GEP Insights

Beyond Vision: Executing To Drive Procurement Performance

Having a broad, forward-looking vision is crucial for success — when navigating a complex, dynamic marketplace, one needs to have a clear idea of the path forward.  However, vision without execution is just vision unfulfilled. It’s execution that ensures outcomes and delivers value, drives ROI, and promotes user engagement and adoption.   In this podcast — Beyond Vision: Executing To Drive Procurement Performance — GEP experts take a deep dive into what you need to consider to execute on your vision. They also discuss best practices and pitfalls to avoid, with expert guidance to drive success, as well as explore the technology and tools that can help you achieve flawless execution. What You’ll Hear: * The importance of considering vendors’ ability to execute and deliver value when evaluating procurement software  * The essential elements for successful adoption of new technology  * Best practices and expert insight to guide implementation * The benefits and considerations of AI and low code in executing on a procurement strategy

Direct Material Sourcing in 2024: Strategies for Success

Direct material procurement has become more complex than ever amid cost fluctuations, demand variability, supply uncertainties and expanding sustainability goals. Procurement leaders must assimilate learnings from the past years and rethink their priorities and metrics. In this GEP podcast, Virat Venkataraman, director of consulting, and Vinita Singh, associate director of product marketing, discuss the most pressing challenges in direct material sourcing and walk you through proven strategies to enhance resilience in the year ahead. What you’ll hear: •            How to balance costs and supply security with real-time intelligence and visibility •            Ways to improve demand forecasting with cross-functional collaboration •            Case studies about implementation of innovative sourcing strategies

How CPG Can Do Away With Plastic Packaging and Meet ESG Goals

The use of plastic in packaging has reduced drastically. Or has it? Why do many CPG companies continue to rely on plastic packaging? How can they adopt sustainable packaging and deliver on ESG goals? Join GEP’s consulting experts Alex Hayes and Shanna Bell in an insightful podcast to understand how CPG companies can move the needle on ESG targets. Learn how CPGs can replace plastic with environment-friendly packaging and meet the expectations of customers, investors and governments. What you’ll hear: * Why oil price volatility has compelled the CPG industry to seek alternatives to plastic packaging * How digital technology can provide more visibility into ESG KPIs and metrics * How procurement cost models can help explain the economic value of the transition away from plastic packaging

How Supply Chain and Procurement Teams Can Deal With Economic Turbulence in 2023

Inflation. Early signs of a recession. Continued geopolitical instability. Macroeconomic events continue to influence the business landscape in 2023. How can procurement and supply chain leaders rise to the challenge and deal with growing uncertainties? Can they address these enterprisewide challenges and help businesses adjust to a new normal? Join the conversation between GEP’s consulting experts Abhishek Goel and John Carter as they look closely at the top macroeconomic trends from the 2023 GEP Outlook report. Learn how to make sense of the impact of global events on your business operations and how to guard against the macro challenges. You’ll Hear About: * The possibility of inflation dipping this year * Why GDP growth will continue to slow down across economies * How to deal with rising energy costs, interest rates and labor shortages

Why Supply Chain Digitalization is the Key to Greater Efficiency and Resilience

Supply chains have never been static. With disruption around every corner, supply chain leaders are racing to keep pace with changing consumer demands, a shifting competitive landscape and technological advances. However, many enterprises have hit a plateau. How do they get to the next level of performance? In this new podcast, GEP’s Pramod Gupta and Mason Sponem explore supply chain digitalization and the tools that enable greater visibility and transparency across the supply chain and increase efficiency and resilience. They offer a strategy for organizations to respond to disruption effectively and take the next step in driving operational excellence. What You’ll Hear: * Why supply chain digitalization is the number one priority for the C-suite * How ERPs may have exacerbated the problems brought on by supply chain disruption * The new technology platforms and tools that promote agility and efficiency * What you need to overcome the biggest hurdle to implement a digital supply chain