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WHO IS GLOBAL GPO?

GLOBAL GPO is a unified group purchasing organization (GPO) that bridge suppliers and buyers together.  The is a for profit company and an exclusive member of a Wholesale Trade association.  The objective of this process is to allow buyers to receive major discounts.

IS THERE A FEE FOR THE USE OF THE SERVICES FROM THE VENDORS?

The awarded Vendor pays the Group Purchasing Organization (GPO) or approved contracted vendor a minimal administrative fee (usually 3% of products purchased) to participate in this program. This fee covers the costs for contract marketing and facilitation and it offsets operating expenses incurred by the GPO and/ or its affiliate. The GPO usually does not have taxing or levying authority. We are a nonprofit organization acting as a self-supporting entity. The GPO also shares these fees with other affiliate partnering cooperatives as they elect to help facilitate and market the contracts in their specific regions.

HOW MUCH DOES IT COST TO PARTICIPATE IN THE GPO?

There is NO COST to join and a small processing fee to participate.

SHOULD YOUR WHOLESALE COMPANY JOIN GROUP BUYING OR NOT?

The methodology of group buying (Purchasing Groups, also known as Group Purchasing Organization (GPO)) did not start today. It have been around for years. Over the years, friends have always put their money together in order to buy a large item and enjoy a better deal. The logic still remains the same. Group Buying (Volume Discounts) allows two or more wholesale distributor companies to pool their resources together in order to buy in bulk and enjoy better deals.

Thanks to platforms such as www.globalgpo.com it is now very easy to join Group Buying. Our Group Buying works in Volume Purchasing. This means as our membership utilize the discounts the level of discounts increase to the customer. You don’t need to look for an organization to join, these platforms make it possible to join another company albeit remotely to combine needs and leverage negotiating strength. When you join GPO, you will improve your contractual strength and have access to best prices, best technologies, and even best services.

There are several reasons why you should consider our GPO. Some of these benefits include:

  1. Enjoy Economies of Scale (Purchasing Power)

You will definitely enjoy scale economy when you pool resources together with other companies to buy in larger quantity. Volume Purchasing allows you to enjoy scale economy which would not have been possible when you purchase alone as a company.

  1. Enjoy Lower Prices

Businesses offer a discount when you purchase in bulk. Volume Purchasing allows you (and the members of the group) to negotiate lower prices. You as the wholesale distributor can discount your particular goods or services over 35% when you join a GPO.

  1. Reduce Cost of Transaction

You can effectively simplify your procurement process and reduce the cost of the transaction by joining our GPO. This process makes it easier to enjoy lower per unit cost on goods/services and also lower per-transaction costs. These benefits are as a result of reduced number of contracts to be negotiated, processed, and managed.

  1. Reduction in Workload

You can reduce workload when you allow a third party to do negotiation and procurement on your behalf. This makes it easier to streamline the procurement process while you focus on other core parts of your business.

  1. Network and Grow

Volume Discounts allows you to network with other companies in the wholesale industry. In most cases, it provides you an opportunity to network and collaborate with more experienced companies in your industry. It also brings together different professionals in multiple industries together and allows them to learn and help each other.

Naturally, eProcurement can provide you best opportunity to grow your business beyond the present level. You can easily reduce the cost and speed of procurement. Fortunately, www.globalgpo.com now makes it extremely easy to find and collaborate with other companies.

HOW CAN WE JOIN AND PARTICIPATE IN THE GPO AND ITS PROGRAMS AND SERVICES?

 Qualifying manufacturers must register to participate and may join in a matter of minutes online. There are many ways to join:

1. Visit the join/signup section of this website to review member benefits and complete an online application; download our printable participate form or
2. Simply participate in our programs and services. Your membership is automatically activated when a purchase
3. Orders are executed through our contracts. When this happens, the Cooperative will get in touch with your organization, so you can supply us with the necessary organizational and contact information.

HOW DOES A BUYER MEMBER PURCHASE USING THE GPO CONTRACT?

After membership has been established, the member contacts the approved vendor directly for specific product, service, ordering, delivery and billing information. The GPO and affiliate monitors contract compliance by the vendor to ensure a high level of service, quality of goods and customer service are being delivered to the member. Prior to executing the purchase order, it is the member's responsibility to review and accept the general terms and conditions of the specific Request for Proposal (RFP) of interest and to execute the purchase order directly with the awarded vendor. 

CAN WE GET MORE THAN JUST COST SAVINGS ON PROCUREMENT?

Yes.  We have contracted with Employee Healthcare Group plans Employee Financial Group plans and Employees Group Benefit plans (Incentive & Discounts).

WHAT ARE SOME VALUE ADDED SERVICES?

Greater savings, more quickly and for longer

  • Reduced risk
  • Streamlined and cost-effective procurement
  • Products and services for optimized supply chain management
  • Increased spend influence and savings

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