Question: A purchasing consortium, or group purchasing organization ( GPO ) : a . is a form of collaborative purchasing used only by the public sector
A purchasing consortium, or group purchasing organization GPO:
a
is a form of collaborative purchasing used only by the public sector to deliver a wider range of services at a lower total cost.
b
speeds up the purchasing process, but does not usually result in price concessions from suppliers.
c
results in only price concessions from suppliers, and usually does not standardize the purchasing process.
d
consists of two or more divisions of the same organization that combine requirements for materials, services, and capital goods to gain better pricing, service, and technology.
e
consists of two or more independent organizations that combine requirements for materials, services, and capital goods to gain better pricing, service, and technology.
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