Funding e-procurement initiatives in US Government agencies: challenges, models, and trends Online publication date: Wed, 02-Jun-2010
by Elizabeth D. Fleming, Ching-Chung Kuo, Richard E. White
International Journal of Procurement Management (IJPM), Vol. 3, No. 3, 2010
Abstract: The US public sector is facing the opposing challenges of increased citizen expectations for better services and decreased resources to run offices. It is an enormous undertaking to achieve these goals due to the numerous obstacles that plague all functions within federal, state, and local agencies. While the internet maybe an ideal solution, it requires substantial financial commitment and the staggering economic growth is exacerbating the nation's fiscal problems as evidenced by budget cuts at all levels of government. Consequently, public organisations are at a crossroads where it is critical to strike a delicate balance between embracing emerging technologies and securing funds to support them. In this research study, we identify the value of e-procurement, examine the basic options for financing the adoption and implementation of e-procurement, as well as discuss issues related to those funding methods. Several new and innovative approaches to acquiring e-procurement systems are also reviewed.
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