Group Purchasing Organizations

A Group Purchasing Organization (GPO) is an entity that helps businesses or organizations buy goods and services collectively, often securing lower prices through bulk purchasing power. By pooling resources and purchasing volume, GPOs negotiate better terms with suppliers than individual members could achieve on their own. They serve industries like healthcare, education, and hospitality, enabling members to reduce costs, improve procurement efficiency, and access quality products more affordably. Essentially, GPOs act as intermediaries that leverage collective buying power to benefit their members financially and operationally.