CBD & HEMP PRODUCT - GROUP PURCHASING SERVICES
While an individual company may find a decent amount of savings on their own, it shadows in comparison to the savings one can gain by joining GlobalMpg's Group Purchasing Organizations combined purchasing power of multiple retail CBD businesses.
This purchasing power allows GlobalMpg to negotiate discounts up to (45%) prcent in item level pricing not attainable by most single companies.
CBD & HEMP PRODUCTS - SAVINGS BEYOND PRICE
GlobalMpg's main goal is to get members the most products for the most savings with the highest quality on the market. GlobalMpg work with Farms and Wholesale suppliers to identify qualitative – not just quantitative – improvements that will give them the best-in-class service. GlobalMpg (GPO) goes beyond initial savings and considers total cost of ownership, this can help with inventory reductions and process improvements.
CBE HEMP PRODUCT - CONTRACT PACKAGING / CO-PACKING SERVICES
Contract Packaging, also known as Co-Packing, is the overall process of assembling a product or good into its final finished packaging. Contract Packaging can be a simple or complex process as it is customized according to the specific scope of the product packaging, which varies greatly across the retail, commercial or trade industries. Contract Packaging and Co-packaging companies provide contract packaging services to product manufacturers and often act as an extension of the company.
CBE HEMP PRODUCT - (VMI) VENDOR MANAGED INVENTORY SERVICES
Vendor Managed Inventory (VMI) is a business model where the buyer of a product provides information to a vendor of that product and the vendor takes full responsibility for maintaining an agreed inventory of the product.