What is supply risk management?
Businesses engage in supply risk management to identify, assess and mitigate risks throughout their supply chain, leveraging established risk management strategies.
Growing uncertainty has compelled businesses to diversify their supply base and seek real-time supply chain visibility and alternative sourcing as part of their supply risk management strategy.
Leading companies operating in sectors such as automotive, chemicals and electronics have permanent supply risk management processes and teams, which regularly monitor market trends and exchange relevant information with their colleagues. Continue reading to learn more about GEP’s supply risk management services and solutions.
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World's Leading, Unified Source-to-Pay Platform for Direct and Indirect Spend Management
GEP SMART is an AI-powered, cloud-native source-to-pay platform for direct and indirect procurement. GEP SMART offers comprehensive source-to-pay functionality in one user-friendly platform, inclusive of spend analysis, sourcing, contract management, supplier management, procure-to-pay, savings project management and savings tracking, invoicing and other related functionalities.
Next-Gen, End-to-End Supply Chain Management Platform for the Connected Enterprise
GEP NEXXE is a unified and comprehensive supply chain platform that provides end-to-end planning, visibility, execution and collaboration capabilities for today’s complex, global supply chains. Built on a foundation of data, artificial intelligence and cognitive technologies, GEP NEXXE helps enterprises digitally transform their supply chains and turn them into a competitive advantage.