What is a Group Purchasing Organization (GPO) and how can it save you money?
First, a bit about GPOs. The concept started in the healthcare industry many years ago when independent healthcare providers formed third-party associations to leverage their collective purchasing power to get better prices and quality services from suppliers. The idea caught on and spread rapidly to other businesses, including foodservice operators. Today, GPOs account for nearly 25% of all foodservice purchases in the U.S., and a growing percentage of restaurants, adult day facilities and government facilities are joining as well. Team Four currently has thousands of members across the country and is growing.