Five reasons to work with a Group Purchasing Organization

A Group Purchasing Organization (GPO) combines the purchasing needs and requirements of multiple Broader Public Sector (BPS) and MASH (Municipal, Academic, Schools, and Hospitals) operations, as well as non-profits, on a single contract to aggregate volume and raise the purchasing power of each part...

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Bibliographic Details
Published inMunicipal World Vol. 130; no. 9; p. 29
Main Author Penny, Chris
Format Trade Publication Article
LanguageEnglish
Published St. Thomas Municipal World Inc 01.09.2020
Subjects
Best practice
Compliance
Integrated delivery systems
Power
Public sector
Purchasing groups
Suppliers
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Summary:A Group Purchasing Organization (GPO) combines the purchasing needs and requirements of multiple Broader Public Sector (BPS) and MASH (Municipal, Academic, Schools, and Hospitals) operations, as well as non-profits, on a single contract to aggregate volume and raise the purchasing power of each participating company. Vendors benefit from the large volume and efficient competitive bid process resulting from multiple awards on a single contract. GPOs help ease the strain on BPS purchasing staff, minimizing countless hours spent on the solicitation process and ongoing maintenance of individual contracts. 3.
ISSN:0027-3589