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Cooperative buying, or cooperative purchasing, occurs when a group of organizations or individuals combine their purchasing power to negotiate better prices, terms, and service levels from suppliers. This strategy is commonly used by schools, government agencies, non-profits, and small businesses to achieve bulk discounts typically reserved for larger entities.
Cooperative buying, or cooperative purchasing, occurs when a group of organizations or individuals combine their purchasing power to negotiate better prices, terms, and service levels from suppliers. This strategy is commonly used by schools, government agencies, non-profits, and small businesses to achieve bulk discounts typically reserved for larger entities.
