Cooperative purchasing helps public agencies, educational institutions and nonprofits stay on budget while delivering efficiencies. All procurement professionals strive to stay on top of procurement best practices and get the most out of their resources. These five tips will help you get the most out of your cooperative purchasing partnership.
Public entities like state and local government agencies, educational institutions and nonprofits all face ever-tightening budgets and constant expense pressures. Cooperative purchasing is a well-known strategy for reducing costs and adding efficiencies.
Here are five ways cooperative purchasing improves the public procurement process.