How a Group Purchasing Organization Can Save Your Business MoneyGet Advice from Take our Word.com on take-our-word.com. How a Group Purchasing Organization Can Save Your Business Money topic will increase your understanding on Advice from Take our Word.com. We at take-our-word.com only provide news, articles, information in Advice from Take our Word.com. Advice from Take our Word.com at take-our-word.com provides the most up to date news and articles. If you have questions please do not hesitate to contact us.
As industries are expanding and products are being developed, we are seeing GPO’s spread into the education, printing, office supplies, and consumer products fields. Manufacturers are willing to cut their margins and deliver products at wholesale prices for the volume of customers the GPO’s offer. In most scenarios GPO’s can save businesses anywhere from 20% - 40% off their already competitive prices. GPO’s are exclusive to members meaning that your business would pay a membership fee to be a part of the wholesale buying group. Two things to consider before becoming a member of a GPO. 1.Know what and how much you’re buying throughout the year for your business ex. (brochures, catalogs, envelopes, forms, paper, ink cartridges, etc) 2.Consider the membership fees versus your current cost and the savings that the GPO would deliver. If you are buying 500 business cards or 1,000 envelopes a year then a GPO would probably cost you more money than you would save. All in all a GPO is a good way for you to effectively cut cost without having to compromise quality or service. For more information on GPO’s contact Ken Hamilton @ 615-591-7722 or e-mail ken@onesourceinc.net
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