Group Purchasing Entities (GPOs) are powerful tools that enable healthcare providers to enhance their purchasing strength. By pooling resources, GPO members can negotiate favorable prices and contracts with suppliers for a wide range of medical supplies, equipment, and services. This collective bargaining method allows healthcare providers to reduc… Read More

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Technology can significantly improve conversation between companies in a supply chain, thereby increasing coordination across its distinct interconnected phases. The financial theory of supply and demand from customers demonstrates the connection between the availability, or supply, of a certain product or service and also the need or need for it … Read More