Clark, N.J. — December 16, 2020 – GEP, a leading provider of procurement and supply chain strategy, software and managed services to Fortune 500 and Global 2000 enterprises worldwide, announced today that Modine Manufacturing Company — a diversified global leader in thermal management technology and solutions ¾ has selected GEP SMART, the industry’s leading procurement software platform, after a thorough selection process.
GEP SMART will enable Modine to manage its entire source-to-pay (S2P) and procure-to-pay processes globally. This includes a full range of functions, including savings tracking, sourcing, contracting, order, catalog management, contract and supplier management, as well as requisition to order. GEP SMART will be integrated seamlessly into Modine’s enterprise resource planning (ERP) platform.
"We selected GEP SMART because it is intuitive and comprehensive, and will provide actionable insights into our spend, as well as manage our entire sourcing and procurement processes in order to deliver greater value to our company, customers and shareholders," said Steven Prokop, category manager, IT & Indirect Materials, Modine.
GEP SMART is a unified, cloud-native source-to-pay platform, built on a data-centric foundation with AI at its core and user-first design. GEP SMART enables Fortune 500 and Global 2000 clients drive optimum efficiency, agility, visibility, and actionable intelligence into all procurement and purchasing functions, while eliminating burdensome infrastructure and support costs, to achieve maximum ROI.
Modine, with fiscal 2020 revenues of $2 billion, specializes in thermal management systems and components, bringing highly engineered heating and cooling components, original equipment products and systems to diversified global markets through its four complementary segments: CIS; BHVAC; HDE; and Automotive. Modine is a global company headquartered in Racine, Wisconsin (USA), with operations in North America, South America, Europe and Asia. For more information about Modine, visit www.modine.com.
GEP SOFTWARETM provides award-winning digital procurement and supply chain platforms that help global enterprises become more agile, resilient, competitive and profitable.
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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, Procurement Leaders and Spend Matters.
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