Chapter Review
Key Takeaways
- Supply chain management is becoming increasingly important in the public sector. SCM focuses on the delivery of goods and services in the global environment and competitive, cost-effective strategies to efficiently manage the public budget.
- Complexity in public procurement relates to the scope of issues involved, including regulations, the variety of needs that must be fulfilled, and the complicated processes involved in procuring for the public sector.
- Public sector enterprises prioritize fulfilling public needs, whereas private sector enterprises aim to maximize profits.
- The main focus of public procurement includes legal considerations, economic benefits, technological considerations, process management and human resources.
Explore and Engage
Discussion Questions
- There are a number of benefits to effective supply chain management in the public sector. Name a few.
- The supply chain encompasses multiple activities both in the private and public sectors. What makes the public sector very complex compared to the private sector?
- What is the difference between public and private procurement?
- Procuring goods and services in the public environment must comply with multiple rules and regulations; name a few approaches to remain transparent.
