Key Findings & Highlights:
GEP focuses on an integrated solution integrating consulting, software, and managed services to help clients manage their procurement and supply chain, mitigate risks, deliver savings, and reduce operational costs.
The company has been leveraging its consulting resources and operations (managed services) client and industry expertise to drive an integrated delivery model, leveraging the SMEs from consulting, managed services, technology, and software platforms.
GEP's procurement offerings include:
- Consulting services: procurement strategy and supply chain strategy
- Software: end-to-end procurement and supply chain platforms
- Managed services: Source to contract, procure to pay, category management, supply market intelligence, and supply chain outsourcing.
GEP has ~6,000 FTEs, with 26 offices serving ~550 clients across 120 countries. Around 60% of the company's delivery personnel are based offshore in India, 30% are based onshore in North America, Europe, and Asia Pacific, and 10% are nearshore in Latin America.
The U.S. represents around 50% of the company's revenue. GEP is also growing its presence in some large countries in Europe, notably the U.K., Germany, and the Netherlands. There is an increasing focus on mid-market enterprises (i.e, companies with revenues below $1bn): this segment currently accounts for around 10% of overall revenue. There is a clear emphasis on supporting clients in the digital transformation of their procurement function, including delivering significant improvements in process automation.