CoreTrust Secures Agreement with ODP Business Solutions to Deliver New Offerings to Members
CoreTrust, a leading group purchasing organization (GPO), has announced a partnership with ODP Business Solutions, a division of The ODP (NASDAQ: ODP), to enhance savings opportunities for its 3,500+ business members. The agreement focuses on providing access to ODP's workplace solutions, including interiors/furniture, technology, breakroom supplies, and print/promotion services.
CoreTrust, which manages over $7 billion in annual aggregated spend, typically helps members achieve an average 20% savings on indirect spend. Through this collaboration, ODP Business Solutions gains access to CoreTrust's valuable business member base, while CoreTrust members benefit from ODP's 30-year expertise and strong supply chain capabilities.
The partnership reinforces CoreTrust's position as a procurement leader, offering free membership, pre-negotiated supplier contracts, spend analysis, and streamlined onboarding processes for organizations seeking cost efficiency.
CoreTrust, un importante gruppo di acquisto (GPO), ha annunciato una partnership con ODP Business Solutions, una divisione di The ODP (NASDAQ: ODP), per migliorare le opportunità di risparmio per i suoi oltre 3.500 membri aziendali. L'accordo si concentra sulla fornitura di accesso alle soluzioni per il posto di lavoro di ODP, inclusi interni/mobili, tecnologia, forniture per il breakroom e servizi di stampa/promozione.
CoreTrust, che gestisce oltre 7 miliardi di dollari in spese annuali aggregate, aiuta tipicamente i membri a raggiungere un risparmio medio del 20% sulle spese indirette. Attraverso questa collaborazione, ODP Business Solutions guadagna accesso alla preziosa base di membri aziendali di CoreTrust, mentre i membri di CoreTrust beneficiano dell'esperienza trentennale di ODP e delle sue solide capacità nella catena di approvvigionamento.
La partnership rafforza la posizione di CoreTrust come leader nell'approvvigionamento, offrendo un'iscrizione gratuita, contratti con fornitori pre-negoziati, analisi delle spese e processi di onboarding semplificati per le organizzazioni in cerca di efficienza dei costi.
CoreTrust, una destacada organización de compras grupales (GPO), ha anunciado una asociación con ODP Business Solutions, una división de The ODP (NASDAQ: ODP), para mejorar las oportunidades de ahorro para sus más de 3,500 miembros empresariales. El acuerdo se centra en proporcionar acceso a las soluciones de lugar de trabajo de ODP, incluyendo interiores/muebles, tecnología, suministros para la sala de descanso y servicios de impresión/promoción.
CoreTrust, que gestiona más de 7 mil millones de dólares en gastos anuales agregados, típicamente ayuda a los miembros a lograr un ahorro promedio del 20% en gastos indirectos. A través de esta colaboración, ODP Business Solutions obtiene acceso a la valiosa base de miembros empresariales de CoreTrust, mientras que los miembros de CoreTrust se benefician de la experiencia de 30 años de ODP y de sus sólidas capacidades en la cadena de suministro.
La asociación refuerza la posición de CoreTrust como líder en adquisiciones, ofreciendo membresía gratuita, contratos con proveedores pre-negociados, análisis de gastos y procesos de incorporación simplificados para organizaciones que buscan eficiencia en costos.
CoreTrust는 주요 단체 구매 조직(GPO)으로서 ODP 비즈니스 솔루션과 파트너십을 체결했다고 발표했습니다. ODP 비즈니스 솔루션은 The ODP의 한 부문으로 (NASDAQ: ODP) 3,500명 이상의 비즈니스 회원을 위한 절약 기회를 향상시키기 위해 협력합니다. 이 협약은 ODP의 직장 솔루션에 대한 접근을 제공하는 데 중점을 두며, 여기에는 인테리어/가구, 기술, 휴게실 용품 및 인쇄/프로모션 서비스가 포함됩니다.
연간 집계된 지출이 70억 달러 이상인 CoreTrust는 일반적으로 회원들이 간접비 지출에서 평균 20%의 절감을 달성하도록 돕습니다. 이 협력을 통해 ODP 비즈니스 솔루션은 CoreTrust의 귀중한 비즈니스 회원 기반에 접근하게 되며, CoreTrust 회원들은 ODP의 30년 경험과 강력한 공급망 역량의 혜택을 누리게 됩니다.
이번 파트너십은 CoreTrust의 조달 리더로서의 입지를 강화하며, 비용 효율성을 추구하는 조직을 위해 무료 회원가입, 사전 협상된 공급업체 계약, 지출 분석 및 간소화된 온보딩 프로세스를 제공합니다.
CoreTrust, un groupe d'achat leader (GPO), a annoncé un partenariat avec ODP Business Solutions, une division de The ODP (NASDAQ: ODP), pour améliorer les opportunités d'économies pour ses plus de 3 500 membres d'affaires. L'accord se concentre sur l'accès aux solutions de lieu de travail d'ODP, y compris les intérieurs/mobiliers, la technologie, les fournitures de salle de pause et les services d'impression/promotion.
CoreTrust, qui gère plus de 7 milliards de dollars de dépenses annuelles agrégées, aide généralement ses membres à réaliser une économie moyenne de 20 % sur les dépenses indirectes. Grâce à cette collaboration, ODP Business Solutions accède à la précieuse base de membres d'affaires de CoreTrust, tandis que les membres de CoreTrust bénéficient de l'expertise de 30 ans d'ODP et de ses solides capacités en matière de chaîne d'approvisionnement.
Le partenariat renforce la position de CoreTrust en tant que leader en approvisionnement, offrant une adhésion gratuite, des contrats de fournisseurs pré-négociés, des analyses de dépenses et des processus d'intégration simplifiés pour les organisations recherchant l'efficacité des coûts.
CoreTrust, eine führende Einkaufsorganisation (GPO), hat eine Partnerschaft mit ODP Business Solutions, einer Division von The ODP (NASDAQ: ODP), angekündigt, um die Einsparmöglichkeiten für ihre über 3.500 Geschäftspartner zu verbessern. Die Vereinbarung konzentriert sich darauf, Zugang zu den Arbeitsplatzlösungen von ODP zu bieten, einschließlich Innenausstattung/Möbel, Technologie, Pausenraumbedarf und Druck-/Promotionsdienstleistungen.
CoreTrust, das über 7 Milliarden Dollar an jährlichen Gesamtausgaben verwaltet, hilft den Mitgliedern typischerweise, durchschnittlich 20% Einsparungen bei indirekten Ausgaben zu erzielen. Durch diese Zusammenarbeit erhält ODP Business Solutions Zugang zur wertvollen Mitgliedsbasis von CoreTrust, während die Mitglieder von CoreTrust von der 30-jährigen Expertise und den starken Lieferkettenfähigkeiten von ODP profitieren.
Die Partnerschaft stärkt die Position von CoreTrust als Beschaffungsführer und bietet kostenlose Mitgliedschaften, vorverhandelte Lieferantenverträge, Ausgabenanalysen und vereinfachte Onboarding-Prozesse für Organisationen, die Kosteneffizienz anstreben.
- Access to new revenue stream through 3,500+ CoreTrust members
- Expansion of B2B distribution network
- Strategic partnership with major GPO managing $7B annual spend
- None.
Insights
ODP has secured a potentially valuable B2B distribution channel through its new partnership with CoreTrust, a group purchasing organization (GPO) serving over 3,500 business members. This agreement positions ODP Business Solutions as a supplier within CoreTrust's network, creating access to organizations with
The strategic value of this partnership is multilayered. First, it provides ODP with an efficient customer acquisition pathway by tapping into a pre-aggregated network of procurement professionals actively seeking savings. This reduces ODP's sales acquisition costs while extending reach into enterprise accounts that might otherwise require significant resources to capture individually.
From a competitive standpoint, this agreement strengthens ODP's position against rivals like Staples Business Advantage and Amazon Business in the corporate procurement space. By embedding its offerings within CoreTrust's supplier portfolio, ODP gains defensive positioning within accounts and creates barriers to competitor entry.
The multi-category nature of the partnership is particularly noteworthy. Rather than just focusing on traditional office supplies, the agreement spans furniture, technology, breakroom supplies, and print/promotional services - allowing ODP to capture a broader share of corporate spend.
While financial terms weren't disclosed, even capturing a small percentage of CoreTrust's
CoreTrust has partnered with ODP Business Solutions to provide its 3,500+ members with greater savings on indirect spend through an expanded supplier network.
"CoreTrust is a 'must-have' for procurement professionals seeking savings in indirect spend and great service from suppliers," said Mahesh Shah, CEO of CoreTrust. "By partnering with ODP Business Solutions, CoreTrust strengthens its reputation as the trusted purchasing partner for indirect spend needs. It's the procurement industry's best-kept secret."
With over 30 years of expertise, ODP Business Solutions brings a strong supply chain and a diverse portfolio of workplace solutions to CoreTrust members. By partnering with CoreTrust, ODP Business Solutions not only creates new savings opportunities for CoreTrust members but also gains access to CoreTrust's valued business member base, creating a mutually beneficial collaboration between two market leaders.
CoreTrust leverages the aggregated buying power of its business members to secure competitive supplier pricing and contract terms that surpass what most organizations can achieve independently. With over
David Centrella, Executive Vice President of The ODP Corporation and President of ODP Business Solutions, shared his enthusiasm: "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 bring high-value offerings to members."
CoreTrust invites businesses to explore the benefits of joining its procurement network. With free membership, instant access to pre-negotiated supplier contracts, spend analysis and tailored spend category recommendations, and easy onboarding, CoreTrust has helped thousands of organizations achieve greater cost savings and efficiency. Learn more at www.coretrustpg.com.
About CoreTrust
Since 2006, CoreTrust has been a trusted group purchasing organization (GPO), helping businesses save on indirect spend, private equity firms improve portfolio performance, and suppliers drive growth. With
Members enjoy market-leading pricing and exclusive access to the CoreTrust Experience Platform (CXP), a digital marketplace with curated contracts and actionable insights for smarter procurement. Membership is free, offering unmatched savings and simplified solutions for managing indirect spend. Learn more at www.coretrustpg.com.
About ODP Business Solutions
ODP Business Solutions is a trusted partner with more than 30 years of experience working with businesses to adapt to the ever-changing world of work. From technology transformation, sustainability, innovative workspace design, cleaning and breakroom, and everything in between, ODP Business Solutions has the integrated products and services businesses need. Powered by a collaborative team of experienced business consultants, world-class logistics, and trusted brand names, ODP Business Solutions advances how the working world gets work done. For more information on ODP Business Solutions, visit www.odpbusiness.com.
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SOURCE CoreTrust
FAQ
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