Demand for Raw Materials Goes Down Reflecting Recession Risks

The GEP Global Supply Chain Volatility Index — a leading indicator tracking demand conditions, shortages, transportation costs, inventories and backlogs — shows declining demand for raw materials, commodities, and other components needed to provide finished goods and services in December, reflecting the growing risk of a recessionary period ahead. Additionally, more businesses are safety stockpiling […]

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VIDEO 2023: Procurement Stepping Up To Battle Inflation

2022 had its challenges and the hope is that 2023 will bring more opportunities for businesses. John Piatek, VP Consulting Services at GEP, takes a look at what the new year will bring in the area of procurement and supply chain development as a whole. You can watch a short summary of GEP’s report for […]

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GEP Acquires Costdrivers

GEP®, a leading provider of supply chain strategy and software to  Fortune 500 and Global 2000 enterprises worldwide, announced today it has agreed to acquire  COSTDRIVERS®, a leading supply markets forecasting, pricing trends and cost-modeling  platform, and procurement intelligence and data science firm Datamark® Ltd., based in Sao  Paolo, Brazil, through the acquisition of its […]

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GEP Helps Indian Energy Producer With Spending Worldwide

GEP®, a leading provider of procurement and supply chain strategy, software and managed services to Fortune 500 and Global 2000 enterprises worldwide, announced that DB Power Ltd., one of India’s leading electricity production and distribution companies, selected, rolled out and started using GEP SOFTWARE™, the industry’s leading procurement and supply chain platform, to support all its direct […]

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Absolute Company Selects GEP’s Procurement Software

GEP®, a leading provider of procurement software and services to Fortune 500 and Global 2000 enterprises worldwide, announced today that The Absolut Company, one of the world’s leading spirits companies, selected GEP SOFTWARE™, the industry’s premier procurement and supply chain software, following a competitive review. The Absolut Company produces and markets several of the world’s leading spirits brands, […]

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Video |Why working with competitors is a bonus

‘One of the lessons learned in the pandemic is that supply chains are really at the heart of an organization,’ begins Monique Alblas, Global VP Consulting at GEP. Alblas spoke in an exclusive video interview with The Logistics Point about the future of sustainability along the supply chain, what steps need to be taken and […]

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