Strategy

 Create a Winning Procurement Strategy

Expectations from the boardroom and C-suite are rising precipitously. To meet them, enterprise procurement organizations need to innovate, reinvent and transform themselves. This means taking a fresh look at the current procurement structure and ensuring its alignment with your business objectives today.

At GEP, we believe in nothing less than procurement excellence. It's not about being better — it's about being best-in-class. We'll help you develop an organization-wide procurement strategy — aligned to your business goals — that's engineered for success.

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Procurement Benchmarking

What can't be measured, can't be improved. That's why, at GEP, we do first things first — assess your procurement organization's performance to know where it stands currently and where it needs to go, based on your business vision and objectives. We benchmark your procurement processes and technology against best-in-class practices using relevant KPIs and then develop a transition roadmap.

 

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Opportunity Identification

A key objective of every procurement organization is to generate maximum value for the enterprise by identifying cost reduction areas, including savings opportunities, wherever possible. GEP helps you identify these opportunities — whether they involve a make-or-buy decision, low-cost country sourcing, or achieving post-merger synergies from your procurement organization. We base all of this on a clear understanding of your corporate strategy, prevalent market conditions, and consumer demand.

 

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Category Planning

In category planning, one size does not fit all. A focused approach to planning and budgeting creates the right foundation for evaluating opportunities and managing risks – especially with volatile commodities like raw materials and energy. We help our clients plan their spending in key categories by analyzing market trends and impending price fluctuations. Our market intelligence teams track key markets to anticipate these variances and help you plan accurately. 

 

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Technology Enablement

At GEP, we believe sourcing and procurement technology must adapt with your business needs. We help you make the right investments in e-procurement technology to catalyze an agile and responsive sourcing process. SMART by GEP, our proprietary, cloud-native procurement software, can be configured to your requirements and help you improve transparency and information sharing across regions and business units.

 

GEP combines a laser focus on procurement with an expansive global footprint that leverages top talent from around the world. GEP people are active on every continent and in every major economic market, including Brazil, Russia, India, China, Mexico, Germany, continental Europe, Australia, the United Kingdom and the United States. That's one more reason we offer more value than anyone else.

Create high-performing procurement strategies aligned to your business needs with GEP.

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