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Procurement Terms

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Buy-Sell Operating Model
The Buy-Sell model is a variant of the Centralised Procurement model. Under this, a central Procurement company (a ‘ProCo’) is formed within the Group and buys goods to sell them on to the operating companies (often at a profit). Under this model, Procurement is both the budget holder and procurer and has total control of inbound supply.
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Procurement Operating Model