GEP is a privately held multinational company that provides consulting, outsourcing and software to enterprise procurement and supply chain management teams at Global 2000 and Fortune 500 companies worldwide. The company is headquartered in Clark, New Jersey, USA. GEP has more than 2,500 consulting, outsourcing and technology professionals worldwide.
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History
GEP was established in 1999 by Subhash Makhija, Neha Shah, Roopa Gandhi and Jagadish Turimella to provide sourcing and procurement consulting services to enterprises in North America and Europe. The company initially focused on providing procurement consulting services and also developed a number of procurement tools for eRFX, auction management and supplier management to support its clients, offered through the Software as a Service (SaaS) model.
Since then, GEP has added procurement outsourcing, supply chain consulting and outsourcing to its solutions portfolio.
Locations
GEP has 14 offices and operations centers in major regional market centers across the Americas, Asia-Pacific and Europe.
Services and products
Consulting services
GEP's procurement consulting services include procurement transformation, opportunity assessment, strategic sourcing, low-cost country sourcing, M&A services, zero-based budgeting, among others. The company's supply chain consulting services include supply chain strategy, supply chain diagnostics and design, capacity planning, risk management, network optimization and inventory optimization.
Outsourcing services
GEP's procurement outsourcing services comprise spend analysis, category management, supply market intelligence, transactions management, tail-spend management, procurement support services and end-to-end procurement outsourcing. Supply chain outsourcing services include inventory management, logistics management, planning & forecasting and supply chain data management.
Procurement Software
SMART by GEP is a sourcing and procurement platform developed by GEP on the Microsoft Azure cloud platform, delivered through the "Platform as a Service" (PaaS) model. The product is designed for touch and mobile technologies. SMART by GEP's core functionality includes spend analysis, sourcing, contract management, supplier management and procure-to-pay.
Customers
GEP serves Fortune 500 and Global 2000 enterprises across a wide range of industries, besides large government agencies and nonprofit organizations.
Acquisition
In 2012, GEP acquired Enporion, a supply chain management company based in Tampa, Florida. Enporion provided strategic sourcing and e-procurement applications, and served customers in the electric and gas utilities, manufacturing and distribution industries.
Partnerships
In 2014, GEP announced a partnership agreement with Hubwoo, integrating The Business Network by Hubwoo -- a B2B supplier network -- into SMART by GEP. In 2016, GEP announced a strategic partnership with Global Risk Management Solutions (GRMS) to incorporate supplier risk profiling to the SMART by GEP procurement software platform.
Awards and recognition
2017
GEP named to the IAOP Global Outsourcing 100
SMART by GEP ranked a Leader in The Forrester WaveTM: eProcurement Report
SMART by GEP named Customer and Value Leader in Spend Matters SolutionMapTM
2016
GEP named to the Winner's Circle in HfS Blueprint Report on Procurement as a Service
SMART by GEP ranked Top Performer in PayStream's Procure-to-Pay Navigator Report
Leader in Kennedy Consulting /ALM Research Vanguard for Supply Chain Risk Management Consulting
Leader in Kennedy Consulting /ALM Research Vanguard for Sourcing & Procurement Consulting
Leader and Star Performer on Everest Group's PEAK MatrixTM of Procurement Outsourcing Service Providers
2015
Top Supplier at the EPIC Procurement Excellence Awards 2015
2014
SMART by GEP ranked among the top 10 spend management software by Business-Software.com
"Top 50 Company to Know" in the Spend Matters Almanac
Ranked among the top four procurement outsourcing providers in Latin America by Everest Group
"Most Admired Vendor for BPO Sector" at the BPO Excellence Awards
2013
GEP ranked as a Leader in Gartner's Magic Quadrant for Strategic Sourcing Application Suites.
Placed in the Winner's Circle in the HfS Procurement Outsourcing Services Blueprint Report
Named a Star Performer and Procurement Outsourcing Leader in Everest Group's PEAK (Performance, Experience, Ability, Knowledge) Matrix report
2012
"BPO Organisation of the Year" at BPO Excellence Awards, 2012
Source of the article : Wikipedia
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