What is a Group Purchasing Organization?
A group purchasing organization (GPO) combines the purchasing power of a collective of businesses to leverage better pricing, service levels and account representation from suppliers to simplify the buying process for purchasing professionals.The GPO model is quickly gaining adoption within leading procurement teams. By partnering with a GPO, businesses of all sizes can gain more spend under management and transform their supply chain. Learn everything you need to know about GPOs.
How You'll Benefit From a Group Purchasing Organization (GPO)
Group purchasing organizations can narrow the scope of priorities for procurement as they take on and deliver on the most important value drivers. In our guide, “Reshaping the Future of Purchasing,” you’ll discover the benefits and value-added drivers that you'll gain through GPO membership:
- Greater savings, more quickly and for longer
- Reduced risk
- Streamlined and cost-effective procurement
- Products and services for optimized supply chain management