Chapter Review
Key Takeaways
- Innovation has empowered contracting officers to improve process efficiency with technology tools.
- Blockchains can be implemented to improve self-governance and transparency of government transactions.
- Digital tools transform public procurement processes with automation.
- Cooperation in purchasing can result in sharing best procurement practices.
Explore and Engage
Questions for Discussion
- Technology moves traditional procurement processes to a smarter way; what are some challenges of implementing innovative systems in the public sector?
- Blockchain technology solves multiple issues in the procurement role. List three benefits of Blockchain.
- What is the impact of e-tools on the private sector and taxpayers?
- Group or collaborative purchasing can reduce procurement costs; what challenges can it create in the transparency of the public process?
Active Learning