CLARK, N.J., July 20, 2016 /PRNewswire/ -- GEP, a leading global provider of procurement and supply chain consulting and managed services to Fortune 500 and Global 2000 enterprises worldwide, announced it has achieved leadership ranking on a new ALM Vanguard, the well-known proprietary assessment tool featured in the firm's new research report, "Competitive Landscape Analysis: Supply Chain Risk Management Consulting," part of its Strategy & Operations Consulting Research Series.
The report notes: "In an environment of increasing supply chain volatility and complexity, GEP helps firms become more resilient in responding to risk from geopolitical, environmental, reputational, financial or operational sources."
The report further explains: "In assessing risks, GEP utilizes its Supply Chain Risk Management Model, a tool that helps clients aggregate risk and catalog mitigation strategies, considering up to 20 different categories of risk made up of over 70 individual internal and external factors … it is an effective tool to jump-start organizational and cross-functional dialogue about where their risks lie and what the organization can do about them. GEP helps develop mitigation plans and embeds ongoing governance to monitor events that drive further communication or action."
The Vanguard recognition is the latest in a series of honors achieved by the rapidly expanding GEP, which is widely recognized by a broad range of independent third-parties – including research and advisory firms, industry analysts, industry and professional bodies, and industry media – as a leader in each of its three main business lines: strategic consulting, outsourced services and software (SaaS). In January 2016, GEP announced it had achieved equivalent honors in ALM Intelligence's like report on the procurement consulting sector.
A partial snapshot of the report featuring GEP is available for download here: www.gep.com/gep-vanguard
ALM Intelligence (formerly Kennedy Consulting Research & Advisory) is well-known for its ALM Vanguard tool and analysis, which assesses consulting firms in a defined market on the basis of their relative breadth and depth of service capabilities, as well as their momentum in that market.
"The talent, resources and experience GEP brings to the supply chain consulting sector are among the very best in the industry," said Chris Karney, vice president and head of GEP's Supply Chain Consulting practice. "But I believe that GEP has a distinct advantage in the fresh energy and fresh thinking we bring to bear on what are often perceived as chronic or intractable issues of risk and contingency. A change of perspective and an experienced team can achieve some truly extraordinary breakthroughs."
According to Karney, the supply chain consulting practice is seeing strong growth as GEP's large roster of blue-chip clients, confident of GEP's client-centric culture, commitment and ability to get results, is helping drive accelerated uptake.
GEP is a diverse, creative team of people passionate about procurement. We invest ourselves entirely in our clients' success, creating strong collaborative relationships that deliver extraordinary value year after year. We deliver practical, effective procurement services and procurement technology that enable procurement leaders to maximize their impact on business operations, strategy and financial performance.
Honored as Best Supplier at the EPIC Procurement Excellence Awards, GEP regularly wins accolades as both a provider of a broad range of procurement services and innovative procurement technology. Among its recent distinctions, GEP has been named Leader and Star Performer in Everest Group's PEAK Matrix of Procurement Services Providers, Leader in NelsonHall's NEAT Matrix of Global Procurement BPO Service Providers, Winner in the HfS Blueprint Report on Procurement Outsourcing Providers, Leader in the ALM Vanguard Reports on Procurement and Supply Chain Consulting, as well as one of Spend Matters 50 Companies to Know and to the Supply & Demand Chain Executive 100.
Clark, NJ-based GEP has 12 offices and operations centers in Europe, Asia and the Americas.
To learn more about our comprehensive range of consulting and outsourcing services, please visit www.gep.com. For more about SMART by GEP, our cloud-native sourcing and procurement software platform, please visit www.smartbygep.com.
Global VP, Marketing & Analyst Relations