Enterprises today are plagued by inadequate supplier performance and growing supply chain risks. Poor compliance and shifting business requirements chip away at cost savings, often leaving CPOs in the unenviable position of having to justify their procurement teams’ strategic contributions to the overall business.
Stay on top of your game with GEP’s Supply Market Intelligence Services
But while these factors greatly amplify the need for effective cost control measures, the C-suite is increasingly focused on the bigger picture — driving innovation and continuous improvement through procurement transformation.
Our sourcing and category experts closely monitor diverse supply market dynamics to optimize customized sourcing drivers.
We employ category-specific strategies to substantially reduce your spend across all the areas that present the biggest challenges internally. Also on offer are low-cost country sourcing, supplier diversity enhancement and market intelligence services on demand.
Extensive Category Expertise
At GEP, we focus on the following four aspects to transform your sourcing and category management processes, and bring you closer to your transformation goals:
GEP is adept at implementing savings-oriented, category-specific strategic sourcing road maps for ongoing category management. Designed to accommodate diverse corporate settings and goals, our innovative strategic sourcing levers can help your organization realize greater cost savings and process improvements.
We use technology, techniques and tools that go far beyond unit price reduction to address deeper, often untapped opportunities for savings. Our delivery approach is flexible at its core. We harness the power of our unified solutions to configure programs that suit your specific goals — from multiyear programs to achieve specific savings targets, to short-term, category-specific engagements to bolster in-house expertise.
We manage over $160 billion in annual spend across all indirect and most direct categories, including MRO, CAPEX, IT & telecom, packaging, energy, logistics & transportation, professional services, and direct materials. We have more than 200 category experts on staff, dedicated market intelligence and analytics teams, a repository of best-practice methodologies and a rapidly increasing global database of more than 35 million suppliers.
Our category managers are commodities and materials specialists, highly focused on the particular requirements and realities of distinct markets. A powerful mix of outstanding analytical and sourcing tools, talent and supporting infrastructure are situated in regional offices and operations centers across the globe — so we hit the ground running to deliver value from day one.