What is another word for AJP?

Pronunciation: [ˈad͡ʒp] (IPA)

AJP, or Autonomous Joint Procurement, is a term used in the field of logistics and supply chain management. Synonymous with this term are a number of other phrases that refer to the same approach, including joint procurement, collaborative procurement, and group purchasing. Essentially, AJP refers to the process by which different organizations work together to purchase goods and services in bulk, thereby enabling them to secure better prices and realize cost savings. Whether it is called AJP, joint procurement, or collaborative procurement, the strategy is the same: by pooling resources and working together, organizations can achieve economies of scale that they would not be able to achieve on their own.

What are the hypernyms for Ajp?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

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