HOW WE SERVE OUR MEMBERS
Innovatix Business & Industry is a supply chain solutions company that is committed to delivering more efficient operations and long-term cost savings to members. As a leading group purchasing organization (GPO), we help reduce our members’ indirect spend through significant discounts on goods and services that are essential to their businesses. We also provide expertise to ensure that the supply chain and procurement operations of our members are best aligned with their overall business strategy.
Innovatix Business & Industry offers
- an extensive contract portfolio
- a diversified membership and supplier base
- multi-tiered customer support
- dedicated industry experts, including contracting and auditing teams
- $44 billion in purchasing power
OUR CORE COMPETENCY
In addition to the cost savings Innovatix Business & Industry offers its members, the other primary value we deliver is time. We’ve built our business around identifying strong suppliers, evaluating their ability to deliver reliably, and negotiating best-in-class pricing. We employ a team of contracting experts who leverage the power of our members’ purchasing volume to negotiate pricing discounts. We do the legwork for you, so all you have to do is sign up and save!
Don’t go it alone when managing your business procurement and indirect spend. Sign up with Innovatix Business & Industry and let our team of experts augment your office management or purchasing team. There is no fee to join—the only requirement is your commitment to saving.
20 YEARS OF INDUSTRY LEADERSHIP
Owned by Premier, Innovatix combines the power of $44 billion of purchasing volume with more than 20 years of group purchasing service experience. Always innovating, hence our name, we extend the deep discounts and hands-on service model we created for our 32,000+ healthcare members to non-healthcare-related business and industry market leaders.
Innovatix began as a healthcare group purchasing organization. Because healthcare revenues are largely fixed through rates set by insurers or Medicare and Medicaid, healthcare providers have long used GPOs to lower their costs and increase their margins. While they have specialized medical product needs, healthcare providers have many of the same requirements as big businesses—they need office supplies, computer equipment, shipping services, and credit card processing. Innovatix has grown its contract portfolio to meet all of these operating needs and more.
Recognizing the value we can bring to businesses that face different challenges but the same need to grow their margins, we created Innovatix Business & Industry to extend our purchasing expertise to non-healthcare organizations.
COMMITMENT TO ETHICS AND TRANSPARENT BUSINESS PRACTICES
At Innovatix, operating with the highest ethical standards and business transparency is a core value. We play a leadership role in industry groups that are devoted to ethical business practices. We also adhere to a self-imposed Code of Conduct that reinforces our commitment to delivering member value. In the spirit of transparency, we provide every member with an annual report that details its spending through our program and the associated fees that we have earned from suppliers.