Buying group will boost charities’ purchasing power

Posted on May 1st, by editor in Caring Times. No Comments

Charities could save up to one billion pounds on their purchasing costs if they joined forces to negotiate with businesses, according to charity Leonard Cheshire. Leonard Cheshire has launched a “charities buying group”, which joins together small and medium sized charities to tap in to discounts that are usually only offered to larger organisations. By working together, members are said to be able to access huge discounts in areas ranging from specialised equipment like hoists and beds to utilities, stationery and telecommunication. The charity1s national purchasing manager Michael Hodgetts said that, during the pilot phase of the project, members had seen 30 per cent reductions on electricity and stationery bills and 40 per cent on telecommunications costs, which translated into huge savings. “For example, Leonard Cheshire estimates that eight charities will save half a million pounds on electricity over the next five years,” Mr Hodgetts said. “This is a great opportunity for charities to save valuable char

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