Latest GEP 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 Business Outcomes by Investing in Sustainable Supply Chains and Procurement
December 7, 2023
This Harvard Business Review Analytic Services report, sponsored by GEP, explores pivotal strategies that companies are adopting to develop enduring sustainability initiatives.
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.
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.
How to Avoid the Pittfalls of Contract Management in Telecom and High-Tech
September 20, 2023
This white paper explores how organizations in high-tech and telecom industries can navigate challenges, improve contract management efficiency, and build a robust risk mitigation strategy.
The Cost-Plus World of Supply Chains The Macroeconomic and Geopolitical Environment
August 3, 2023
A report sponsored by GEP that is based on a survey conducted between January 2023 and March 2023 of 400 executives in the US and Europe who were familiar with their organization's supply chain strategy and operations.
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.
Cost Efficiency and Risk Management Through a New Kind of Supply Chain Model
August 3, 2023
This paper examines how the partnership boosts efficiency and resiliency through greater visibility, financial flexibility and risk mitigation.
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.
ChatGPT - What Procurement Leaders Need to Know and Do Right Now
August 2, 2023
ChatGPT, the headline-grabbing chatbot-on-steroids tool from Open AI, is a powerful example of how a new wave of emerging AI-driven natural language content development tool will transform (for better and for worse) companies, industries and our lives.
How a Global CPG Company Saved 20% on Packaging Costs By Partnering With GEP
August 2, 2023
A U.S.-based consumer packaged goods company sought to better manage its packaging spend, strengthen its forecasting capabilities and enhance inventory management in the category. It partnered with GEP and streamlined the direct category, reducing packaging costs by 20%.
Global CPG Leader Adopts a New Procurement Operating Model
August 2, 2023
In this case study a multinational consumer packaged goods (CPG) manufacturer wanted to transform its procurement and streamline source-to-pay (S2P) processes. The company had near-zero focus on its indirect spend and a reactive support model that prevented it from capitalizing on global synergies.
Outlook 2023 Supply Chain & Procurement: Key Trends, Challenges, and Opportunities
June 13, 2023
Supply chain and procurement leaders enter 2023 with a lot on their minds. The business outlook, stressed by war, inflation, interest rate changes, and more, will prompt many firms to take a cautious approach. Leaders from supply chain and procurement leaders will wield their supply chains to advance social causes and their corporate values. They will accelerate ESG outcomes, and they will accelerate digital transformation. These leaders hold the keys to unlocking a brighter and more productive future. This is their...