What Is a GPO?
It May Be Time for You to Work With a Group Purchasing Organization
It’s no secret that supply chain management has become trickier than ever. Sourcing disruptions and labor shortages have been affecting a wide range of industries, including healthcare, foodservice and hospitality. It’s vital to protect your business from the pitfalls of incorrect sourcing in this unpredictable climate. Whether you’ve been buying independently or working with a group purchasing organization for years, it’s a good idea to reassess your current procurement strategy in 2022.
Revisit our article from September 1st, 2020, “What Is a GPO,” to get key details on how these groups can enhance your procurement strategy in the modern financial climate. You’ll learn about the types of GPOs and how they can improve your bottom line.