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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.
A CPO vehicle is a used car that is sold by a dealer after being thoroughly inspected by a skilled mechanic. The inspection process evaluates the vehicle from top to bottom, and it's intended to make sure that the CPO program includes only those vehicles that meet certain minimum quality requirements.