Procurement and Supply Chain Solutions for the Media And Entertainment Industry Procurement and Supply Chain Solutions for the Media And Entertainment Industry

Procurement and Supply Chain Solutions for the Media And Entertainment Industry

The media and entertainment landscape has drastically evolved, prompting a shift from traditional broadcast methods to digital-native platforms and user-generated content. As competition for viewer attention intensifies, media enterprises must innovate rapidly, launch new products, and manage mergers efficiently. Procurement and supply chain functions are crucial in developing sourcing strategies that minimize costs and enhance operational efficiency, ensuring these enterprises can adapt and thrive in this dynamic market. 

GEP Helps Global Media and Entertainment Giants Make Waves

90%

Enhanced accuracy for financial reporting and decision-making for a leading entertainment business

97%

Boosted annual spend visibility for a global media leader

13 %

Improved procurement efficiency by reducing supplier duplication for a prominent media corporation

Driving Growth in an Evolving Market

Our Approach

GEP knows that this quickly evolving media landscape can be difficult to navigate — but it can also be an opportunity for growth if seized in the right way.

We partner with companies to diagnose pain points and develop a new operational model to align with business goals.

Our procurement optimizations can help to increase speed to execution, exceed consumer expectations and promote growth — even in a volatile industry.

GEP’s expertise can also guide media and entertainment companies through complex M&A and divestitures. We help legacy businesses with procurement outsourcing options so they can focus resources on the new, growth-oriented aspects of their business.

Business models are shifting, and we understand that this requires partners like us to be nimble and efficient and to help enterprises balance creative freedom with sound financial management. 

Our comprehensive range of solutions helps media and entertainment enterprises transition into a new digital-first advertising landscape, optimize margins, navigate through M&A and improve content production processes.

The services GEP offers for media and entertainment include:

  • Organizational procurement alignment for the new media landscape
  • Media and entertainment market intelligence
  • Strategic cost management
  • Digital procurement transformation
  • Legacy business rightsizing and business process outsourcing
  • Agile operating models
  • Enterprise-wide spend visibility
  • Merger and acquisition planning and execution 

With nearly two decades of experience working with Fortune 500 and Global 2000 enterprises — including some of the world’s largest media and entertainment conglomerates, emerging new media companies and social media platforms — GEP knows where the industry needs to pivot. We provide a comprehensive range of procurement solutions for media and entertainment enterprises to get there. Our record speaks for itself:

  • Standardized a global entertainment company's 25,000+ supplier base and optimized spend
  • Defined new organization vision and operating model for a leading integrated media company, introducing leading practice sourcing templates and harmonizing divergent approaches across three legacy acquisitions
  • Achieved $25M in savings for major entertainment studio through a 3-year global tail spend management program, and set up a centralized procurement helpdesk to support stakeholders while implementing contract optimizations for quick-win savings 

Industry Insights

How Global Entertainment Company Lionsgate Achieved 97% Spend Visibility With GEP SMART
How Global Entertainment Company Lionsgate Achieved 97% Spend Visibility With GEP SMART
How Procurement Can Help Unlock Value From Media Agencies
How Procurement Can Help Unlock Value From Media Agencies
Why Supply Chain Is Key to Driving Innovation in Telecommunications, Media and Technology
Why Supply Chain Is Key to Driving Innovation in Telecommunications, Media and Technology
 GEP Spend Category Outlook 2022
GEP Spend Category Outlook 2022