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A CPO is a centralised procurement organisation (or a central purchasing office or organisation), and itâs pretty much what it sounds like: a single business unit designed to handle the bulk of a companyâs procurement and arguably one of the best investments a business can make to consolidate spend and regain control of its supply chain.
PPO stands for Preferred Provider Organization. A PPO is a kind of health insurance or managed care plan. Networks: Like HMOs, PPOs have a network of doctors and other providers. However, you can choose to see providers who are not in the network. You usually pay a higher cost to see providers who are not in the network.