What is a Group Purchasing Organization (GPO)?
A Group Purchasing Organization (GPO) brings together the purchasing power of multiple businesses to negotiate better pricing, terms, and service from suppliers.
At ProcuRET, we specialize in tailored GPO programs for real estate owners and operators, helping you reduce costs, streamline procurement, and unlock stronger supplier relationships across a wide range of spend categories.
How ProcuRET Works for You
Step 1: Analyze Your Current Spend
We start by reviewing your existing contracts and procurement data to understand your purchasing behavior and identify opportunities at the category level.
Step 2: Identify Savings Opportunities
We compare your current terms with our pre-negotiated supplier agreements to uncover cost savings and service improvements.
Step 3: Customize Your Solution
We negotiate on your behalf to secure the best pricing and terms. You receive a fully tailored solution, backed by ProcuRET’s ongoing support and spend analytics.
The ProcuRET Model
Here’s how value flows through our network of members, suppliers, and our team.
ProcuRET's Role
With Members:
- Onboard new members and help implement supplier deals
- Track purchasing performance and compliance
- Report data and manage volume rebates
With Suppliers:
- Negotiate contracts with favorable pricing and service levels
- Onboard suppliers into the ProcuRET network
- Monitor supplier compliance and performance
🎯Member Benefits at a Glance
💰 Lower Costs through collective buying power
🛠️ Streamlined Procurement with pre-vetted vendors
🤝 Stronger Supplier Relationships with dedicated support
📊 Full Transparency with tracked spend and rebate reporting
📈 Improved Operational Efficiency across categories