Latest posts about GEP
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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.
How Procurment and Supply Chain Leaders Should Handle Supply Chain Disruptions
February 22, 2024
GEP outlines key steps organizations should take to keep supply chains resilient amid the growing instability on the Red Sea route.
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.
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.
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.
ChatGPT’s Impact on Supply Chain Efficiency and Agility
August 3, 2023
If there was any doubt about how artificial intelligence can change the business landscape, the launch of ChatGPT has proved to be decisive.
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.