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What Is a GPO?

Learn How Group Purchasing Organizations Can Support Your Business Goals

Group Purchasing Organizations (GPOs), like Foodbuy Hospitality, play a crucial role in the foodservice and hospitality industry. They leverage their combined purchasing power and volume to secure best-in-class pricing on products and services for their customers. This helps operators gain access to competitive pricing and exclusive products and services, while also streamlining contract management and saving time.

Read on to learn how a group purchasing organization can support your operation.

Competitive Pricing

Most companies partner with a GPO to save money on procurement. GPOs leverage the spend of their Member companies to obtain better pricing on goods and services directly from manufacturers. For example, Foodbuy Hospitality Members gain access to everything from kitchen equipment to bulk food programs.

Additionally, Foodbuy Hospitality is able to negotiate with each supplier, connecting Members with benefits and reliable support.

Time-Saving Benefits

When working with a GPO, businesses can save time and resources on tasks both big and small. From managing supplier contracts to identifying new product options, Foodbuy Hospitality can ensure your business’s time is well-spent.

Exclusive Products and Services

GPOs can use their negotiating power to facilitate agreements with suppliers that provide businesses access to products and services that might otherwise be exclusive or offered at a higher rate. By having access to these services or products, your business gains a competitive edge, empowering you to stay ahead of others in the same industry.

Make a Positive Change for Your Business

A group purchasing organization does the heavy lifting for companies by ensuring cost reduction, time efficiency, access to exclusive products and services, and contract management. Using its negotiating power, Foodbuy Hospitality takes care of its Members by providing access to high-quality suppliers so your guests have the best experience possible.

Become a Member of Foodbuy Hospitality today!