An organization that combines the purchasing power of multiple member organizations to negotiate favorable pricing, contract terms, and purchasing agreements with suppliers. Group purchasing organizations are commonly used in sectors such as healthcare, education, and public services to reduce procurement costs and improve purchasing efficiency.
Group Purchasing Organization (GPO)
An organization that combines multiple members' purchasing power to negotiate better pricing and contract terms with suppliers.
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BD, capture and proposal alignment is something most organizations believe they already have, until a deadline exposes where it breaks. At WPS, a Health Solutions Company, the three functions were moving in parallel but not in sync, and the cost was showing up long before anyone started writing.
Casual drinks with the people who win federal business. Alongside AFCEA LA Space Industry Days.
Related Glossary Terms
The official compilation of permanent U.S. federal laws, providing the statutory basis for many contracting requirements.
A global classification system used to categorize products and services for procurement and spend analysis.
A unique 12-character identifier assigned via SAM.gov to organizations doing business with the federal government, replacing the DUNS number.
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