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How Do GPOs Make Money?

Una

What's a GPO and How Do GPOs Make Money? Some procurement professionals are concerned that a group purchasing organization , or GPO, won’t be able to accommodate their unique requirements. Others worry that a GPO will lock them in to certain contracts indefinitely. What's a GPO?

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How to Transform Your Business With Group Purchasing

Una

How to (Actually) Transform Your Business with Group Purchasing Learn how to transform your business with group purchasing and add an average of 18-22% savings per category to your bottom line. The opportunity to refinance was a no-brainer; we could do it relatively quickly and it didn’t cost us anything out of pocket.

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Buying Group vs Group Purchasing Organization

Una

In the procurement and sourcing world, there are several terms that seem to be used interchangeably when attempting to increase buying power and save money: buying group, group purchasing organization, purchasing cooperative, purchasing group. The main difference, however, is that group purchasing is the GPO’s core business.

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Working With a GPO Makes You More Effective

Una

Working With a GPO Makes You More Effective in Your Role Explore how working with a GPO will not only make your job easier, but help elevate you to become truly great at your profession. Does bypassing the need to learn different chord shapes across different keys make someone a less effective guitarist?

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Addressing the Possible Risks Associated with GPOs

Una

Addressing the Possible Risks Associated with GPOs Answers to common questions about the risks associated with GPOs and how working with a group purchasing organization can empower procurement. We also know that procurement teams are oftentimes understaffed and missing the resources they need to maximize their efforts.

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Benefits of a Group Purchasing Organization

Una

A guide to exploring the benefits of working with a group purchasing organization to save money, time and effort. GPOs also bring balance to the negotiating equation because they already have relationships and contracts in place with vendors and suppliers. We understand saving money is crucial. GPO Cost Savings Calculator Tool.

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8 Reasons to Join a Group Purchasing Organization

Una

In turn, we use the administrative fee to finance our services, allowing us to make and keep membership free for our members. In other words, we make money by saving you money. GPOs help get you aligned with your strategy. Then, we move on to long-term strategies that make your business more profitable.