Unleashing the Power of Group Purchasing in Your Supply Chain

Send me a messageIn this engaging episode of the Digital Supply Chain podcast, I, Tom Raftery, had the opportunity to speak with James Hallock, Chief Revenue Officer and Interim CEO at CoreTrust, a Group Purchasing Organization (GPO) with over 2,800 members and more than 150 contracts across numerous categories of indirect spend.James shares his insights on how GPOs work and the benefits they provide to their members by leveraging the collective purchasing power. We delve into the role of GPOs in driving sustainable practices and the importance of supplier relationships. James also clarifies some common misconceptions about GPOs, emphasizing that they are not just for smaller companies, but can bring value to larger organizations as well.Key topics discussed in this episode include:An introduction to Group Purchasing Organizations (GPOs) and their role in procurementHow GPOs help businesses save money and streamline their supply chain processesThe role of sustainability in GPOs and the impact on supplier relationshipsDebunking misconceptions about GPOs and their target audienceDon't miss this informative conversation with James Hallock, where we explore the world of GPOs and their impact on the digital supply chain.Join us and be sure to subscribe to the Digital Supply Chain podcast for more insightful discussions on technology, sustainability, and the future of supply chains.Don't forget you can also check out the video version of this podcast on YoutubeSupport the showPodcast supportersI'd like to sincerely thank this podcast's generous Subscribers:Alicia FaragKieran OgnevGary LynchAnd remember you too can become a Resilient Supply Chain+ subscriber  - it is really easy and hugely important as it will enable me to continue to create more excellent episodes like this one and give you access to bonus episodes of topical, timely supply chain resilience analysis.🎤 Looking for a keynote speaker on supply chain resilience, AI, and sustainability?I help leaders understand the forces reshaping global supply chains, from geopolitical disruption and climate risk to AI and real-time decision-making. Download my Speaker Pack: https://tinyurl.com/spkrpckFinallyIf you have any comments/suggestions or questions for the podcast - feel free to just send me a direct message on LinkedIn, or send me a message using this link.If you liked this show, please don't forget to rate and/or review it. It makes a big difference to help new people discover it. Thanks for listening.