GEP Spend Category Outlook Report 2025

Submitted by priyanka.katke… on

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs and rising costs and supply chain disruptions posing significant challenges.

But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain and category management professionals operate.

GEP Outlook 2025

Submitted by priyanka.katke… on

For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. Geopolitical tensions. You name it, and you’ve had to navigate it.

In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI).

Blog Image

Powering the Future: Navigating Energy Transition Challenges and Supply Chain Innovations

November 07, 2024 | Supply Chain Strategy

The transition to renewable energy is one of the most critical undertakings of the 21st century, driven by the urgent need for cleaner, more sustainable energy sources.

Global electricity generation increased by 2.5% in 2023, reaching a record level of 29,925 terawatt-hour. This demand continues in 2024, with growth expected at around 4%, driven by increasing renewable energy adoption.

 

Tags: energy , supply chain

FEATURED POST

...
Procurement Strategy

How Oil & Gas Companies Can Help Build the Hydrogen Economy

...
Procurement Software

Embracing Generative AI: Why It's a Necessity for Procurement and Supply Chain

...
Risk Management

5 Ways New US EPA Rules Will Impact Automotive Procurement

TAGS

sustainability
Procurement Software
supply chain strategy
Inflation
Russia-Ukraine War
Blog Image

Demystifying the Procurement Marketplace for Buyers and Suppliers

October 30, 2024 | Procurement Strategy

Imagine an online shopping mall, but instead of clothes and gadgets, it's packed with things businesses need to keep running. That's basically what a procurement marketplace is — like a digital hangout where companies can shop for everything from office chairs to fancy software to complex services, all in one single place.

 The procurement marketplace is not just one store. It comprises a bunch of different suppliers all competing for your business, enabling you to easily compare price and quality without having to hop from website to website or make a million phone calls.

 

Tags: procurement marketplace

FEATURED POST

...
Procurement Strategy

How Oil & Gas Companies Can Help Build the Hydrogen Economy

...
Procurement Software

Embracing Generative AI: Why It's a Necessity for Procurement and Supply Chain

...
Risk Management

5 Ways New US EPA Rules Will Impact Automotive Procurement

TAGS

sustainability
Procurement Software
supply chain strategy
Inflation
Russia-Ukraine War

6 Strategies for CPG Companies To Supercharge Sales and Operations Planning

Submitted by priyanka.katke… on

The future of operations starts with one question: Are you ready to be proactive instead of reactive? 

With the right S&OP framework, you can forecast more accurately, respond to market changes faster and make better decisions. And all of this is powered by accurate data and insights. 

To explore six crucial use cases that are boosting efficiency and growth for companies just like yours, download our complimentary white paper and discover: 

Blog Image

Vendor Consolidation for Mid-Market Companies: Navigating the Shift

October 11, 2024 | Procurement Strategy

Mid-market companies — defined usually as businesses with annual revenue range of $10 million to $1 billion — are increasingly facing a challenge. They're at a critical juncture where managing a scattered vendor ecosystem is becoming very complex. 

 

Tags: vendor consolidation

FEATURED POST

...
Procurement Strategy

How Oil & Gas Companies Can Help Build the Hydrogen Economy

...
Procurement Software

Embracing Generative AI: Why It's a Necessity for Procurement and Supply Chain

...
Risk Management

5 Ways New US EPA Rules Will Impact Automotive Procurement

TAGS

sustainability
Procurement Software
supply chain strategy
Inflation
Russia-Ukraine War

How CPG Companies Can Conquer Tail Spend With an AI-Enabled Solution

Submitted by priyanka.katke… on

Tail spend management can consume a lot of your resources without you fully realizing it. If companies can optimize these low-value, high-volume transactions, they gain a strategic advantage. But how can global enterprises turn this often-overlooked cost into an opportunity? 

Find out how enhancing supplier compliance and cutting unnecessary costs to control tail spend lead to a smoother, more effective operation in this detailed white paper.

 What’s Inside: 

The AI Frontier: Procurement Is Dead, Long Live Procurement

Is AI just hype? Not anymore. 

With a projected growth to $1.2 trillion by 2030, AI is no longer a futuristic idea — it's a game-changer. But what exactly does procurement's future look like? GEP experts predict the procurement model of the future will focus on strategic insights, risk management and sustainability, all driven by AI. And this is just the beginning.

In this new bulletin, learn about the three phases of AI transformation and what the future holds for procurement.

 What’s Inside: 

Blog Image

AI Powers Procurement’s Growing Influence in Organizations, Shows 2024 CIPS Survey

October 01, 2024 | Procurement Strategy

Procurement’s role is evolving beyond cost management.

According to CIPS Global State of Procurement & Supply 2024 report, procurement has become a central strategic function. Its influence now reaches across sustainability, risk management, and business growth.

 

Tags: Procurement , AI

FEATURED POST

...
Procurement Strategy

How Oil & Gas Companies Can Help Build the Hydrogen Economy

...
Procurement Software

Embracing Generative AI: Why It's a Necessity for Procurement and Supply Chain

...
Risk Management

5 Ways New US EPA Rules Will Impact Automotive Procurement

TAGS

sustainability
Procurement Software
supply chain strategy
Inflation
Russia-Ukraine War
Blog Image

Getting Transportation Procurement Right—Across Land, Water and Air

October 01, 2024 | Procurement Strategy

Transportation procurement is a multifaceted process influenced by various factors, including the mode of transport—air, water or land.

Each mode has unique challenges and considerations, which procurement teams must address to ensure efficiency -- from cost fluctuations and technological shortcomings to increasing regulatory pressure for sustainability.

 

Tags: Procurement , transportation

FEATURED POST

...
Procurement Strategy

How Oil & Gas Companies Can Help Build the Hydrogen Economy

...
Procurement Software

Embracing Generative AI: Why It's a Necessity for Procurement and Supply Chain

...
Risk Management

5 Ways New US EPA Rules Will Impact Automotive Procurement

TAGS

sustainability
Procurement Software
supply chain strategy
Inflation
Russia-Ukraine War
Subscribe to Strategy and Planning