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CoreTrust Secures Agreement with ODP Business Solutions to Deliver New Offerings to Members

1. ODP partners with CoreTrust to expand savings for 3,500+ members. 2. CoreTrust enhances ODP's visibility in the indirect spend marketplace. 3. Members can expect 20% average savings through CoreTrust's purchasing power. 4. The partnership improves ODP's portfolio by providing valuable, high-quality solutions. 5. CoreTrust's free membership provides instant access to competitive supplier contracts.

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FAQ

Why Bullish?

This partnership increases ODP's market reach and revenue potential, similar to past successful collaborations.

How important is it?

The article highlights a strategic partnership that enhances both ODP's service offerings and market presence.

Why Long Term?

ODP's ongoing collaboration with CoreTrust may generate sustained revenue growth and stabilize market position.

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CoreTrust has partnered with ODP Business Solutions to provide its 3,500+ members with greater savings on indirect spend through an expanded supplier network., /PRNewswire/ -- CoreTrust, a leading group purchasing organization (GPO), has partnered with ODP Business Solutions, a leading supplier of workplace solutions and services and a division of The ODP Corporation (NASDAQ: ODP), to help its 3,500+ business members save even more on indirect spend. This new corporate services contract provides CoreTrust business members with access to ODP Business Solutions' high-quality solutions, specifically including interiors/furniture, technology, breakroom supplies, and print, promotion and apparel services at an exceptional value. By adding ODP Business Solutions to its curated supplier portfolio, CoreTrust reinforces its mission to drive greater savings and value for its business members. "CoreTrust is a 'must-have' for procurement professionals seeking savings in indirect spend and great service from suppliers," said Mahesh Shah, CEO of CoreTrust. "By partnering with ODP Business Solutions, CoreTrust strengthens its reputation as the trusted purchasing partner for indirect spend needs. It's the procurement industry's best-kept secret." With over 30 years of expertise, ODP Business Solutions brings a strong supply chain and a diverse portfolio of workplace solutions to CoreTrust members. By partnering with CoreTrust, ODP Business Solutions not only creates new savings opportunities for CoreTrust members but also gains access to CoreTrust's valued business member base, creating a mutually beneficial collaboration between two market leaders. CoreTrust leverages the aggregated buying power of its business members to secure competitive supplier pricing and contract terms that surpass what most organizations can achieve independently. With over $7 billion in annual aggregated spend, CoreTrust members typically save an average of 20% on indirect spend, offering a major advantage for businesses focused on growth and profitability.David Centrella, Executive Vice President of The ODP Corporation and President of ODP Business Solutions, shared his enthusiasm: "CoreTrust has tremendous reach and is known as one of the top aggregators in the business for Fortune 1000 companies. We are honored to leverage our portfolio of products and solutions, and our global supply chain as a new CoreTrust supplier to bring high-value offerings to members."CoreTrust invites businesses to explore the benefits of joining its procurement network. With free membership, instant access to pre-negotiated supplier contracts, spend analysis and tailored spend category recommendations, and easy onboarding, CoreTrust has helped thousands of organizations achieve greater cost savings and efficiency. Learn more at www.coretrustpg.com.About CoreTrust Since 2006, CoreTrust has been a trusted group purchasing organization (GPO), helping businesses save on indirect spend, private equity firms improve portfolio performance, and suppliers drive growth. With $7 billion in annual purchasing power and a network of 3,500+ members, CoreTrust offers access to 125+ pre-negotiated contracts with top suppliers. Key categories include corporate services, facilities, HR, technology, travel, and supply chain and logistics, all delivering efficiency and value to members.Members enjoy market-leading pricing and exclusive access to the CoreTrust Experience Platform (CXP), a digital marketplace with curated contracts and actionable insights for smarter procurement. Membership is free, offering unmatched savings and simplified solutions for managing indirect spend. Learn more at www.coretrustpg.com.About ODP Business Solutions ODP Business Solutions is a trusted partner with more than 30 years of experience working with businesses to adapt to the ever-changing world of work. From technology transformation, sustainability, innovative workspace design, cleaning and breakroom, and everything in between, ODP Business Solutions has the integrated products and services businesses need. Powered by a collaborative team of experienced business consultants, world-class logistics, and trusted brand names, ODP Business Solutions advances how the working world gets work done. For more information on ODP Business Solutions, visit www.odpbusiness.com.Media Contact:601 11th Avenue North, Suite 700Nashville, TN 37203[email protected]SOURCE CoreTrust WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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