Purchasing cooperative definition

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Purchasing cooperative

Purchasing cooperative logo #21000 A purchasing cooperative is a type of cooperative arrangement, often among businesses, to agree to aggregate demand to get lower prices from selected suppliers. Retailers` cooperatives are a form of purchasing cooperative. It is often used by government agencies to reduce costs of procurement. Purchasing Cooperatives are used most frequently by g....
Found on http://en.wikipedia.org/wiki/Purchasing_cooperative
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