You’ve heard the term, “there’s power in numbers” and that is exactly how a Group Purchasing Organisation (GPO) works

All organisations have everyday, indirect costs they must cover simply to keep the business running. These essential purchase categories include everything from IT equipment and office supplies to utilities and telecoms – typically low priority areas of spend where SME’s have little negotiating resource available to secure the best deals…

The Procura Covid-19: Procurement Impact: Responses & Strategies survey was completed by over 200 senior procurement and finance leaders and examines the effect of the Covid:19 pandemic, the immediate responses to the crisis, and strategies for the recovery.

How does Group Purchasing save you money?

Group Purchasing is a low risk, effective method of reducing these business costs by pooling purchasing requirements with other businesses and aggregating spend to utilise larger economies of scale and achieve competitive pricing.

Cost reduction may be one of the most compelling reasons to join a Group Purchasing Organisation, but there are many other benefits…