In the past twelve months, what significant challenges has your procurement office faced? Have you had internal conversation about the struggle to replace a retirement-age workforce? Did you have to adjust in order to overcome a supply chain disruption caused by a major weather event? Chances are that you have- and you are not alone. For every qualified individual, there are six vacancies in the procurement sector, and we all have watched the news as natural and man-made disasters like devastating wildfires have affected millions of people. So, what should you and your fellow procurement officials do in the face of all of this uncertainty?
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The private sector has invested more than 1.4 billion dollars in blockchain since 2014. To put this number into context, this is on par with the amount of money spent on internet investments during the early 90’s! What do you know about blockchain? Personally, I knew almost nothing besides the fact it was a technology people were excited about and that it had something to do with Bitcoin. Luckily for me, Procurement U recently released a free course entitled “Blockchain: The Public Sector Big Picture”. This course provided me with a basic understanding of how blockchain works and explains it in a simple, approachable way through videos and interactive graphics. As someone who is not the most technically savvy, I can say that this course helped me understand blockchain and made me excited about its potential uses. This course goes over how blockchain works and how it can be used in procurement. Take this Procurement U course to start exploring blockchain and its uses in your office!
Read more “Blockchain: The Public Sector Big Picture”