What is Group Purchasing Organization (GPO)?

This video is about " what is a group purchasing organization or GPO?"

In the United States, a group purchasing organization is an entity or platform that allows any business to join a group of other buyers who are interested in the same products and services. By joining a GPO, you’re able to leverage the collective buying power of a group of businesses to get discounts from vendors, meaning you can take advantage of those larger discounts without actually purchasing more.
Topics I have discussed in this video are,
1. what is a group purchasing organization?
2. Why group purchasing?
3. How GPO makes money?
4. There are two types of GPOs. Vertical GPOs and Horizontal GPOs.
5. group purchasing organization healthcare.

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