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Optimizing Your GPO to Reduce Procurement Risk

Learn how joining a group purchasing membership can help reduce your procurement risk. You will be exploring opportunities for cost savings, improved ideas for products and services, on-time delivery, and improved quality by considering group purchasing membership. We will also be covering the pros and cons of GPOs, as well as their evolution and their role in procurement. You will gain an understanding how GPOs work and how to source providers. This topic explores how to make the most of these organizations. Group purchasing organizations were created to help organizations such as yours to pool their purchasing power to secure significant discount on all supplies. Find out how they can help you.


Runtime: 98 minutes
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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Group Purchasing Organization Role in Procurement

  • Co-Ops
  • Consortium
  • Purchasing Group
  • Collective
  • Coalition
  • Leveraged Procurement Group
  • Leverage of Combined Purchasing Power of Membership

Evolution of GPOs

  • Healthcare
  • Education

Benefits

  • Cost Savings
  • Collaboration
  • Strategic Focus

Challenges of GPOs

  • Products
  • Services
  • Source Management

Industries

  • Healthcare
  • Government
  • Vertical Market
  • Nonprofit
  • Industry

The Mechanics of GPO Management

  • GPO Perspective
  • Membership

Sourcing a GPO

  • Indirect Spend
  • Direct Spend

Steps in Making the Most of GPO Membership

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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Webinar

This course was last revised on March 26, 2018.

Call 1-866-352-9540 for further credit information.

  • ISM 1.5
     
  • Participants who successfully complete this program will receive 1.5 hours of continuing education. They may be applied toward ISM CPSM, CPSD or C.P.M. recertification. ISM's consent to approve hours for this educational event is not an endorsement of this program or its content by ISM.
     

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Audio & Reference Manual

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

MP3 Download

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Marilyn Gettinger

Marilyn Gettinger

New Directions Consulting Group

  • Owner of New Directions Consulting Group
  • Developer and presenter of programs that educate participants on how to improve supply and logistics processes
  • Conducts regular seminars and workshops on Supply Chain Management including Logistics, Supply Management Logistics, Inventory Management, Importing and Exporting
  • Author of Supply Chain Management and Total Cost of Ownership
  • Member of APICS and Director of Education of the Institute for Supply Management-New Jersey Affiliate
  • Can be contacted at [email protected] or 908-709-0656
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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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Product ID: 401668
Published 2018
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