PrimeGroupBuy PrimeGroupBuy is a managed group-buying service which aggregates the committed volumes of participating buyers. PrimeGroupBuy lowers the costs of basic indirect material and service commodities, as well as highly-customized direct materials used in the production process. Open Programs For the most flexibility, we will open up a program to all eligible companies. You still get the power of spend commitments from eligible buyers. By participating with other companies, you may receive the cost-savings of significantly larger orders.
Open programs tend to be more common in larger and broader spend categories.
Private Programs PrimeGroupBuy can be used privately, in which related buyers, or groups of buyers can participate. This model is most common when run for divisions within one company, or members of a single trade association. You get the benefits of demand aggregation, but keep the program restricted to select buyers in your organization.