What is a GPO?
How can it benefit my organization?
A group purchasing organization (GPO) is an entity created to leverage the purchasing power of a group of businesses or organizations to obtain discounts from suppliers on the collective buying power of the GPO members. The GPO negotiates the best possible prices for each of it’s members with manufacturers, suppliers and service providers under “group contracts.” In a GPO, suppliers treat all members as a part of a single entity and offer contract pricing and other benefits based on the total volume of the GPO. This increased volume allows the suppliers to offer better pricing and customer service than they could to the individual entities.
When a GPO member chooses to use a GPO contracted supplier, the process is very similar to the usual buying process. The order is still placed directly with the supplier, the supplier still delivers and bills member directly utilizing the discounted pricing. The GPO is an advocate, with the collective purchasing power, that can assist the member if there are service issues.
The TRIIUM GPO does not charge a membership fee to join. The GPO is supported by administrative fees paid by contracted suppliers.
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