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GEP
Company typePrivate
IndustryBusiness consulting, Business software, Business services
Founded1999; 21 years ago[1]
Headquarters
Clark, New Jersey
,
U.S.
Area served
Worldwide
Key people
Subhash Makhija, Roopa Gandhi, Jagadish Turimella, Neha Shah[1]
ProductsGEP SMART (procurement software), GEP NEXXE
Number of employees
5,000+ (December 2019)[2]
Websitewww.gep.com

GEP is an enterprise software and consulting company, providing procurement and supply chain management software, and management consulting services.[3][4] GEP’s clients include Fortune 500 and Global 2000[5] companies such as Kellogg’s[6], Chevron[7], ExxonMobil[8], and Prudential[9]. The company’s SaaS is developed on Microsoft Azure[4][10]. GEP is headquartered in Clark, New Jersey, and has regional offices throughout the Americas, Europe, and Asia-Pacific[11].

History

[edit]

GEP was founded in 1999 by Subhash Makhija, Roopa Gandhi, Jagadish Turimella, and Neha Shah.[1]

Since the early 2010s, the company publishes annual detailed reports on macroeconomic trends and technological developments in procurement and supply chain management.[12]

GEP was first included in Gartner's Magic Quadrant for Procure-to-Pay Suites List as a Leader since 2013.[13][14]

In 2020, the company saw a 300% more usage in its software due to Covid-19’s impact on the supply chain of many companies.[15] GEP execs have provided the press insights and predictions related to the Covid-19.[16][17][18][19]

Industries and markets

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GEP services a variety of industries such as consumer packaged goods, travel and hospitality, pharmaceutical, chemicals, renewable energy, utilities, oil and gas, government, industrial manufacturing, insurance and more.[10][20][21] Among GEP's corporate clients are Walmart[16], Kellogg’s, Honda, Chevron,[7] ExxonMobil,[8] John Deere,[22] Prudential,[9] Macy's,[23], Starwood Hotels & Resorts,[24] Dentsply Sirona,[25] Cathay Pacific[26], and Ingram Micro.[27]

Products

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GEP SMART was launched in 2013 and is a cloud-based procurement management software built on the Microsoft Azure platform.[28][29] It has been named a Top 10 procurement management software by several industry sources.[30][25]

GEP NEXXE is a supply chain management software.[15][31]

References

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  1. ^ a b c "Procurement Influencer Series: Subhash Makhija of GEP on the Industry's Future". cporising.com. Retrieved 16 April 2020.
  2. ^ "WNJW Present: "My Accidental Stint with Entrepreneurship and Finding My Authentic Self in the Process!"". Wharton Club of New Jersey. Wharton Alumni University of Pennsylvania. Retrieved 10 September 2020.
  3. ^ "Brunei Shell Petroleum to use GEP procurement software". thepaypers.com. 8 January 2020. Retrieved 16 April 2020.
  4. ^ a b "GEP uses Azure and SQL Database to expand global reach". azure.microsoft.com. 12 October 2016. Retrieved 16 April 2020.
  5. ^ "Forbes Councils: Ramachander Raja". Forbes.com. Forbes. Retrieved September 9, 2020.
  6. ^ "GEP: Differentiating Itself with a Broad (&Strong) Portfolio (1)". Ardent Partners. Ardent Partners. Retrieved September 9, 2020.
  7. ^ a b James Henderson,"Chevron Group taps GEP to drive procurement transformation initiative". supplychaindigital.com. 4 January 2018. Retrieved 16 April 2020.
  8. ^ a b "New SMART procurement platform". exxonmobil.com. 29 November 2018. Retrieved 16 April 2020.
  9. ^ a b "GEP signs procurement services and software agreement with Prudential". institutionalassetmanager.co.uk. 10 January 2017. Retrieved 16 April 2020.
  10. ^ a b "GEP Gets SMART with Its Solution Suite (Part 2)". ardentpartners.com. Retrieved 16 April 2020.
  11. ^ "GEP: Vendor Snapshot (Part 1) — Company Background". spendmatters.com. 26 August 2019. Retrieved 16 April 2020.
  12. ^ J.P Morris,"2020 GEP Outlook report: 'In this increasingly tumultuous world, more will be asked from procurement'". spendmatters.com. 5 February 2020. Retrieved 16 April 2020.
  13. ^ Jeff Meredith,"Demystifying The 2018 Gartner Magic Quadrant For Procure-To-Pay Suites - Procurement News". procurious.com. 17 July 2018. Retrieved 16 April 2020.
  14. ^ "Magic Quadrant for Procure-to-Pay Suites". gartner.com. 31 July 2019. Retrieved 16 April 2020.
  15. ^ a b J.P. Morris (12 May 2020). "SIG Summit keynote by GEP: The coronavirus crisis 'has forced everyone's hand' to adopt technology". spendmatters.com. Spend Matters. Retrieved 9 September 2020.
  16. ^ a b Ana Swanson (12 May 2020). "Global Trade Sputters, Leaving Too Much Here, Too Little There". The New York Times. The New York Times. Retrieved 9 September 2020.
  17. ^ Jeremy Kahn (2 April 2020). "GHospitals are running low on the most critical supply of all: Oxygen". Fortune. Fortune. Retrieved 9 September 2020.
  18. ^ Riley Griffin, Lauren Etter (15 April 2020). "Code Words, Chaos, Sky-High Prices in China's Mask Market". Bloomberg. Bloomberg News. Retrieved 9 September 2020.
  19. ^ "Covid-19's blow to world trade is a heavy one". The Economist. The Economist. 14 May 2020. Retrieved 9 September 2020.
  20. ^ "Category Management". cips.org. Retrieved 16 April 2020.
  21. ^ "Unifed Source to Pay built natively on Azure GEP (NB Ventures)". azuremarketplace.microsoft.com. Retrieved 16 April 2020.
  22. ^ "Procurement Software Leader GEP joins John Deere supply base". prnewswire.com. 19 October 2017. Retrieved 16 April 2020.
  23. ^ Deena M. Amato-McCoy,"New platform helps Macy's hit spending targets". chainstoreage.com. 17 January 2018. Retrieved 16 April 2020.
  24. ^ "Starwood Hotels selects GEP software to automate procurement processes". hotelmanagement-network.com. 29 April 2013. Retrieved 16 April 2020.
  25. ^ a b Albert Pang, Misho Markovski, and Marija Ristik (6 December 2019). "Top 10 Procurement Software Vendors, Market Size and Market Forecast 2018-2023". Apps Run the World. Retrieved 9 September 2020.{{cite news}}: CS1 maint: multiple names: authors list (link)
  26. ^ Cathay Pacific Airways (26 May 2020). "Cathay Pacific Selects GEP to Provide Procurement Services and Mitigate Risks". Supply and Demand Chain Executive. Retrieved 9 September 2020.
  27. ^ "Ingram Micro Inc. Chooses Smart By GEP Source-To-Pay Procurement Software". prnewswire.com. 6 March 2018. Retrieved 16 April 2020.
  28. ^ "Products: Smart by GEP Procure-To-Pay Software". Gartner.com. Gartner. Retrieved September 9, 2020.
  29. ^ "Smart by GEP Review - Unified Procurement Software Platform". Clockshark.com. Clockshark. Retrieved 16 April 2020.
  30. ^ Jack Grimshaw (7 May 2020). "Top 10 Procurement Software Vendors: GEP SMART". SupplyChain.com. Supply Chain. Retrieved 9 September 2020.
  31. ^ STS News Desk (4 August 2020). "GEP Recognized As Key Solution Provider By Ardent Partners In Forward-Looking Assessment". SalesTechStar.com. Sales Tech Star. Retrieved 4 August 2020.
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