The COVID-19 pandemic is forcing organizations around the world to scramble to overcome supply chain disruption and manage entirely unanticipated business continuity risks while keeping employees safe and managing cash flow. GEP, a leading provider of procurement and supply chain software and services to Fortune 500 and Global 2000 enterprises worldwide, is the first major consultancy to issue a comprehensive review with a special post COVID-19 edition of its highly-regarded 2020 GEP Outlook for Procurement and Supply Chain Management.
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In this report, GEP experts analyze macroeconomic forces and detail the seven key forces that will shape the rest of the year, providing fresh insights for procurement and supply chain leaders to help their companies navigate beyond this crisis for long-term success.
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Download the complimentary report here to learn the:
- Key Business Trends — The GEP Outlook report helps business leaders understand and navigate the global pandemic including: The economic downturn, an increasingly complex geopolitical landscape, the volatile energy markets, and includes guidance on regulatory, and mounting sustainability and environmental pressures.
- Seven Leading Forces — The pandemic is accelerating digital innovation and disruption, requiring renewed supplier and third-party risk assessment practices, optimizing liquidity, and evaluating the need for upgraded analytics such as predictive analytics technologies.
- New Supply Chain and Procurement Priorities – Supply chain and procurement leaders can help their company’s recovery by rethinking long-established assumptions — and build resiliency and transparency while simultaneously improving working capital and the cost base.
“Leaders will recognize 2020 isn’t a ‘lost year;’ procurement and supply chain can be a white knight for shareholders by illuminating the path ahead for the enterprise amid this period of unprecedented uncertainty,” said John Piatek, vice president of consulting and chair of GEP’s Thought Leadership Council.
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