Creating value doesn't end as soon as you join a group purchasing organization. There are still steps your business can take to contribute to your value, even after a GPO has begun to manage a category.
Creating value doesn't end as soon as you join a group purchasing organization. There are still steps your business can take to contribute to your value, even after a GPO has begun to manage a category.
Eliminating upward margin creep with suppliers can both provide lasting savings and enable longer-term agreements to be signed confidently. It is not as difficult as you many think to accomplish such a feat; all you have to do is commit to create strategic relationships with suppliers. You can do this in 5 steps:
