Recent news reports point to an increase in wholesale prices nationwide due to a greater than expected increase in US producer prices in March 2018. This means that the cost of doing business for our partners in healthcare, hospitality, business and industry, and more just became costlier. The economy saw increased prices for food and services, like outpatient services, making it even more expensive for hospitals to treat patients. Increasing prices combined with a new study from the NFIB Research Foundation shows the impact this has on small businesses, who face the possibility of having to raise selling prices as a way to cope with these outside factors.
How a Group Purchasing Organization Can Keep Your Feed Costs Low
While this is a national issue, there are ways you can go about trying to fight the hike. Joining a group purchasing organization (GPO) like Pandion can help protect you from some of these increases in price. By leveraging the purchasing volume of our thousands of members, we can keep costs lower than if you were purchasing supplies and services on your own.
As an owner and Certified Sponsor of Premier Inc., Pandion can guard its members against price volatility and stay below the consumer price index. Check out the stats below and contact an account representative for more information. We would be happy to compare costs for you and get you started with Pandion’s portfolio of products, which range from maintenance supplies to medical surgical supplies, hospitality supplies and more.