Combating Inflation With Digital Should-Cost Modeling
This bulletin looks at how digital should-cost modeling can help companies fight inflation through improved cost transparency, supply chain visibility, price benchmarking and forecasting.
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7 Reasons Why Companies Need to Understand Their Supply Chains
April 30, 2022 | Supply Chain Software
Many global companies have created stable brands, appealing advertising, and strong connections with their customers, but they still struggle with supply chain disruptions. The efficiency of a supply chain, whether at the manufacturing or the distribution end, can make or break a business, so it’s important to operate with the right supply chain model.
Turn ideas into action. Talk to GEP.
GEP helps enterprise procurement and supply chain teams at hundreds of Fortune 500 and Global 2000 companies rapidly achieve more efficient, more effective operations, with greater reach, improved performance, and increased impact. To learn more about how we can help you, contact us today.
Alex Zhong
Director, Product Marketing
Alex has more than 20 years of practical experience in supply chain operations and has advised many Fortune 500 companies on their digital transformation. At GEP, he leads product marketing for the company’s AI-enabled supply chain solution. He is passionate about the role technologies play in driving supply chain excellence and business growth.
A Brief Guide to Smart Contracts for Supply Chains
April 06, 2022 | Market Intelligence
Supply chain have today become an important use case for smart contracts owing to the high volume of engagement with multiple parties. For example, to move a container at the Port of Antwerp, there are, on average, 200 different interactions amongst 30 parties.
What is a Smart Contract?
A smart contract is a self-executing contract with embedded rules that defines the agreement and conditions between two or more parties.
GEP Named a Leader in Procurement BPO, Transformation and Software for the U.S. Public Sector
GEP was named a Leader in the 2022 ISG Provider Lens™ U.S. Public Sector report.
ISG, a leading global technology and research advisory firm, recognized GEP as a Leader in the Procurement BPO, Digital Transformation Services and Software Platforms and Solutions categories stating that GEP "differentiates itself with a strong emphasis on improving clients’ supply chain resilience and procurement/sourcing sustainability."
GEP Named a Leader in Procurement Software and Solutions
For the second year in a row, GEP has been named a Leader in the ISG Provider Lens™ Procurement Software Platforms and Solutions quadrant report.
ISG, a leading global technology and research advisory firm, recognized the AI-powered low-code/no-code GEP SOFTWARE as a Leader in both the large and midmarket segments.
This recognition follows close on the heels of top honors from other leading analysts for GEP’s software offerings, which include the source-to-pay platform GEP SMART™ and supply chain software GEP NEXXE™.
Manage the Inflation Problem with a Digital Supply Chain
March 24, 2022 | Supply Chain Software
Higher prices are here, and they may be around for a while.
U.S. households and companies are grappling with the effects of rising inflation on food, fuel, and commodities.
GEP Named a Leader in Supplier Value Management Software
GEP has earned a Leader ranking for its AI-powered procurement and supply chain software in The Forrester Wave™: Supplier Value Management Platforms report for Q1 2022.
The report evaluates procurement and supply chain solutions that are used to manage interactions and collaborations with suppliers.
Independent research firm Forrester gave GEP SOFTWARE™ the highest possible scores in 11 criteria:
What Is CAFM, and How Does It Benefit Facility Managers?
March 16, 2022 | Facilities Management
Facilities have long relied on time-consuming manual processes.
The result?
Constant complaints, excessive paperwork, difficulty in gauging operational costs and other critical information, operational losses due to inefficient processes, equipment breakdowns and poor space and asset utilization.
The good news is many businesses are now leveraging technology to counter these challenges and make life simpler for facilities teams.
Why Supply Chain Convergence Matters
It’s no secret that data is critical for accurate decision-making, and organizations have it in abundance. However, having it is only half the battle. Consolidating data from different parts of the organization as well as from suppliers, customers and producers requires breaking down silos, and that’s easier said than done.
A convergence strategy is bold and far-reaching, and the potential upside immense. However, who takes the lead, and what steps can you take to enhance procurement and supply chain convergence?
Global Pharma Company Improves Supply Chain Collaboration, Reduces Inventory 40% With GEP NEXXE
Global pharmaceutical company improves supply chain collaboration and reduces lead times and obsolete inventory with GEP NEXXE™ supply chain platform
