How consortium buying can help smaller CPG brands cut costs — and compete smarter
In Brazil, small and mid-sized businesses operate at just 54% of the productivity seen in large corporations. But this isn’t just an internal issue —it reveals a deeper, structural imbalance in access to resources, infrastructure, and favorable business conditions. In the CPG world, this disparity is even more pronounced. While large manufacturers negotiate raw materials […]
What is consortium buying and how procurement teams can benefit from it
Consortium buying is when a group of companies work together to pool their capacities and jointly buy their services, products and ingredients. It’s as if you went into a store and the sales assistant offered you a special deal because you and your friend were buying the same product together.
This purchasing model is the secret sauce behind the most innovative and cost-effective CPG brands. Procurement teams are using the collaborative model to get ahead in the market. Let’s analyze how procurement teams can use it to their advantage.
