Why Join a GPO!
A Group Purchasing Organization, or GPO, is business entity that takes the
buying power of many small businesses and uses that synergy to obtain wholesale
pricing for its members. When it comes to United Pharmacy Network, we are a
GPO for independent pharmacies across the country. We believe that nothing is
more important in a town’s community than the trusted local pharmacist. These
hard working and caring men and women serve their communities well, and we are
here to help them. So, if you are a pharmacist that has not heard of a GPO yet, then
it is time to jump in!
Some main benefits to a GPO such as UPN:
A GPO’s primary role is to negotiate product prices with manufacturers,
wholesalers, and vendors on behalf of pharmacies.
∙When it comes to UPN, we fight on behalf of pharmacies to obtain the
best possible pricing from drug distributors such as Kinray and
Cardinal.
∙UPN has a large list of vendors. We have from snack food vendors to
toy vendors. Our members have exclusive wholesale pricing to such
products that can help their front-end sales.
∙Our members are seeking the best possible pricing on medications, and
we negotiate with the distributors and “price-match” to keep the
independent pharmacist’s shelves stocked with meds at competitive
prices.
∙The more meds purchased through the “filter” of our GPO, the more
money back we pay our members in the form of rebates.
Why UPN is the right GPO for you:
∙When choosing a GPO, there are many things to take into consideration. The
first thing to consider; size. UPN has nearly 500 members pharmacies across
the country. That makes us not too big, and not too small.
∙Next to consider, customer service. UPN takes pride on its personal touch.
With a dedicated staff in its main office in Mendham, NJ, UPN maintains a
close relationship with all its members. We reach out to our pharmacy
members to update them on things such as their monthly performance and
sales numbers. However, we also discuss things like front-end sales,
demographics, negotiations, and price matching.
∙Finally, you want a GPO that “gets you.” Our founder, Sam Maddali has been
in the independent pharmacy industry for a long time. He has successfully
opened and sold pharmacies in the New York and New Jersey area. Sam
knows the value of an independent pharmacy as well as the “mom and pop
shops” that make any community great.
UPN is Accountable!
∙When choosing a GPO, you want one that you can trust. There are
many GPOs for pharmacy out there, but UPN is by far, the most
transparent.
Joining a GPO is like joining a team of businesses that you aren’t competing with.
They may be in the same industry, but they are working with you, not against you.
With no membership fees, a wealth of industry knowledge and experience, and the
relationship that comes with joining UPN, is worth a lot of money. A GPO like UPN
will help you compete with the large pharmacy chains, because we unite
independent shops in order to wield that buying power on the behalf of our
members. So, if you are currently going it alone, it is time to join UPN’s GPO,
because we don’t just care for the independent pharmacist, we started as one too.
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