Why Did Over 500 Companies Join CoreTrust Last Year?
If there’s one thing we can count on in 2025, it’s uncertainty—especially when it comes to pricing. Costs are fluctuating, and businesses are looking for ways to gain more control and predictability in their spending.
That’s why over 500 new companies joined CoreTrust last year alone. They saw an opportunity to tap into collective buying power of over 3500 companies and lock in significant savings—without the hassle of renegotiating supplier agreements or changing how they operate.
Most companies are laser-focused on optimizing their direct spend—the raw materials and components that go into making their products. But what about indirect spend? Things like office supplies, IT, logistics, and facilities can add up to 20% of a company’s total expenditures. That’s a massive area of spend that often goes overlooked.
We are very excited that our members have found their superpower in our buying power. When prices are unpredictable, having access to pre-negotiated, deeply discounted pricing isn’t just a cost-saving strategy—it’s a competitive advantage.
The power of group purchasing is well understood in industries like healthcare, but in the corporate world, it’s still one of the most underutilized cost-saving levers. And with more pricing volatility ahead, there’s never been a better time to take control.
If 500+ companies made the move last year—what might they know that can help you too?
I’d love to hear how others are thinking about their indirect spend this year. Is it part of your strategy, or is it still an untapped opportunity?
#procurement #costsavings #indirectspend #supplychain #CoreTrust #purchasingpower