CoreTrust Partners with ODP Business Solutions
CoreTrust, a leading group purchasing organization (GPO), has announced an exciting new partnership with ODP Business Solutions, a prominent supplier known for its comprehensive workplace solutions. This union is set to significantly benefit the over 3,500 members of CoreTrust by providing enhanced savings on indirect spending through an expanded network of suppliers.
In a recent press release, CoreTrust highlighted that this collaboration will enable its members to access high-quality products and services from ODP, which include workplace essentials such as technology, office interiors, breakroom supplies, as well as print and promotional items. Through this partnership, CoreTrust aims to not only amplify its service offerings but also reinforce its commitment to delivering exceptional value to its members.
Mahesh Shah, CEO of CoreTrust, emphasized the importance of this alliance by stating, "CoreTrust is a 'must-have' for procurement professionals seeking savings in indirect spend and great service from suppliers." He believes that collaborating with ODP Business Solutions will solidify CoreTrust's stature as a trusted partner for procurement needs.
The Benefits of Partnership
Both CoreTrust and ODP aim to create a win-win scenario. ODP Business Solutions brings over 30 years of expertise in the industry, which complements CoreTrust’s established influence among Fortune 1000 companies. This partnership allows ODP to access CoreTrust's valued business member base and create new savings opportunities, while CoreTrust leverages ODP’s robust supply chain and diverse product range.
CoreTrust stands out for its aggregated purchasing power, enabling members to obtain pricing and terms that surpass what they could achieve alone. With an impressive annual consolidated spending of over $7 billion, it is not uncommon for CoreTrust members to witness an average savings of 20% on indirect expenditures, which can significantly impact their bottom line.
David Centrella, Executive Vice President of The ODP Corporation and President of ODP Business Solutions, expressed excitement regarding the collaboration. He stated, "CoreTrust has tremendous reach and is known as one of the top aggregators in the business for Fortune 1000 companies. We are honored to leverage our portfolio of products and solutions, and our global supply chain as a new CoreTrust supplier to provide high-value offerings to members."
A Future of Savings and Efficiency
This partnership comes as CoreTrust encourages other businesses to explore the numerous advantages of joining its procurement network. With zero membership fees, companies can gain immediate access to pre-negotiated supplier contracts, thorough spend analyses, tailored recommendations, and a seamless onboarding experience. This initiative has enabled numerous organizations to unlock substantial cost savings and improve their operational efficiency.
CoreTrust's philosophy hinges on empowering businesses to maximize their purchasing capabilities through a digital marketplace known as the CoreTrust Experience Platform (CXP). This platform offers curated contracts and actionable insights to bolster informed procurement decisions.
With CoreTrust continuously striving toward expanding its member services and enhancing savings, both existing and prospective business members are encouraged to learn more about the organization and explore the benefits of membership. The CoreTrust team is committed to aiding businesses in navigating the complex landscape of purchasing, ultimately helping them achieve remarkable growth and profitability.
For additional details about CoreTrust and to gain insights into their offerings, visit
www.coretrustpg.com.
Conclusion
CoreTrust's partnership with ODP Business Solutions symbolizes a strategic move to foster an environment of savings and streamlined purchasing processes for its members. In an ever-evolving marketplace, collaborations such as these are pivotal for businesses looking to stay competitive and thrive. As these companies join forces, the procurement landscape is set for transformation, paving the way for smarter and more cost-effective solutions.