GEP News & Resources
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Navigating Procurement’s Digital Transformation with AI
May 2, 2024
In today's dynamic business environment, the pivotal role of AI in transforming procurement and supply chains is explored in this whitepaper. GEP's comprehensive study delves into AI adoption stages, challenges, and the evolving role of procurement professionals, offering insights into data infrastructure readiness, training, and ROI perceptions. This paper condenses key findings, providing a nuanced perspective on AI integration within procurement and its potential to revolutionize operations
GEP Procurement & Supply Chain Tech Trends Report 2024
March 26, 2024
We’ve researched the five biggest trends in the supply chain space this year, and, drawing on our expertise in procurement and supply chain, we’ll share our perspective and recommendations as well as explore best practices for applying those trends to gain the biggest advantage.
Optimizing Direct Material Sourcing with a Unified, Extensible Source-to-Pay Platform
October 19, 2023
Direct sourcing requires a high level of collaboration between the procurement team and suppliers, and any disruption in the new product development process can lead to delays in production and increased costs. To address these challenges, companies must deploy a holistic approach across both direct and indirect sourcing.
Generative AI in Procurement
October 5, 2023
As President and Co-Founder of GEP, Neha Shah describes herself as an ‘accidental entrepreneur.’
Navigating the Cost-Plus World of Supply Chains
September 22, 2023
This white paper aims to delve into the strategies that enterprises are currently employing, as well as explore untapped possibilities for balancing these three critical priorities - costs, resilience and sustainability.
Driving Supply Chain Sustainability in the Face of Disruptions and Cost Pressures
August 3, 2023
GEP and North Carolina State University conducted a study of 250 supply chain and procurement leaders to examine the state of supply chain sustainability. The paper examines how leaders are approaching the challenging balance of meeting sustainability goals while reducing costs amid disruption and spending pressures.
Adopting AI Responsibly Guidelines for Procurement of AI Solutions by the Private Sector
August 3, 2023
To establish standards for responsible AI practices, GEP has collaborated with the World Economic Forum and prepared this comprehensive report. The report lays down a customizable framework to help businesses adopt ethical AI technology. It has detailed assessment criteria, supplier questionnaires and insights on how to overlay all of it with strong governance.
6 Ways Supply Chain & Procurement can Benefit from Generative AI
August 3, 2023
Generative AI tools such as ChatGPT and Bard are poised to become a game-changer for supply chain and procurement professionals. By using this technology, professionals can improve their efficiency and productivity, and make better decisions that will benefit their organizations.
How a $6 Billion Retail Company Achieved SG&A Savings of $50M with GEP
August 2, 2023
In this case study a large $6 billion retail company with multiple business entities sought to optimize its selling, general and administrative (SG&A) expenses and improve focus on expenditure for strategic priorities. The company partnered with GEP to streamline processes and improve spend visibility, resulting in a $50 million reduction in overall SG&A cost.
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