Tag: auction

GPO's (Group Purchasing Organizations) have been around for around ten years primarily in the medical market.The basic notion of a GPO is a group of companies can come together and buy products cheaper than any single company can.This model may or might not be beneficial for your Coca-Cola's, Wal-Mart's, or Johnson & Johnson's of the world, but they're terrific for the small to medium size business because they allow the little guys to purchase their goods on the discount amount of one of these massive corporations...