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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Monitoring spending in real time – top priority for supply chain

The change brought to supply chains around the globe in 2020 will require companies to shift many aspects of their operations. According to John Piatek, GEP’s vice president, consulting, consumer goods and retail, and chairman of the firm’s Thought Leadership Council, organisations will have to rethink the whole ecosystem of partners and how decisions are […]

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