Unlocking B2B Procurement Potential: The Transformative Power Of Digitalization In GPOs (with abstract)
| Unlocking B2B Procurement Potential: The Transformative Power Of Digitalization In GPOs (with abstract) | |
|---|---|
| Published By | Forbes Articles |
| Publish Date | May 3, 2024 |
| Authors | Evgeny Grigul |
| Topics | eProcurement |
| Statistics | |
| Article Size | words |
| Diagrams | No |
| Downloadable Version | No |
| Reviewers | |
| Page Owner | Nikolay Sidelnikov |
| Summary Author | Nikolay Sidelnikov |
Abstract
The article Unlocking B2B Procurement Potential: The Transformative Power Of Digitalization In GPOs discloses the value that acquiring of marketplace technologies open for group purchasing organizations (GPOs). Though the collective purchasing segment is lagging in digital commerce compared with the B2B marketplaces segment, this gap is narrowing.
The article explains the collective purchasing business model, different GPO monetization models, and current competition between GPOs and B2B marketplaces.
The article is intended for B2B buyers who would benefit from GPOs' upcoming massive acquisition of digital commerce technologies and gives them some recommendations.
Full article text: https://www.forbes.com/councils/forbestechcouncil/2024/05/03/unlocking-b2b-procurement-potential-the-transformative-power-of-digitalization-in-gpos/
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