PurchasingPoint Group Purchasing Volume by Members Increased Estimated 10 Percent in 2014
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PurchasingPoint®<%2Fa>,%20the%20only%20group%20purchasing%20organization%20in%20the%20nonprofit%20marketplace%20focused%20solely%20on%20the%20needs%20of%20large%20national%20nonprofit%20human%20services%20organizations%20and%20their%20affiliates,%20announced%20that%202014%20produced%20the%20highest%20member%20purchasing%20volume%20—%20totaling%20$66%20million%20and%20up%20an%20estimated%2010%20precent%20from%202013%20—%20in%20its%2010-year%20operating%20history.%20The%20activity%20reflects%20the%20discount%20purchasing%20of%20approximately%204,500%20nonprofit%20networks%20and%20affiliates,%20as%20well%20as%20a%20large%20national%20foundation%20and%20multiple%20nonprofit%20associations,%20which%20resulted%20in%20an%20average%20savings%20of%2033%20percent%20on%20products%20ranging%20from%20office%20supplies%20to%20travel%20services.%0D%0A%0D%0Ahttps%3A%2F%2Fwww.nonprofitpro.com%2Farticle%2Fpurchasingpoint-group-purchasing-volume-increased-estimated-10-percent%2F" target="_blank" class="email" data-post-id="3404" type="icon_link">
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In fact, there is promising news on the horizon. According to the 2014 State of the Nonprofit Sector Survey administered by the Nonprofit Finance Fund, 31 percent of nonprofits say they will change the primary ways in which they raise and spend money over the next 12 months. PurchasingPoint® expects to see continued growth in group purchasing due to the changing mindset of the nonprofit manager.
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