Strong procurement teams drive competitive advantage, but outdated procurement software often stands in the way. GEP SMART transforms direct materials procurement with a unified source-to-pay platform that streamlines every step of your process, from sourcing to payments. Purpose-built for direct procurement, it equips teams with advanced tools for strategic sourcing, supplier management, contract management and more—reducing costs, minimizing risks and maximizing value.
Comprehensive Direct Materials Procurement Technology
Strategic Sourcing
Automates direct materials sourcing with tools for RFX, reverse auctions and global price comparisons. Gain visibility into BOM cost breakdowns and utilize templates to enhance negotiations and value.
Contract Management
Simplify contract creation and management with a seamless flow of data across the contract lifecycle. Boost contract utilization, ensure compliance and turn negotiated terms into real savings.
Supplier Management
GEP SMART enables your procurement team to manage supplier information, relationships and performance effectively. With a unified database, it ensures real-time visibility into supplier performance.
Procure-to-Pay
Deliver a consumer-like purchasing experience with full P2P functionality. Easily manage purchase orders, process invoices, and handle payments—streamlining operations for greater efficiency.
Inventory Management
Gain real-time visibility of BOM items to reduce storage costs, prevent stockouts, and optimize inventory. Automate reorders and enable Vendor Managed Inventory (VMI) for better stock control.
Quality Management
GEP SMART enhances quality management, facilitating clear communication and collaboration between suppliers and internal stakeholders, from sample inspections to audits and complaint handling.
Power-Up Your Supply Chain
With comprehensive BOM management, project management, and master data management capabilities, GEP SMART provides you real-time access to all critical data for timely and effective decision-making.
Seamlessly integrate all sourcing, procurement and production activities through updated, organized and accurate BOM data. Connect your product design, procurement, supply chain and manufacturing teams on a single platform to get new, innovative products to the market faster. Get real-time visibility of all items on your BOMs – latest specs, inventory, order status, contracts, supplier information, and shipment status – all in one place.
GEP SMART’s project management functionality helps you monitor, report and manage the performance of all your direct materials sourcing and procurement projects. Get a bird’s-eye view of all sourcing and procurement activities, using comprehensive, customizable dashboards. Assign tasks to team members, implement cost control measures, set key performance indicators (KPIs), and even save successful projects for future use.
With comprehensive master data management capabilities, including data collection, normalization, error detection and correction, consolidation, data storage and distribution, GEP SMART makes it easy to manage and share your supplier data across the enterprise. No more duplicate or outdated information – get accurate, reliable supplier master data for all your sourcing, procurement, manufacturing activities.
GEP SMART features comprehensive data, analytics and reporting capabilities to power your direct procurement and supply chain operations. Get easy access to all your data – spend, sourcing, contracts, suppliers, savings - on a single platform. GEP SMART’s powerful, AI-based analytics and reporting tools to derive actionable intelligence from your data to guide your
GEP SMART helps you speed up cycle times by providing greater control and visibility on the movement of direct materials through the supply chain. From purchase orders, delivery schedules, to handling unit information and advance shipping notices (ASN), effectively manage all communication, documentation, and approvals across all downstream procurement and supply chain operations and processes on a single platform.
Achieve More with GEP SMART Direct Procurement
ERP System Integration
Integrate seamlessly with major ERP systems to synchronize and manage master data, enhancing downstream process automation and master data retrieval.
Advanced Sourcing Features
Easily import BOMs, enable supplier item selection during bidding, and award multiple sources for optimal results.
Dynamic Auction and Requisition
Leverage transaction networks and EDI capabilities for auctions-to-requisitions with support for virtual assets to enhance storage, sharing and tracking.
Comprehensive Audit Logs
Maintain detailed item or part-wise logs for scheduled deliveries, providing what-if analysis for make-vs-buy decisions and substitute materials evaluation.
Enhanced Supplier Collaboration
Boost supplier management with comprehensive BOM management functionality and real-time materials status visibility across the sourcing and supply chain.
Unified Procurement Platform
GEP SMART combines all critical elements—buyers, suppliers, processes and data—in a single platform, ensuring efficient decision-making with an intuitive interface.
Why GEP SMART Direct Procurement Software
Speed up time-to-market: Seamlessly integrate all your R&D, engineering, sourcing, procurement and supply chain management activities to get more innovative products to the market swiftly.
Optimize sourcing: Get best-value sourcing for your all the items on your BOMs with the latest, up-to-date designs and specifications.
Mitigate supply risks: Get access to real-time, up-to-date supplier data and market intelligence to identify, prevent and mitigate supply disruptions.
Identify cost and value drivers: Scan multi-level bills of materials by product, component or category, with detailed breakdowns to locate principal cost and value drivers.
Manage costs more effectively: Get maximum value for your spend by minimizing contract leakage and ensuring that all purchase orders meet the contract terms and agreements.
Enhance supplier collaboration: Create an ecosystem for rapid innovation through effective collaboration with suppliers throughout the product life cycle.
