Imagine following a proven framework to simplify the procurement process, ensure compliance, save a considerable amount of time, and access better pricing from vendors in different categories. All of this is possible through the Power of Group Purchasing.
Recently, Premergency Inc. was awarded a cooperative contract by Kinetic GPO. This means that more organizations within the MASH (Municipal, Academic, School, and Hospitals) sector can benefit from the advantages of Group Purchasing.
Let’s break it down to basics to understand how your organization can benefit from this partnership.
What is a Group Purchasing Organization (GPO)?
A GPO understands the needs and requirements of its members and takes care of the procurement process. Based on purchasing volume, it negotiates better pricing from vendors, ensures compliance with several standards and policies, and overall, offers the best value through incentives and collaboration.
What are the benefits of being part of a GPO?
Kinetic GPO provides a detailed breakdown of the benefits of working with a GPO. But here is a quick summary:
As required by the Canadian Free Trade Agreement (CFTA), all contracts must be fair, “open and transparent.”
Contracts are awarded using a competitive solicitation process consistent with Chapter 5 of the Canadian Free Trade Agreement (CFTA) and other international trade agreements, including the Canada-EU Comprehensive Economic and Trade Agreement (CETA).
Kinetic GPO works with their awarded suppliers -like Premergency- in training on compliance and public sector procurement needs.
It is no secret that procurement teams must manage many contracts and deal with long solicitation processes.
Group Purchasing makes this process easy and simple by doing the work for you. A GPO will thoroughly evaluate the supplier and will select the best options for its members. This way, you are sure that the supplier you partner with has gone through a comprehensive, fair, and public bidding process -that you won’t have to do anymore.
As said by Kinetic:
One of the most powerful benefits of Group Purchasing Organizations is aggregated national pricing. This means that even the smallest of public agencies get the same buying power and contracts as a large province. This can help any entity’s budget because the money you save by using a GPO can be spent in other critical areas.
GPOs will ensure the value of their contracts through periodic evaluations, feedback, and active contract management. Members can benefit from a multi-year contract with a price guarantee.
Who is Kinetic GPO?
Kinetic GPO is a Group Purchasing Organization that helps the Canadian Broader Public Sector and MASH entities realize saving and take advantage of the benefits mentioned above through purchasing volume.
Through competitive public tender processes, management, and relationship building, Kinetic has established and continues to better discounts and contracts on behalf of its members.
How does this partnership work?
This is the easy part of an already very easy process. As a proactive partnership -meaning, the heavy lifting has been done and it is maintained by productive initiatives and management- Kinetic GPO and Premergency have everything ready to go.
If your organization would like to take advantage of these benefits, you can:
- Contact Premergency directly and let us know you are interested. From there, if you are not a member of Kinetic GPO, you can sign up FOR FREE. There are no fees to become a member. If you are a member, we follow the established agreement and provide the service requested.
- Contact Kinetic GPO, and they will guide you through a simple process to become a member or to start working together.
In both cases, all the parties are involved and working together towards better service and experiences.
Who is eligible to take advantage of this partnership?
Every entity within the Public Sector and MASH (Municipal, Academic, Schools, and Hospitals) can apply for these benefits.
- School Districts & Boards
- Cities & Municipalities
- Charitable Organizations
- Colleges & Universities
- Water Authorities
- Police & Fire Depts.
- Parks & Recreation
What does this partnership include?
This cooperative contract awarded to Premergency focuses on providing the best value through our Learning Management System – ALEN. Although, the full scope of Premergency services, including Course Development, SaaS Development and Training Programs are available to members.
There are many benefits beyond the ones mentioned in this article. Working with two organizations focused on efficiency, simplicity, and quality provides a valuable opportunity to establish better frameworks and achieve your goals.
If you would like to learn more about the Power of Group Purchasing or about this partnership, just send us a message with your questions.