April 24, 2023 | Supply Chain Software
The world of supply chains is increasingly becoming autonomous. In fact, supply chains themselves have become more independent than ever before.
They can now see into future events, assess possible outcomes and even act proactively to avoid the impact.
How can supply chains act on their own? And how can businesses have a supply chain that has such capabilities?
Here is the answer -- by automating decision-making and letting technology decide the best course of action.
For the third time in a row, GEP has been named a Leader in Procurement BPO and Transformation Services for both large and midmarket enterprises in the 2023 ISG Provider Lens™ Report.
February 13, 2023 | Digital Supply Chain Transformation
Unlike most other sectors that are well underway in their digital transformation programs, nonprofit organizations have been less enthusiastic in this regard. However, things have changed quickly in recent times.
Many nonprofits have launched their digital transformation initiatives. In fact, the introduction of technology is transforming the way these organizations operate, engage with stakeholders, and deliver their services.
January 23, 2023 | Supply Chain Strategy
The increasing complexity in the healthcare industry has made it imperative for healthcare organizations to adopt digital transformation strategies to ensure that their supply chain and contract management processes are efficient and cost-effective. Health digital transformation is an innovative and disruptive approach to healthcare that enables organizations to optimize their processes with digital technologies.
December 27, 2022 | Oil and Gas
4D seismic technology or timelapse technology was introduced for oil exploration in the early 1980s and commercialized in the North Sea in the 1990s. The technology was initially used in a joint StatoilHydro-Schlumberger project in 1995 to identify the drained and undrained reservoir areas in the Gullfaks field.
December 16, 2022 | Accounts Payable
In many businesses, accounts payable continues to work with paper invoices and checks. This process is manual and time consuming and prone to human error. And it leaves little room for any sort of analysis.
Advancements in technology have now made it possible to go paperless and automate this function.
A discussion about how digitalization can improve visibility, promote collaboration, and enable faster, better decisions based on real-time data.
November 11, 2022 | Supply Chain Software
Despite being a trillion-dollar industry, the pharma supply chain is underperforming. The pandemic, skilled labor shortage and the absence of digital transformation have exposed the gaps in pharma supply chains, as is clear from the NC State’s Supply Chain Resource Cooperative data.
November 04, 2022 | Accounts Payable
Managing an organization’s Finance and Accounting (F&A) processes is a vital business function involving the organization’s financial planning. Accounts payable is a critical transactional process directly impacting cash outflow and supplier relationships.
Most organizations find the management of accounts payable challenging due to delays in payment, the high costs of processing, and the potential for monetary losses due to errors and fraud.
In response, pharmaceutical leaders now recognize digital transformation as not just an intriguing concept but as a business necessity. This new report from Pharma Manufacturing — Digital Transformation for a Resilient Supply Chain — and sponsored by GEP, shows how digitizing supply chain information and digitalizing supply chain processes and systems improves visibility and promotes collaboration.
