collaborative purchase

collaborative purchase

A method of purchase whereby, in buying similar commodities, buyers for two or more departments exchange information concerning planned purchases in order to minimize competition between them for commodities in the same market.
Dictionary of Military and Associated Terms. US Department of Defense 2005.
References in periodicals archive
The number of individuals working on a collaborative purchase should be limited; however, it may be necessary to have a large team involved behind the scenes to make the process work smoothly.
This article will describe the key processes and strategies the two campus libraries adopted to achieve this goal and recommended best practices pertaining to: coordinating and developing a collaboratively minded team, devising shared goals and expected outcomes, identifying and properly prioritizing relevant e-resources, building interlibrary and vendor relationships, and establishing negotiation and licensing strategies suited towards collaborative purchases.
Following the conclusion of the year-long ERMP project, the Duluth campus has the responsibility of initiating collaborative purchases because of their current budget constraints.
Customers can club together to pay for group bookings, gifts or to make other collaborative purchases easily and securely.
He said the district also would be interested in making collaborative purchases on items such as paper or copy machines with smaller districts.
LEZLI BASKERVILLE: There are a large number of areas in which universities can engage in collaborative purchases that would reduce significantly their costs.
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