Insights

Optimizing spend management with ‘Consortium Buying’

Consortium led buying models are the new disruptors in the procurement world. This collaborative buying augments the buyers’ power and helps in leveraging economies of scale by sharing of purchase volumes, information, or resources. Read on to know more on what are the best practices and success factors needed for an effective consortium buying in spend management optimization and how can buyers leverage the key benefits out of it.

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