WASHINGTON -- The consumer packaged-goods industry is launching an initiative to create an Internet-based cooperative exchange designed to offer industrywide efficiencies on a global level, the Grocery Manufacturers of America here said last week. The GMA said the goal of the initiative is to reduce the $200 billion manufacturers spend on goods and services to support their operations. According to C. Manly Molpus, president and chief executive officer of the GMA, more than 50 major food, ...

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