Do you keep using the same suppliers year after year for upgrades like furnishings and home goods?
Do you take the time to get multiple price quotes on equipment, systems, kitchen items, appliances and
services? Do you sometimes feel powerless when trying to negotiate prices with suppliers and
Well, there’s good news; you don’t have to go it alone. Consider joining a Group Purchasing Organization
(GPO). A GPO leverages the collective buying power of its members to negotiate deep discounts and
rebates with thousands of suppliers and retailers. They are generally focused on particular industries
and there are lots of Hospitality GPOs to choose from. Some require purchasing a membership, but a
few are free.
In addition to big financial savings, there are other benefits to joining a GPO:
It will save time so you can focus on your core business
Most have specialists who track the latest industry trends
Most provide free cost analysis by category
Many offer multi-year price protection
If it’s time that you looked into joining a GPO, TableBoost has partnered with Source1, one of the best
Hospitality GPOs in the country — check out Source1 in the TableBoost Marketplace.
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