BNET Business Dictionary
Business Definition for: Purchasing Power
- a measure of the ability of a person, organization, or sector to buy goods and services
Additional Resources
- Comparison of purchasing power parity between the United States and Canada
- Comparison of purchasing power parity between the United States and Canada In August 1987, the Organization for Economic Cooperation and Development OECD published results from the 1982 study of multilateral purchasing power parity for its member countries. A purpose of the study was to compare various types of...
- Research articles 1987-12-01
- Funding and purchasing logistics: Centralize Purchasing Power: Why Air Force Leadership Should Care: Funding Support: Capabilities-Based Programming
- This edition begins with "Centralize Purchasing Power: Why Air Force Leadership Should Care." In this illustrative piece the authors make a number of valid points. Meaningful institutional change toward centralized purchasing fundamentally can improve the Air Force's effectiveness and efficiency. Using the commercial best practice of commodity councils', Air Force...
- Research articles 2005-03-22
- Hospitals find they need not form IDN to benefit from combined purchasing power In novel pact.(Worth Reading)(Integrated Delivery Network)(Michigan hospitals)
- A group of Michigan hospitals found a way to save 10% annually on medical-surgical supplies by combining their purchasing power, without forming either a group purchasing organization or an integrated delivery network. In what could be the first signal of a new direction in...
- Research articles 2004-08-01
- The Moving Dollar - African-American purchasing power - Brief Article - Statistical Data Included
- Black buying power is on the rise in a good portion of the country. Purchasing power of black consumers is steadily on the rise, and it's growing in the most unlikely places. Although the majority of blacks today still live and spend in the South, that might be...
- Research articles 2001-01-01
- Strength In Numbers: Doctors Discover Group Purchasing Power
- From the executive summary: ‘Most organizations today, operate on the idea that purchasing power comes from buying in bulk. Long used by hospitals, the concept has now become popular among physician practices. The process encourages more doctors to improve financial performance by using group purchasing. As a result, many health...
- White papers 2004-05-21
- Generation Y Drives Home Improvement Marketplace with Focus on Technology, Functionality, Style; Future Homeowners with Massive Purchasing Power Present Huge Opportunity
- LAS VEGAS -- Question: what do retailers need to do to capture the massive purchasing power of Generation Y? Answer: leave behind outdated assumptions about brand loyalty and the "if we build it they will come" approach to retailing. The group born after 1978, which Advertising Age magazine in...
- Research articles 2005-05-16
- SAP Procurement for Public Sector: Maximize Government Purchasing Power and Improve Contract Compliance
- It's hard to ensure effective procurement with traditional solutions that lack support for a complex procurement life cycle. But the SAP Procurement for Public Sector package is tailored to meet these demands. It helps you improve operational efficiency and service levels as well as satisfy policies and regulations. As a...
- White papers 2007-09-01
- Stock Market Standouts List TheSUBWAYs New Small Cap Investor Forum Speak with Other Investors NASV Closes Second Acquisition & Increases Purchasing Power!
- M2 PRESSWIRE-9 January 2008-TheSubway.com: Stock Market Standouts List TheSUBWAYs New Small Cap Investor Forum Speak with Other Investors NASV Closes Second Acquisition & Increases Purchasing Power!C1994-2008 M2 COMMUNICATIONS LTD RDATE:09012008 ...
- Research articles 2008-01-09
- International price comparisons based on purchasing power parity
- Because exchange rate movements, in general, tend to be more volatile than changes in national price levels, the purchasing power parity approach provides the proper basis for comparing living standards and examining productivity levels over time Imagine you are planning a trip to France and would like to figure...
- Research articles 1999-10-01
- Dollar's Purchasing Power Annihilated - The Chart They Don't Want You to See
- Tyler Durden submits: This is the chart they don't want you to see: the purchasing power of the dollar over the past 76 years has declined by 94%. And based on current monetary and fiscal policy, we have at least another 94% to go. The only question is whether...
- External links 2009-05-08
- Nextance Gives Pulse on HIPAA Compliance and Contracts to Covenant Health; 90-day Enterprise Contract Management Deployment Increases Visibility and Purchasing Power
- REDWOOD CITY, Calif. -- Nextance, the solutions provider setting the standard for advanced contract performance and analytic solutions, today announced positive results from its deployment with Covenant Health, a leading healthcare provider based in Tennessee. With Nextance, Covenant Health is able to ensure compliance with complex and evolving regulations as...
- Research articles 2005-07-25
- Hispanic Shoppers: $542 Billion In Purchasing Power And Growing.(Hispanic shoppers growing in grocery stores)(Brief Article)(Statistical Data Included)
- Hispanic shoppers represent the fastest-growing market in the U.S., with purchasing power of $542 billion in 2001, according to U.S. Hispanics: Insights' Into Grocery Shopping Preferences and Attitudes, 2002, a new Food Marketing Institute report. The study also shows: 15% of Hispanics shop...
- Research articles 2002-05-27
- Accenture Broadens Purchasing Power At The U.S. Department Of Health And Human Services
- Each U.S. Department of Health and Human Services DHHS agency used to operate fairly independently, buying what it needed to equip its own operations and staff. However, as regulations changed and scrutiny tightened, it became more apparent that the department's significant purchasing power was under-utilized and under-leveraged. Department leaders thus...
- Case studies 2008-11-19
- HHS Approves First-Ever Multi-State Purchasing Pools For Medicaid Drug Programs
- WASHINGTON, April 22 /U.S. Newswire/ -- HHS Secretary Tommy G. Thompson today approved plans by five states to pool their collective purchasing power to gain deeper discounts on prescription medicines for their state programs. The multi-state purchasing WASHINGTON, April 22 /U.S. Newswire/ -- HHS Secretary Tommy G. Thompson today...
- Research articles 2004-04-22
- PA Hospital Association, Healthcare Purchasing Partners International Sign Letter of Intent to Provide Group Purchasing Services
- The Hospital & Healthsystem Association of Pennsylvania HAP and HealthCare Purchasing Partners International®, LLCTM HPPI today announced the execution of a Letter of Intent to enter into an agreement that will maintain and enhance hospitals' access to a broad array of industry-leading group purchasing agreements, with the strength of more...
- Research articles 2006-03-27
- PA Hospital Association, HealthCare Purchasing Partners International Reach Agreement to Provide Group Purchasing Services
- The Hospital & Healthsystem Association of Pennsylvania HAP and HealthCare Purchasing Partners International, LLC® HPPI today announced that they have reached an agreement that will maintain and enhance hospitals' access to a broad array of industry-leading group purchasing agreements, with the strength of more than $27.5 billion in combined annual...
- Research articles 2006-07-12
- THE POWER OF MONEY.(top 10 world economies)
- Here are the top 10 world economies, ranked by their purchasing power. Each country's PPP, or purchasing power parity, has been calculated by the OECD Organization for Economic Cooperation and Development based on periodic price comparisons and national inflation figures. It's a pretty complicated formula. (We...
- Research articles 2003-03-17
- Value-Based Purchasing: A Review of the Literature
- The white paper asserts that with dramatic increases in health care costs, and growing concerns about the quality of health care services, policymakers and experts are seeking ways to redesign the health care system. Recent initiatives have shown that public and private purchasers might play a role in these efforts...
- White papers 2003-05-01
- Thinking Beyond E-Sourcing to Maximise Purchasing Power
- This article evaluates the options for organizations that want to better automate their strategic and transactional purchasing processes. It describes how investment decisions on e-procurement and e-sourcing solutions need to be considered as part of a wider purchasing and information systems strategy for the business as a whole. Finally, it...
- White papers 2002-12-17
- Ohio hospitals aim to leverage buying volume by consolidating in regional GPO.(Group purchasing organization)(Brief article)
- A new regional group purchasing organization GPO formed in February to concentrate the purchasing power of Ohio hospitals and integrated delivery networks using national contracts to which they already have access. The new GPO, the Ohio Purchasing Alliance, LLC, is based in Independence,...
- Research articles 2006-04-01
