June 01, 2023 | Supply Chain Software
Staying ahead of the competition in the rapidly evolving retail industry requires retailers to have a streamlined and efficient supply chain. To address the complexities of modern logistics, retail supply chain software has emerged as an invaluable tool.
This blog post explores the world of retail supply chain software, examining its benefits, latest trends, and how it empowers retailers to overcome challenges in the marketplace.
There’s no letting up on the challenges supply chain and procurement pros face, exacerbated by inflation, fears of recession and volatile macroeconomic conditions. Leaders must navigate their enterprises around these obstacles, boosting performance as well as sustaining and extending business operations, all while meeting customers’ needs.
May 29, 2023 | Spend Analysis
Effective spend management has become a critical success factor for businesses across industries. By optimizing expenditure, companies can cut costs, boost profitability, and stay ahead of competition.
However, achieving efficient spend management requires more than just cutting costs—it demands a comprehensive and strategic approach.
In this blog, we will explore the best practices for spend management that can empower businesses to streamline processes, maximize value and drive sustainable growth.
An overwhelming majority (91%) of VPs and above find it tough to keep up with demand for new supply chain workflow configurations and capabilities, according to Foundry research. How can leaders rise to the challenge?
One solution is to give non-technical users the ability to adjust workflows without IT involvement.
On this webcast, GEP experts share insights on how to decrease dependence on IT — and achieve resiliency — through no-code/low-code solutions, and they detail the countless advantages that many enterprises are already experiencing.
April 18, 2023 | Supply Chain Software
Predictive analytics enables companies to gain deeper insights into business data and forecast trends using historical data, enabling them to take proactive measures rather than reactive ones.
As more and more companies deploy advanced data analytics, the predictive analytics market is projected to grow to $38 billion by 2028 from 12.49 billion as of 2022.
We’ve done it again! For the third year in a row, we have been named a Leader in the ISG Provider Lens™ Procurement Software Platforms and Solutions 2023 report. As a leading global research advisory firm, ISG recognizes GEP as a leading strategic partner for procurement and supply chain pros seeking to transform their operations.
March 29, 2023 | Inventory Management Software
Warehouse management analytics is a powerful tool for optimizing warehouse operations and driving profitability. It involves the use of data analytics techniques to analyze various aspects of warehouse operations, such as inventory levels, order fulfillment, labor productivity, and more. By leveraging data analytics tools, companies can gain valuable insights and make data-driven decisions to improve efficiency, reduce costs, and increase profitability.
March 15, 2023 | Supply Chain Software
The new Supply Chain Due Diligence Act in Germany mandates companies to uphold human rights and ethical practices within their supply chains.
February 13, 2023 | Supply Chain
Push-based inventory management or pull-based inventory management have been the two extremes in inventory management that businesses have deployed.
Push-based inventory management replenishes from the supply base and manages inventory based on the demand forecast.
Pull-based inventory management, on the other hand, utilizes consumption to replenish the supply base and manage inventory.
Many large manufacturers are switching to vendor-managed inventory systems to lower the costs associated with inventory holding.
