Outsourcing procurement is often undertaken by companies to save money. Procurement requires a great deal of focus on cost saving, profit maximization and compliance. Often good procurement strategies can be the difference between a profitable company and a failed business.
Cannabis Business Opportunities (CBO) assists with purchasing for businesses in any industry seeking goods and services from the cannabis and industrial hemp industries. CBO is your one-stop-shop to source, solicit, evaluate, negotiate and execute your supply and service contracts.
Some of the benefits that can be gained are:
- Cost reduction from head count, training, office space and computerization.
- Market leverage allowing for better discounts.
- Transaction cost per purchase are lowered by economies of scale.
- Marketing knowledge of which suppliers are best for each product to be purchased.
- Highly skilled staff that specialize in purchasing.
- Improved communication between purchasing experts and the company staff.
- Better management information and purchasing analysis is available for people who understand the purchasing environment.
- Globalization means that the same products are often required in different countries.
- Negotiation by an expert in the field is often more effective and profitable.
Suppliers give local buyers, educational institutions, and any other legal entities access to commercial products and services at negotiated ceiling prices.
We provide streamlined purchasing processes that are proven throughout high-risk industries at the real market value, promoting healthy competition to standards in the Cannabis & Hemp Supply Chain.
Any company with a need for Cannabis and Hemp products and/or services.
*As allowed by the laws of the state of your incorporation