How Enterprises Can Combat the Global Chip Shortage
This paper recommends steps that businesses should take to secure their electronic components supply and avoid production and order fulfillment delays.
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NAFTA to USMCA: 3 Strategies for Automakers to Adapt to the New Rules
March 17, 2022 | Sourcing Strategy read
The United States-Mexico-Canada Agreement or USMCA has reset many trade and sourcing rules for automotive manufacturers who were tuned to the North American Free Trade Agreement (NAFTA) for nearly 25 years.
From 1994 to 2020 (when NAFTA was replaced with USMCA), most original equipment manufacturers (OEM) in the automotive sector knew the rules, the exceptions, and where and when to apply them.
Turn ideas into action. Talk to GEP.
GEP helps enterprise procurement and supply chain teams at hundreds of Fortune 500 and Global 2000 companies rapidly achieve more efficient, more effective operations, with greater reach, improved performance, and increased impact. To learn more about how we can help you, contact us today.
Krish Vengat N.
Vice President, Consulting
Krish is a seasoned procurement and supply chain management professional proficient at delivering sustainable cost savings and process improvements across industries. He has been a part of multiple procurement transformation initiatives and secured around a billion dollars of savings in direct- and indirect-related spend and supply chain operations. His clients at GEP include Fortune 500 companies, primarily in CPG, automotive, and industrial manufacturing.
How U.S. Retailers Can Prepare for the Domino Effects of the Russia-Ukraine War
This GEP bulletin provides strategies retail companies in the U.S. can deploy to manage the supply chain risks and rising costs arising from the Russia-Ukraine war.
How To Mitigate the Impact of the Russia-Ukraine War on Your Supply Chain
This article lists short- and medium-term measures companies can take to manage and reduce supply chain risks amid the Russia-Ukraine war.
How Procurement Can Help Unlock Value From Media Agencies
This paper looks at how procurement can help companies get the most from their media agencies, optimize media spend and drive digital strategies focused on price efficiencies.
How did the Planned 5G Rollouts Nearly Cause Turmoil within the US Airlines?
March 04, 2022 | IT & Telecom read
The introduction of 5G cellular networks has the potential to revolutionize the U.S. economy. However, in the past few months, multiple factors have derailed the rollout of 5G technology across the country; the latest being a last-minute complaint by the Federal Aviation Administration (FAA) that made the Federal Communications Commission (FCC) and major wireless companies like AT&T and Verizon postpone the launch of this service.
The Role of Utilities Is Changing, So Should Procurement
This exclusive bulletin guides you through the biggest trends in the utilities industry and provides actionable strategies for procurement.
US Infrastructure Bill and Its Impact on the Construction Industry
February 21, 2022 | Market Intelligence read
After months of negotiations, the U.S. Congress approved the Infrastructure Investment and Jobs Act in November 2021. This bill carries a price tag of $1.2 trillion, which includes $550 billion for transportation, broadband and utilities; $110 billion for roads, bridges and other major infrastructure projects; and $40 billion for repair and replacement of bridges.
How To Manage Automotive Supply Chains Amid Canada Trucker Protests
February 14, 2022 | Supply Chain Risk Management read
The truckers’ protests in Canada have battered the automotive supply chains in North America, leading to mounting losses for automakers and parts suppliers. Top automakers, such as GM, Ford and Toyota, announced production cuts to manage the shortage of parts suppliers after truckers blockaded several U.S.-Canada border crossings, including the Ambassador Bridge (which was cleared by police on February 13).
Turn ideas into action. Talk to GEP.
GEP helps enterprise procurement and supply chain teams at hundreds of Fortune 500 and Global 2000 companies rapidly achieve more efficient, more effective operations, with greater reach, improved performance, and increased impact. To learn more about how we can help you, contact us today.
Krish Vengat N.
Vice President, Consulting
Krish is a seasoned procurement and supply chain management professional proficient at delivering sustainable cost savings and process improvements across industries. He has been a part of multiple procurement transformation initiatives and secured around a billion dollars of savings in direct- and indirect-related spend and supply chain operations. His clients at GEP include Fortune 500 companies, primarily in CPG, automotive, and industrial manufacturing.
GEP Spend Category Outlook 2022
Global supply chains continue to feel the pressure from a host of risks and uncertainties – an unending pandemic, inflation, material shortages, climate change and geopolitical issues. 2022 offers challenges, but also opportunities to control costs and gain certainty amid the chaos.
What do businesses need to seize this moment and shore up their supply networks?