What Does GPO Stand For?
GPO stands for Group Purchasing Organization
A Group Purchasing Organization (GPO) is a cooperative buying entity that leverages the collective purchasing power of its members to negotiate better prices and terms from suppliers. By aggregating demand across multiple organizations, GPOs enable members to access cost savings, streamline procurement processes, and enhance operational efficiency in various sectors, including healthcare, education, and business services.
Added on 27th September 2008 | Last edited on 16th June 2025 | Edit Acronym