GEP brings years of experience in managing sourcing activities across hundreds of indirect and direct categories.
Leveraging the powerful, cloud-based RFx/Auction tools of SMART by GEP®, our sourcing teams consistently deliver large gains in hard savings, responsiveness and time, so our clients can tackle more strategic, value-added activities.
GEP successfully manages thousands of sourcing events every year, ranging from the relatively straightforward to the exhaustively complex, across almost every category. No other provider brings more practical know-how to bear on each sourcing engagement.
The product name, SMART by GEP sums up its approach: using software to help customers’ employees make better, faster buying decisions. Leaders who choose GEP’s suite will get a P2P solution that is consistently good across most criteria. GEP is a good option for large multinationals that want intelligent procurement software for both upstream and downstream, in a single, cost-effective ePurchasing suite.
– Forrester Research
Sourcing via RFx/Auctions
RFx/Auctions are integral to a procurement organization’s sourcing efforts. GEP offers end-to-end support, bringing a nuanced approach to seamlessly execute a complex set of tactical and strategic activities.
- Designing RFx by leveraging our vast library of RFP templates for most categories
- Assessing category suitability for auctions
- Developing category-specific auction strategies, including pre-auction filtering, lotting structures, bidding rules, visibility and extension rules among others
- Auction setup, training and supplier communication
- Support for suppliers during the event
- Post-auction bid and scenario analysis
- Our teams are expert users of all major sourcing platforms, but we also can leverage our own highly versatile, best-in-class sourcing tools.
Learn more about SMART by GEP's RFx/Auction tools.