Sourcing in the New Normal: AI’s Transformational Impact
Facing stiff challenges in the wake of last year’s supply chain shocks and economic woes, more and more enterprises are looking to procurement to lead and drive value in the new normal.
With the mandate to be more strategic and cost-effective, successful procurement teams must approach sourcing differently.
GEP’s new whitepaper — Sourcing Strategies for the New Normal: How to Create Value in an Increasingly Complex World — shows how artificial intelligence and automation are reinvigorating should-cost modeling and strategic sourcing, demonstrating how these advances can help procurement leaders drive value.
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Why Read It
Negotiating Leverage
Lead with detailed pre-negotiation data
Ensure Strategic Impact
Harness powerful AI, automated should-cost models
Gain Real Insights
Learn from industry veterans, sourcing experts
Learn the Sourcing Strategies You Need to Tackle the Challenges Ahead. Read Now.
About Us
GEP® delivers AI-powered procurement and supply chain solutions that help global enterprises become more agile and resilient, operate more efficiently and effectively, gain competitive advantage, boost profitability and increase shareholder value.
Fresh thinking, innovative products, unrivaled domain expertise, smart, passionate people — this is how GEP SOFTWARE™, GEP STRATEGY™ and GEP MANAGED SERVICES™ together deliver procurement and supply chain solutions of unprecedented scale, power and effectiveness. Our customers are the world’s best companies, including more than 1,000 Fortune 500 and Global 2000 industry leaders who rely on GEP to meet ambitious strategic, financial and operational goals.
A leader in multiple Gartner Magic Quadrants, GEP’s cloud-native software and digital business platforms consistently win awards and recognition from industry analysts, research firms and media outlets, including Gartner, Forrester, IDC, ISG, and Spend Matters.
GEP is also regularly ranked a top procurement and supply chain consulting and strategy firm, and a leading managed services provider by ALM, Everest Group, NelsonHall, IDC, ISG and HFS, among others. Headquartered in Clark, New Jersey, GEP has offices and operations centers across Europe, Asia, Africa and the Americas. To learn more, visit www.gep.com.
GEP SMART™ is an AI-powered, cloud-native software for direct and indirect procurement that 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.
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 big data, artificial intelligence and machine learning, GEP NEXXE is next-generation software that helps enterprises make supply chain a competitive advantage.