OMNIA Partners Blog

What Is a GPO & How Do GPO Services Work?

November 19, 2018 / by OMNIA Partners posted in Group Purchasing Organization, Procurement, gpo

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Group purchasing organizations (GPOs) primarily exist for one simple, yet compelling reason: to help businesses interested in buying similar products gain leverage through combined purchasing power.

A study by The Hackett Group defines a GPO as “an entity that is created to leverage the purchasing power of a group of businesses in order to obtain discounts from suppliers based on the collective buying power of its members.” 

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