Understanding GPO Contracts
The GPO feature enables you to record and use contract pricing negotiated by group purchasing organizations on behalf of an organization. You can record the GPO contract within the PeopleSoft system by loading the contract and then accepting only the contract items used by the organization. You can use PeopleSoft GPOs to:
Load contract price and item data from XML or flat files.
The source of the data could be the manufacturer, distributor, or group purchasing organization.
Select the information from the GPO contract to be used by the organization.
As GPO contract information is loaded, you control the addition of new items, price changes, and new units of measure (UOMs).
Automatically calculate the distributor price used on the purchase order.
The distributor prices are stored in the item tables and can be recalculated at any time. The distributor price is based on the manufacturer's price plus the distributor markup.
Run PeopleSoft reports to review items purchased by GPO, GPO contract, manufacturer, or distributor.
Track contract commitments including multiple levels of pricing tiers based on amount or percentage.
Review rebates received per GPO contract.
Field or Control |
Description |
|---|---|
Distributor's Price |
This price appears by default from the Supplier's UOM & Pricing Info (suppliers unit of measure and pricing information) page. This is the distributor's price for an item used on the purchase order. |
GPO ID (group purchasing organization identifier) |
Enter an alphanumeric code to uniquely identify each group purchasing organization. |
GPO Contract (group purchasing organization contract) and GPO Contract Number (group purchasing organization contract number) |
Enter an alphanumeric code to uniquely identify each contract from a group purchasing organization. |
Manufacturer's Price |
Enter the price per unit for an item on the Item Manufacturer GPO page. |