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What is a Buying group?
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A buying group is a group of people who help each other with business concerns such as purchasing and other company responsibilities. Group purchasing organizations (GPOs) or group purchasing collectives are terms used to describe buying groups that specialize in group purchasing
A buying group is suitable for you if you own a small, independent firm. Stationery supplies, vehicle purchases, healthcare, computer equipment and hardware, consumables, and a variety of other goods, services, and sundries are all available through these GPOs.
Some GPOs cater to all small businesses, while others focus on specialized industries. Group Purchasing Organizations (GPOs) have established themselves as valuable purchasing resources.
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