Leading the Charge in Direct Procurement Enablement & Modernization
GEP has been recognized as a leader in Direct Procurement Enablement & Modernization by ISG, confirming our frontline position in driving the future of procurement.
GEP has been recognized as a leader in Direct Procurement Enablement & Modernization by ISG, confirming our frontline position in driving the future of procurement.
GEP is recognized as a leader in the latest ISG Provider Lens™ Procurement Services report for 2024, solidifying our position at the forefront of procurement modernization.
April 15, 2024 | IT & Telecom
E-Waste (electronics waste) is becoming a bigger concern for businesses, but with good procurement practices, this challenge can be reduced. Read this blog to learn the potential of e-waste for a more sustainable future.
April 11, 2024 | Procurement Strategy
As part of an enterprise-wide transformation project, you have accelerated digital procurement transformation.
In this endeavor, you have shortlisted advanced procurement software and plan to deploy this technology to digitally transform the function.
But this is only half the job done.
Why?
Because technology cannot do everything on its own.
Does your workforce understand how the new technology works and the associated changes in workflows? What is their view on the changes being made?
A multinational fast-food chain saved $22 million in a key category over three years by realigning its supplier base to achieve animal welfare goals, build stronger partnerships and ensure competitive pricing.
March 28, 2024 | Procurement Strategy
In today's digital age, efficiency is paramount for businesses to thrive. Digitization offers a powerful solution, streamlining processes and unlocking a wealth of valuable data.
The procurement intake process, by which incoming procurement requests are evaluated, triaged and funneled through the appropriate workflow, is a prime candidate for this transformation. Often mired in manual tasks, incomplete information and scattered communication, a manual intake process breeds inefficiencies.
March 28, 2024 | Procurement Software
Surprisingly, many businesses continue operate without an efficient catalog management system. This absence creates a host of inefficiencies and risks that hinder their procurement team’s overall performance.
March 27, 2024 | Procurement Strategy
Intake management as a concept has recently come to the forefront in the procurement landscape as a foundational element of a smooth procurement process. It's about efficiently handling the incoming flow of requests for goods and services within an organization.
Here's a quick breakdown of what intake management entails:
March 27, 2024 | Supplier Management Strategy
Managing and optimizing supplier performance is critical as well as challenging.
For procurement leaders, supplier selection is not about finding the cheapest option. Suppliers may be invoicing within the agreed pricing, but if the service isn’t what is desired or if the goods are substandard, businesses will fail to drive optimal savings.
Enter supplier scorecards.
This case study explains how a leading telecom company benefited from highly competitive rates and saved millions of dollars by partnering with GEP to conduct eAuctions.