Five Reasons Your Company Should Join a GPO

Cleveland, OH, December 28, 2007 --(PR.com)-- Corporate United, the leading North American group purchasing organization (GPO), offers the following tips to educate company decision makers about the benefits of joining a group purchasing organization and how it can add to their bottom line.

Five Reasons Your Company Should Join a GPO

1. Simplified Purchasing Efforts – With in-house commodity knowledge and strategic sourcing expertise, GPOs can increase process consistencies and efficiencies immediately, saving your company time and money.

2. Increased Buying Power – GPOs are ideal for companies in need of leveraged agreements to increase their buying power and the ability to aggregate significant spends across any number of indirect categories, which results in substantial savings for its member companies.

3. Vendor Discounts – A GPO can help companies realize savings on non-strategic goods and services and obtain vendors discounts based on the collective buying power of the group’s members. In addition, most group purchasing organizations offer auxiliary benefits, such as resource flexibility, contract management and speed to market.

4. Benchmarking and Analysis – Benchmarking and analysis is performed to help GPO members better understand the marketplace and optimize their strategic sourcing efforts.

5. Networking – Most GPOs offer member companies access to the groups’ collective knowledge, educational events and informal networking.

Source: Corporate United (www.corporateunited.com)

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