GPO’s (Group Purchasing Organizations) have been around for about 10 years primarily into the medical business. The fundamental notion of a GPO is several companies can come collectively and get services and products cheaper than any solitary company can. This model may or may not be good for the Coca-Cola’s, Wal-Mart’s, or Johnson & Johnson’s worldwide, but they are perfect for the little to medium size business simply because they enable the little dudes to purchase their products or services from the rebate degree of these huge corporations.
As companies are expanding and products are being developed, we have been seeing GPO’s spread into the education, publishing, workplace materials, and consumer services and products areas. Makers are willing to reduce their margins and deliver services and products at low cost for amount of consumers the GPO’s offer. Generally in most … Read More