Blanket Order

Reduce costs and boost your buying power with GEP SMARTTM. Leading enterprises worldwide use GEP SMART’s blanket order functionality to effectively manage recurring, pre-specified purchases and drive higher purchasing compliance. Artificial intelligence powered GEP SMART analyses purchasing trends with each supplier and recommends consolidation of multiple purchases into a single blanket order and provides insights for procurement teams to negotiate buying terms.

Just like catalogs, users can access blanket purchase order agreements from GEP SMART’s central repository and initiate purchase from any department at any enterprise location. With robust approval routings and streamlined blanket order workflows, enterprises can significantly improve their purchasing efficiency and shorten purchasing lead time. Results? Leaner operations and improved inventory management.

And, it doesn’t end there  being a unified procurement platform, GEP SMART continuously monitors every blanket purchase order in the system, matches it with spend data to ensure compliance with the purchasing terms and mitigates the risk of overspending.

 

THE GEP SMART ADVANTAGE

Punch-out Catalogs

No more of manual catalog maintenance. Find a consolidated list of items from all supplier websites, external procurement applications or hosted e-procurement systems at one place – GEP SMART

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Hosted Catalogs

Eliminate the need to integrate complicated e-commerce systems or rely on third-party operators – GEP SMART’s hosted catalogs make it easier for suppliers to sell more and for enterprises to buy better

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Guided Buying

Purchase goods and services through the best buy-pay channel and from preferred suppliers. Fine-tune the guided buying process to suit your buying preferences and drive higher compliance with GEP SMART

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Blanket Order

Effectively manage recurring, pre-specified purchases, drive higher purchasing compliance and achieve leaner operations with AI-powered GEP SMART

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Catalog Maintenance

Provide your suppliers access to maintain, update and refresh their catalogs, and customize pricing and inventory and enjoy a familiar shopping experience

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Contract Utilization

Track your contract utilization and evaluate whether or not your hard-negotiated contracts are delivering optimal value and savings with GEP SMART