In the current economic environment, nonprofit organizations are contending with rising operational expenses, inflation, staffing challenges, and evolving legislative requirements. These obstacles often divert focus from their core missions. Addressing these issues, a recent webinar led by Amanda Cole, editor-in-chief of NonProfit PRO and sponsored by OMNIA Partners, introduced collaborative purchasing solutions to alleviate nonprofit burdens.
Collaborative Purchasing: An Intelligent Procurement Approach
Corey Imhoff, VP of nonprofit at OMNIA Partners, describes collaborative purchasing as leveraging collective buying power to reduce costs and streamline procurement processes for various goods and services. This strategy enables nonprofits to save time, allowing them to concentrate more on their mission-driven activities.
By participating in cooperative purchasing, nonprofits access a wide array of contracts, products, and services. Melinda Pallotta, senior director at OMNIA Partners, explains that these contracts connect organizations with hundreds of suppliers across numerous categories, helping to lower expenses and save valuable time, especially when wo...