Procurement and Supply Chain Tech Trends - 2024

A MUST-READ FOR PROCUREMENT LEADERS

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Procurement and Supply Chain Tech Trends - 2024

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment to bring goods and services to the market, keeping up with the latest trends can be its own obstacle.

So, what’s on the technological horizon for procurement and supply chain for the year ahead?

This white paper — 2024 GEP Procurement & Supply Chain Tech Trends Report — explores the biggest technological trends in procurement and supply chain, from generative AI and the advancement of low-code development tools to the data management and analytics applications that unlock agility, cost efficiency and informed decision-making.

Why Read This Paper

Act Now

The generative AI revolution, and why the time to act is now (if not yesterday)

Drive Better Decisions

How modern technology can enable real-time insights, data-driven decision-making and enhanced resilience

Leverage AI

What organizations need to succeed in an AI-first economy

Learn the Latest Procurement and Supply Chain Tech Trends

About Us

GEP® delivers AI-powered procurement and supply chain solutions that help global enterprises become more agile and resilient, operate more efficiently and effectively, gain competitive advantage, boost profitability and increase shareholder value.

Fresh thinking, innovative products, unrivaled domain expertise, smart, passionate people — this is how GEP SOFTWARE™, GEP STRATEGY™ and GEP MANAGED SERVICES™ together deliver procurement and supply chain solutions of unprecedented scale, power and effectiveness. Our customers are the world’s best companies, including more than 550 Fortune 500 and Global 2000 industry leaders who rely on GEP to meet ambitious strategic, financial and operational goals.

A leader in multiple Gartner Magic Quadrants, GEP’s cloud-native software and digital business platforms consistently win awards and recognition from industry analysts, research firms and media outlets, including Gartner, Forrester, IDC, ISG, and Spend Matters.

GEP is also regularly ranked a top procurement and supply chain consulting and strategy firm, and a leading managed services provider by ALM, Everest Group, NelsonHall, IDC, ISG and HFS, among others. Headquartered in Clark, New Jersey, GEP has offices and operations centers across Europe, Asia, Africa and the Americas. To learn more, visit www.gep.com.

GEP SMART™ is an AI-powered, cloud-native software for direct and indirect procurement that offers comprehensive source-to-pay functionality in one user-friendly platform, inclusive of spend analysis, sourcing, contract management, supplier management, procure-to-pay, savings project management and savings tracking, invoicing and other related functionalities.

GEP NEXXE™ is a unified and comprehensive supply chain platform that provides end-to-end planning, visibility, execution and collaboration capabilities for today’s complex, global supply chains.

Built on a foundation of big data, artificial intelligence and machine learning, GEP NEXXE is next-generation software that helps enterprises make supply chain a competitive advantage.