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What does centralized purchasing mean?
Centralized procurement is centralized procurement.

It is widely used in life, mainly referring to the meaning of centralized procurement of goods, projects and services in the centralized procurement catalogue. Usually, there will be a special person to purchase in centralized procurement. Centralized procurement can improve the quality and after-sales service of purchased products by integrating existing supplier resources and selecting high-quality suppliers from many suppliers for cooperation.

Centralized procurement refers to several kinds of procurement, that is, goods, projects and services in the centralized procurement catalogue are centrally purchased during the procurement process. Usually implemented within the enterprise, it can reduce procurement costs, save expenses, avoid buying the same products within the company, reduce competition among departments, and reduce transportation costs to a certain extent.

Benefits of centralized procurement

Save time, worry, effort and money. First, the group purchase price is lower than the minimum retail price in the product market. Second, the product quality and service can be effectively guaranteed, and the purchase and use are safe. Third, you can save a lot of money when you buy it. Enjoy the best service with the least money. Fourth, at the same time, going to the building materials market to compare prices also saves a lot of time.

Realize scale effect and reduce procurement cost. The biggest advantage of centralized procurement lies in giving full play to the scale effect of centralized procurement and centralizing the procurement of decentralized materials. On the one hand, it can reduce the purchase batch and effectively reduce the purchase implementation cost. On the other hand, the increase of purchase volume can bring more price discounts, thus reducing the purchase price.