It’s no secret, group purchasing organizations are beneficial to every procurement leader and their sourcing strategies. CoVest’s strategic partner, A.T. Kearney has given five compelling reasons why.
Procurement organizations are often faced with the difficult question, “Where can we find savings?” They are then tasked with overseeing spend categories and determining where they can save time AND resources. It can be a daunting task, however there is wealth of knowledge procurement leaders could be tapping into to make their workload lighter.
More and more companies are coming to the realization that group purchasing organizations can help procurement leaders address more spend while also using less time and resources to do so. By leveraging the purchasing power of a group, GPOs are able to obtain pricing and terms that individual organizations may not achieve on their own. This is accomplished with their expert resources, leaving you to focus YOUR resources elsewhere.
CoVest’s strategic partner, A.T. Kearney has given five compelling reasons why GPOs Are a Good Way To Go. Find out how using a GPO can be a strategic way to drive more value through collaborating beyond corporate boundaries.
What’s the right balance of sourcing soltuions for your organization?
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