Doing Business with GPO Gpo Form

Instructions and help about Doing Business With GPO Gpo

in this video you are going to learn about group purchasing organization or gpo topics i have discussed in this video are what is group purchasing organization why group purchasing how gpo makes money and types of gpos let's start the video a group purchasing organization is an entity or platform that allows any business to join a group of other buyers who are interested in the same products and services by joining a gpo you're able to leverage the collective buying power of a group of businesses to get discounts from vendors that means you can take advantage of those larger discounts without actually purchasing more [Music] group purchasing is used in many industries to purchase raw materials and supplies but it is common practice in the grocery industry healthcare electronics industrial manufacturing and agricultural industries why group purchasing the group purchasing method of sourcing motivates suppliers to give gpo members discounted pricing on average businesses save 20 to 25 on