A Group Purchasing Organization (GPO) is an entity that is created to leverage the purchasing power of a group of businesses to obtain discounts from vendors based on the collective buying power of the GPO members. 

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GPOs are commonly used in industries such as healthcare, colleges/universities, K-12 public/private schools, hotel/resorts, casino, restaurants, entertainment venues, religious organizations, and corporate procurement. 

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Key features of a GPO include:

1. Collective Bargaining: By pooling the purchasing needs of multiple members, GPOs can negotiate better prices and terms with suppliers than individual members could achieve on their own.
   
2. Cost Savings: Members of a GPO benefit from lower prices, which can lead to significant cost savings on supplies and services.
   
3. Efficiency: GPOs often streamline the purchasing process, making it easier and more efficient for members to acquire needed goods and services.
   
4. Contract Management: GPOs handle the negotiation and management of contracts with suppliers, saving time and administrative resources for their members.
   
5. Access to a Wide Range of Products and Services: GPOs typically have contracts with a variety of suppliers, giving members access to a broad selection of products and services.

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Bonus:  Most are free to use.  Ours is!