The Department of Defense Better Buying Power Essay

The Department of Defense Better Buying Power - turn out Exampled goods, which was aimed at gaining extra value for the American taxpayer by increasing productivity and strength in defense spending (Parrish, 2012). The kickoff phase of the BBP planned to cut spending by $487 zillion for the entire DOD in ten years, and the lessons learnt since its implementation have been incorporated into creating BBP 2.0, which was initiated in 2013. Since the implementation of the first phase in 2010 and the second in 2013, there are numerous examples of acquisition executives adhering to the BBP opening. According to Kendall (2014), the foremost has been a qualified success with evidence suggesting that the practices and policies of BBP have taken hold and opportunity for improvement cool it abounds.BBP refers to DODs plan to use best practices in strengthening its buying power, improving the productivity and efficiency of the department, and to extend to the war-fighter value-added and a ffordable military capability. The initiative consists of essential principles of military acquisitions that seek to attain improved efficiency by promoting competition, doing away with bureaucratic and unproductive acquisition processes, and controlling costs. As a result, the DOD expects that the overall expiration of the initiative will be the improvement of tradecraft in service acquisition. While it should also, provide incentives to improve presidential term and military industry innovation and productivity. BBP 2.0 was a further initiative created to improve on BBP 1.0, seeking to move on on the DODs commitment towards continually improving their acquisition practices. Some of the plans put into place that show the initiatives progress include the Defense Acquisition Boards affordability analysis, which seeks to facilitate decision reservation on defense investments. For instance, opportunities for smaller entrepreneurs have been given additional focus and attention, whil e military run are now using cost-estimates as standard practice. Majority of