Leverage your buying power. In a group purchasing program, individual businesses combine their wholesale buying efforts to achieve more favorable pricing and terms. This increase in purchasing volume and consolidation of orders streamlines purchasing in the supply chain. Economies of scale holds true: the larger the volume, the cheaper the cost and the greater the efficiency is for both parties. JCM First Venture can manage group purchasing programs across a wide range of industries.

Business Efficiency - A Universal Language
Group purchasing organizations have been around for over 100 years and are most prominent in the medical industry. In fact, over 96% of hospitals in the United States use GPO contracts; they are considered the unsung heroes of healthcare, saving an estimated $36 billion for participating organizations. By utilizing GPOs, hospitals are able focus resources on their core business, which is providing outstanding healthcare to their patients. Efficient and effective, see how JCM First Venture’s GPO program can help your business.