Tuesday, March 16, 2021

Why Go it Alone? Consider Joining a GPO for Hotels

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

service providers?

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.

Click here to return to TableBoost.com

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