If procurement specialists believe in change and innovation, what steps can be taken to accommodate these factors in long-term contracts? Many procurement actions are conducted electronically. What...

If procurement specialists believe in change and innovation, what steps can be taken to

accommodate these factors in long-term contracts?

Many procurement actions are conducted electronically. What do you foresee as the next

major development in this regard? When you answer this, think about reverse auctions and

their impact on negotiation of price and cost.