Industry consortia are used for spot purchasing of MRO supplies.

Name: Industry consortia are used for spot purchasing of MRO supplies.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Industry consortia are not typically used for spot purchasing of MRO supplies. Rather, they are formed by companies in the same industry to collaborate on research and development, share best practices, and leverage their collective buying power for long-term contracts and bulk purchases of goods and services.

Industry Consortia Are Used for Spot Purchasing of MRO Supplies