction industry in recent years to enhance the performance of the project delivery process. Success is hard to achieve, especially for a construction project delivered by an innovative procurement method – design and build, and the identification of critical success factors can enable project team leaders to make improvements in some particular areas. This paper aims to establish a conceptual framework of critical success factors (CSFs) for design‐build projects in construction. From the framework, it is hypothesized that project success of a design‐build project is a function of the interaction among project characteristics, project procedures, project management strategies, project‐related participants, project work atmosphere and project environment. The CSFs so identified can provide practitioners and academics with a better understanding of running a design‐build project successfully to develop a benchmark for the D&B project delivery process.

Partnering in Construction: Critical Study of Problems for Implementation

Over the years, the implementation of a construction project from planning to completion is full of potential claims and intractable disputes. As an innovative procurement method in the constructio...