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BUYING ORGANIZATIONS
GLOBAL Group Purchasing Organization Manufacturers (aka GLOBAL GPO MFG), a group purchase organization (GPO) leverages the purchasing power of its relationship with existing Cooperatives to significantly reduce your cost of acquisition and supply. The Cooperative lowers the cost of purchasing by:
- Lowering the up front purchase price through aggregated purchasing power
- Optimizing the procurement process by creating contracts that comply with applicable procurement standards
- Reducing the total cost of acquisition by leveraging the knowledge and expertise of members and supplier partners to establish best practices
- Providing additional financial benefits via distribution of patronage refunds