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Advisory and Consulting, BPO, e-Procurement, Market Intelligence, Procurement Outsourcing, Purchase to pay, Solutions and Technology, Transformation
GEP is a leading global provider of procurement services, procurement software and end-to-end procurement outsourcing, focused exclusively on sourcing and procurement. Today GEP helps enterprise procurement teams at more than 200 Fortune 500 and Global 2000 companies maximize their impact on business operations, strategy and financial performance.
With the broadest procurement solutions mix available anywhere, we serve a wide range of industries, including consumer packaged
WHITE PAPERS AND RESEARCH
GEP Procurement Outlook 2016
The GEP Procurement Outlook Report 2016 features global economic and business supertrends that will impact the procurement function in 2016 and beyond.
Transformation Horizon: Creating Gravity-Defying Change in Procurement
Good news is we’ve arrived. At many global enterprises, procurement executives are now key players in the businesses’ strategic, operational and financial plans. With expectations high in boardrooms, how do you move the needle year after year? Two words, huge concept — procurement transformation.
Now Procurement Leaders magazine and GEP have come together to bring to you Transformation Horizon: Creating Gravity-Defying Change in Procurement — a practical, insight-packed guide to high-impact
The MRO Inventory Dilemma: A Two-Pronged Approach to Optimize Stock and Drive Savings
Analysts estimate that up to 60 percent of all MRO inventory in an enterprise is excess, obsolete or rarely used. That adds up to unnecessary waste, higher production costs and a lower bottom line. But it doesn’t have to be that way.
In a new white paper The MRO Inventory Dilemma: A Two-Pronged Approach to Optimize Stock and Drive Savings, GEP’s MRO experts explain the key reasons that lead to excess, obsolete, or infrequently used MRO inventory, based on experience of working with hundreds of
2015 Source-to-Settle for Manufacturing Report
Complex supply chains, stringent regulatory and compliance requirements, and a vast spend portfolio – managing sourcing and procurement operations in the manufacturing industry is no mean feat.
Although procurement automation can help manufacturing companies drive savings, performance and value from their procurement operations, many enterprises don’t know where to start.
There are a number of software tools and applications available to automate all procurement processes – from sourcing to
The Procure-to-Pay Automation Playbook
Success in procure-to-pay (P2P) automation depends as much on the implementation as it does on the choice of the P2P software.
Planning, strategy, and change management are all required, but without a holistic vision of what you’re trying to achieve and a clear understanding of the opportunities on offer, even the best P2P system won’t get you anywhere.
In a new, practical guide — The Procure-to-Pay Automation Playbook — by Procurement Leaders magazine and GEP, leading P2P experts and
10 Things Every Procurement Leader Needs to Know
Few people know more about procurement than Rick Hughes. An industry heavyweight who has witnessed first-hand the impact of globalization on enterprise procurement organizations, the shift toward outsourcing, and the evolution of the procurement function over the last three decades — Rick has been there, done that.
In this exclusive insight piece, 10 Things Every Procurement Leader Needs to Know, Rick reveals the key lessons he has learnt about the role of a procurement professional in his
The Source-to-Pay Automation Playbook
The Source-to-Pay Automation Playbook
Source-to-Pay (S2P) automation can deliver huge benefits to the procurement organization and the wider enterprise, making you and your team heroes – if you get it right.
No worries there – because our friends at Procurement Leaders Magazine are sharing authoritative insights and practical advice on what to do AND not do in a new handy guide – The Source-to-Pay Automation Playbook. The report features leading S2P technology experts and enterprise users
Ending Gain Drain: Strategic Sourcing Programs & Compliance
We all agree — strategic sourcing can bring impressive bottom-line benefits to the enterprise.
But why are some procurement organizations able to realize long-term, sustainable results, while others see them leak away? Compliance.
In a new white paper, Ending Gain Drain: Strategic Sourcing Programs & Compliance, GEP explains why many enterprises fail to achieve the desired outcomes from their strategic sourcing initiatives and how compliance can help them achieve sustainable results. The
IT Services Sourcing in Continental Europe: Changing Preferences and New Directions
In a new white paper, IT Services Sourcing in Continental Europe: Changing Preferences and New Directions, GEP’s category experts discuss the shift in the regional IT services supplier landscape and its impact on IT services outsourcing. The paper also talks about the emergence of India as the new IT services outsourcing destination for European companies.
Promote This: How Procurement Can Deliver Big Savings and Better ROI on Branded Promotional Merchand...
In a new insightful paper, Promote This: How Procurement Can Deliver Big Savings and Better ROI on Branded Promotional Merchandise, GEP’s experts break down the inner workings of the promotional merchandise industry and the unique dynamics that drive the pricing in this category. The paper also offers practical tips and advice to optimize your spend and get the most value from your branded merchandise suppliers.
Next-Gen Spend: Accelerating Procurement Performance with Data-Driven Strategies
In Next-Gen Spend: Accelerating Procurement Performance with Data-Driven Strategies, industry wiseman Andrew Bartolini of Ardent Partners demonstrates how procurement organizations can leverage next-gen spend analysis tools to drive insight-driven decision making for the enterprise. Bartolini also details how advanced spend analytics tools can help produce strategic intelligence for sourcing and supply risk management.
Perfect Alignment: How Procurement and Finance Can Work Together to Achieve P2P Excellence
Procure-to-Pay (P2P) technology can, no doubt, drive some truly significant gains in productivity. But if procurement and finance are not on the same page, your P2P solution can do more harm than good.
In a new white paper, Perfect Alignment: How Procurement and Finance Can Work Together to Achieve P2P Excellence, GEP shows you how enterprises can execute P2P initiatives that boost collaboration between procurement and finance teams, delivering far higher productivity gains across the board. T
Agency Compensation: Identifying, Measuring and Mitigating Hidden Costs
The devil is in the details. More so, in an agency contract. Many enterprises fail to identify the hidden costs in agency compensation and end up paying more than the fair value to their agencies.
In a new white paper, Agency Compensation: Identifying, Measuring and Mitigating Hidden Costs, GEP explains how enterprises can uncover and manage hidden costs in agency remuneration, and optimize their marketing spend.
The paper also recommends an approach for procurement executives to their engage
Procurement in the Insurance Industry: Three Key Focus Areas to Improve Performance and Optimize Sav...
The claims department can account for up to 80% of total spend in an insurance company. So it’s little wonder that procurement organizations at leading insurers often struggle to achieve significant savings without affecting their customer claims experience.
In a new white paper, Procurement in the Insurance Industry: Three Key Focus Areas to Improve Performance and Optimize Savings, GEP’s experts recommend a three-point framework to help insurance companies drive more value from their claims
Epic Fail: 5 Proven Ways to Botch Your Supplier Relationship Management Program
More than half of leading global enterprises do not have an effective supplier relationship management (SRM) program in place, studies say.
Why do so many otherwise successful organizations founder on SRM?
And how can your team avoid the same fate?
In a new white paper, Epic Fail: 5 Proven Ways to Botch Your Supplier Relationship Management Program, GEP alerts you to the five key reasons why many enterprise SRM initiatives fizzle out or fade into ignominy.
It doesn’t have to be that
GEP Trend Report: Strategic Sourcing and Procurement Outlook 2015
New year, new goals, new challenges. What should procurement leaders be focusing on in 2015? What should be on their agenda?
In a timely new report, Sourcing and Procurement Outlook 2015, GEP shares key global economic and business trends that will shape and drive procurement strategies in 2015 and beyond. The report also highlights top priorities and focus areas for CPOs and procurement professionals this year, based on discussions with procurement leaders at Fortune 500 and Global 2000
Crude Oil: Impact, Opportunities and Strategies for Procurement
Crude oil prices hit multiyear lows recently. What does this mean for sourcing and procurement teams? How can your enterprise benefit from lower oil prices?
In a timely new white paper, Crude Oil: Impact, Opportunities and Strategies for Procurement, GEP’s commodity and category experts discuss the impact of lower crude oil prices on procurement and supply chain, and the savings opportunities they offer for enterprises sourcing and procurement teams.
The paper also describes four key strategies
Procurement Outsourcing: A Field Guide
Enterprise procurement organizations worldwide are stretching to fulfill rising expectations, increased responsibilities and higher savings targets, often without meaningful increases in people or resources.
Procurement outsourcing can not only help meet these objectives, but also bring about transformative changes — if done right.
In a new, informative report by Procurement Leaders & GEP — Procurement Outsourcing: A Field Guide — leading industry experts share insight, experience and
Procurement Transformation: Driving Performance & Results Beyond the Limits of Leverage
Procurement is evolving rapidly – the roles, the skill sets, the deliverables and metrics.
Keeping pace is tough enough, let alone getting ahead. How can you get ahead of the new wave of next-gen challenges? Procurement Transformation.
In an important new white paper — Procurement Transformation: Driving Performance & Results Beyond the Limits of Leverage — industry bellwethers GEP and Everest Group share insights, experiences and tips on how to get your enterprise procurement team to the next
Is Procurement Ready for the Mobile Revolution?
The “Internet of all things”. Always-on, always-connected devices. Anytime, anywhere access to information. The mobile revolution is here and it’s changing the way we work and do business.
But is your procurement team ready to make the most of this transformation?
In a new, thought-provoking white paper — Is Procurement Ready for the Mobile Revolution? — GEP delves into the dynamics of increasingly mobile work and lifestyles and their impact on the procurement function. The paper also offers
Technology Adoption Report: Business Networks
Enterprise procurement teams worldwide are now routinely leveraging third-party B2B supplier networks — like The Business Network from Hubwoo — to discover new suppliers, boost process efficiencies and compliance, and capture additional savings. Why are B2B networks gaining greater traction now?
Get up to speed in the latest research report from Ardent Partners – Technology Adoption Report: Business Networks. This insight-packed report details the continuing evolution of third-party B2B
Procurement Analytics in the Era of Big Data: What CPOs Need to Know
Big data analytics will drive big change in procurement – change in some new and very surprising ways.
In a new GEP-sponsored white paper, Procurement Analytics in the Era of Big Data: What CPOs Need to Know, The Hackett Group explains how procurement organizations can use big data analytics to make better-informed decisions that increase their business impact and improve savings performance. Hackett also details the new skills and capabilities procurement organizations need to support an
Procurement in 2025: Five Megatrends & Their Implications
You finally have “a seat at the table.”
You’re recognized as a key member of senior leadership in a role of critical strategic importance. But now, along with far more opportunities, you’re encountering new expectations, new challenges, new requirements.
How can you best prepare yourself and your team for this kind of structural change?
In a new GEP white paper, Procurement in 2025: Five Megatrends & Their Implications, respected industry analyst Michael Kushner of Alsbridge helps you
Making It Count - Capturing and Measuring Procurement Cost Savings
Show us the savings.
Sounds simple, but divergent views among your company’s senior leaders on exactly what constitutes true savings, and how to measure them, can make for some frustrating discussions.
But it doesn’t have to be that way.
In a new GEP-sponsored white paper, Making it Count: Capturing and Measuring Procurement Cost Savings, Shahid Bhatty of ISG shares ten effective techniques to precisely measure cost reduction and cost avoidance in any procurement program.
Purchasing Business Insurance: A Playbook for Procurement Pros
In the face of mounting risk and rising premiums, large global enterprises are increasingly looking to procurement to help lower insurance costs and enhance value from their spend.
Fact is that purchasing insurance for the enterprise requires knowledge, strong market understanding and a certain “ingenuity” in approach. GEP’s latest white paper, Purchasing Business Insurance: A Playbook for Procurement Pros, offers proven strategies, practical tips and advice on securing the coverage your
Rx — Performance-Boosting Procurement Strategies for Life Sciences Industry
With shrinking margins and increasing regulations, global life sciences companies are working harder to sustain profits. The good news is, procurement pros can help enhance the bottom line, making policy and process improvements that create new, very sustainable sourcing efficiencies.
In a timely white paper, Rx – Performance-Boosting Procurement Strategies for Life Sciences Industry, GEP shares a set of creative procurement strategies to help life sciences companies realize new or untapped
Integrating Suppliers in Sales & Operations Planning
Frequent stock-outs, lost sales, poor capacity utilization — issues such as these point to inefficiencies in sales & operations planning (S&OP). Often, they occur due to lack of supplier involvement in the process.
Indeed, suppliers can add significant value to the planning process and help enterprises meet their business objectives. In a new paper, Integrating Suppliers in Sales & Operations Planning, GEP explains how top procurement organizations effectively engage their suppliers in S&OP.
The Five Worst Practices in Procurement
Why do some procurement pros find success on the fast track and others...not so much?
Successful procurement pros have a solid grasp on the perspectives and priorities of the people they serve. In a frank, new white paper, The Five Worst Practices in Procurement, noted industry veteran Bill Huber of Alsbridge speaks about five common mistakes that impede success of procurement professionals within their own organizations.
A must-read for success-minded sourcing and procurement professionals.
The Pitfalls of Consortia Buying for Large Global Enterprises
Consortium buying attempts to create, and then harness, economies of scale to boost purchasing power and save you money. And some businesses – especially small & medium-sized enterprises – can derive some benefits from consortium buying.
But why do consortium-buying models often fail large, global enterprises?
In The Pitfalls of Consortia Buying for Large, Global Enterprises, researchers from GEP describe the most serious challenges associated with consortium-buying models, demonstrating
Marketing Agency Compensation — Choosing the Best Model for Your Company
Fixed fee or media commission, value-based pricing or cost-plus — how do you get more value from your ad agency, without compromising on results?
Truth is, there’s no magic bullet, no one-size-fits-all solution. In Marketing Agency Compensation — Choosing the Best Model for Your Company, GEP evaluates the pros and cons of various remuneration practices to help you maximize your marketing ROI, while paying a fair compensation to your agency for its performance.
Third-Party Risk Management — A Take-Charge Approach
Natural disaster, political crisis, regulatory change, financial panic – your supply chain faces no shortage of threats. So you don’t need problems from third-party sources.
The good news is that there is a lot you can do to avoid, reduce or mitigate third-party risk. In Third-Party Risk Management — A Take-Charge Approach, GEP shares more than a dozen years of hard-won insight on the most effective methods to sidestep third-party risk, giving you some simple steps that you can take today.
Sea Change in Telecom Industry: Nine Trends Impacting Sourcing and Savings Strategies
The Telecom industry in flux — new regulations, advancements in technology, shifts in user preferences. What do these changes mean for your business? How do they impact procurement?
In a new report, Sea Change in Telecom Industry: Nine Trends Impacting Sourcing and Savings Strategies, GEP details key developments in the global telecom sector, and the opportunities and challenges that they present for enterprise procurement organizations.
Learn how to mitigate downside risk and capitalize on
Strategic Approach to Sourcing Fine Chemicals
Limited supply partners, highly volatile prices, stringent government regulations – sourcing fine chemicals isn’t simple.
The nature of the fine chemicals industry, and its associated cost structures, make traditional sourcing strategies ineffective in adding more value.
In Strategic Approach to Sourcing Fine Chemicals: Key Challenges, Opportunities and Market Trends, GEP describes proven strategies and best practices for sourcing fine chemicals that will help you reduce costs and drive more
Secrets of an M&A Hero: How CPOs Achieve Best Value at Enterprise Scale
It’s no surprise. When the deal closes, the C-Suite inevitably looks to procurement to help drive maximum value from the deal. But just how do CPOs and the enterprise procurement teams they lead rise to the challenge?
Our latest white paper, Secrets of an M&A Hero: How CPOs Achieve Best Value at Enterprise Scale, provides you useful, practical insight and key strategies to realize maximum savings across the board through well-planned and effective integration execution.
Finding Greener Pastures: A Strategic Approach to Sourcing Suppliers in Emerging Markets
High-growth, emerging markets promise big savings. How do you capture that value without spiking your risk? In “Finding Greener Pastures: A Strategic Approach to Sourcing Suppliers in Emerging Markets”, GEP outlines five essential steps for success in these high yield, but sometimes volatile markets. A must-read for any procurement professional looking to understand and succeed in any emerging market.
Commodity Risk Management – Methods in the Madness
The procurement team’s success in managing commodity risk is often the difference between profit and loss, especially in volatile markets. In Commodity Risk Management – Methods in the Madness, GEP spells out multiple techniques to mitigate risk and manage commodity costs.
Legal Services – A Value-Based Approach to Strategic Sourcing
They say legal services are complex and difficult to source. But the smart money can achieve impressive savings with far less headache. How? Read Legal Services – A Value-Based Approach to Strategic Sourcing for a proven game plan and some surprising tips on capturing impressive savings on your legal spend.
Getting Procurement Savings to the Bottom Line
“A must-read for any procurement and finance leader”
When procurement and finance speak the same language, the whole enterprise benefits. No doubt easier said than done – but GEP gives you a huge leg up with a new whitepaper, “Getting Procurement Savings to the Bottom Line”. This essential report details where these disconnects are and how to fix them. A must-read for any procurement and finance leader.
Enterprising Minds: How Federal Acquisition Executives Can Capitalize on Private-Sector Innovation
With increasing fiscal pressures and shrinking discretionary budgets, many federal procurement and acquisition executives are finding it increasingly difficult to lower their costs, while maintaining – if not always improving on – their required deliverables.
Now, in a powerful new white paper, Enterprising Minds: How Federal Acquisition Executives Can Capitalize on Private-Sector Innovation, GEP outlines a strategic approach for acquisition professionals to best leverage the most effective
GEP TREND REPORT 2014
It’s the essential report you’ve been waiting for – by the sourcing and procurement experts at GEP. This annual report forecasts the most important, most influential trends impacting enterprising sourcing and procurement professionals over the next twelve months. Broad trends and category-specific insights will help prepare any you and your team for the upcoming year. A must-read for any procurement professional – download now.
The Future of Procurement Technology
Procurement technology—largely divided into Source-to-Contract and Procure-to-Pay—has become a de facto platform for companies’ purchase teams to manage their procurement of goods and services, suppliers, and budgets. Procurement technology today offers extensive integration, visibility, and controls to the enterprise, helping purchasing executives operate more efficiently while saving from such economies. But it isn’t stopping here.
The Next Frontier: Unlocking Value with Tail-Spend Management
Many companies neglect their tail-spend, letting millions slip through their fingers. It doesn’t have to be that way. This new white paper details best practices for implementing a successful tail-spend management program, providing an integrated approach to managing tail-spend in four simples steps. Realize sustainable gains that really add up with this white paper today.
Top 10 Best Practices in Procurement Outsourcing
The objective of this research paper is to describe the top-ten best practices in PO that will help current and prospective PO buyers realize value from their PO engagements. Beyond these, there are several generic BPO practices that would also apply to PO. However, PO, with its unique value proposition among BPO segments, requires buyers to focus on these PO-specific best practices to drive value and achieve the significant benefits that PO engagements have to offer.
GEP Value Trends: Procurement Outsourcing
Procurement outsourcing is gaining momentum and procurement professionals are asking what this really means. GEP Value Trends: Procurement Outsourcing deciphers the trends and their impact on enterprise procurement teams.
GEP Value Trends: Procurement Strategy
Procurement leaders are concerned about gaps between the procurement function and the strategic priorities of the overall enterprise, and its constituent business units, as well as chronic resource and skills shortages. GEP Value Trends: Procurement Strategy examines these and other important findings in greater depth.
GEP Value Trends: Procurement Technology
Procurement technology is poised at an interesting stage, with new trends emerging vis-à-vis the adoption of tools and applications. Besides, cloud computing is having its own impact on the scenario. GEP Value Trends: Procurement Technology endeavors to tackle these, and other related issues, in a comprehensive manner in this new report.
Prolonged Recovery: What More can CPOs Do?
The prevailing economic scenario is uncertain and the supply chains are in fragile state. This will compel companies to engage with procurement in a more meaningful and collaborative way. Moreover, they’ll have to shift away from short-term measures and dig deeper into the supply chain for solutions. This white paper lists some steps that CPOs can take to drive savings in troubled times.
Medical Insurance Spend Management
Procurement can make a surprising impact on the rising costs of medical insurance spend – with the right approach, there is the potential for big savings. In this white paper, GEP describes three cost-saving strategies that will help lower your medical insurance spend. Download this free white paper now and find out how.
Demystifying Procurement Outsourcing: A Primer for Business Leaders
In this exclusive interview with procurement and supply chain veteran Wayne Clark, we help demystify procurement outsourcing so you can better understand what companies should look for in a procurement services provider, and the keys to success with procurement outsourcing. Wayne also provides tips on evaluating, planning and implementing such an initiative. Download this primer to learn more about outsourcing the procurement function.
Streamline your Purchasing with P-Cards
Purchasing Cards (P-Cards) are not a new concept, but remain overlooked by procurement as an expert’s tool to streamline purchasing processes for low cost items. However, the successful adoption of a P-Card program is possible by following policy guidelines and ensuring effective communication. Download this white paper to understand the entire P-Card process, adopt the requisite policies and guidelines, learn to balance the benefits and risks, and find out whether to outsource and what
Change Management in Procurement Outsourcing
Procurement outsourcing has helped in the metamorphosis of the procurement function by creating greater value compared to the traditional practice. However, the process of outsourcing is associated with several changes to the existing procurement practice and a clear understanding of key value levers is essential to fully appreciate the need for the change management process. GEP’s unique Six-Step Change Management Model provides a holistic solution to manage change. Download this white paper
How to Reduce Complexity in Procurement Management
Sourcing and procurement professionals are struggling with new challenges and expanded responsibilities, making procurement management even more complex. In this new white paper, GEP outlines several steps that procurement professionals can take to decrease complexity and increase savings. Download this free white paper now and learn how.