This article explains how Lenovo’s procurement software, specifically the GEP Smart AI software, helps suppliers improve the efficiency and effectiveness of their procurement. Software from Lenovo’s GEP Smart AI software is used by about 2,500 suppliers in more than 350 businesses. Lenovo’s GEP Smart AI software is used by suppliers by managing multiple lines of business, and by adding “Smart AI” capability, which provides new levels of visibility to procurement processes. We explain how procurement software can be used to enhance supplier operations and improve supplier performance, and include case studies for several of the suppliers we work with.
In the past several months, supplier organizations have reported strong revenue gains as a result of IBM’s introduction of GEP. In late 2017, we announced the availability of Lenovo GEP Smart AI Procurement Software and this article is an update.
In this post, we discuss the current status of supplier programs and their efficiency and effectiveness. Our approach is to provide a case study that demonstrates the efficiencies and effectiveness of supplier AI in improving processes and the efficiency of suppliers. We also offer strategies and practices that organizations can implement to improve efficiency and performance.
In the past, organizations may have been very reluctant to utilize supplier AI, including IBM, to improve processes or to add new capabilities to procurement processes. We have offered several articles that helped to educate and inform organizations on how procurement software and platforms could also benefit their own sourcing programs. We have provided guidance for using procurement platforms, examples of supplier programs they could use, and suggested practices for working with systems integrators, suppliers, and their managers. In this post, we continue to offer guidance on procurement systems, as well as examples of how procurement systems may benefit suppliers.
We describe the use of Lenovo GEP Smart AI Procurement Software by supplier organizations by showing six examples. Each example is explained in detail, including what the supplier had to do to implement the software, and an overview of the GEP Smart AI platform. In each case, we provide a brief background on the GEP Smart AI platform and how to integrate this software into your own procurement programs. We also provide links that can be used to further integrate this additional software into your own procurement processes.
When a supplier provides goods for a company, this is called a purchase order.
Lenovo selects GEP SMARTTM, the world’s leading procurement software platform
The Gartner Storage Management Benchmark, which is supported by leading industry vendors, provides a view of a storage system as it exists and is performing in a realistic environment. The Gartner Storage Management Benchmark has an extensive database with hundreds of real implementations. These real implementations include storage systems using traditional technology and storage systems using next-generation technology. These include storage systems using traditional technology and storage systems using next-generation technology. In order to provide a comprehensive and accurate reference of the performance, reliability, and cost of storage systems today and into the future, the Gartner Storage Management Benchmark database contains data on the performance, reliability and cost results for hundreds of storage systems.
All storage products offered by a global supplier of storage products.
Storage systems using traditional technologies.
Storage systems using next-generation technology.
Storage systems using conventional and next-generation technologies.
Storage systems using conventional and next-generation technologies that use next-generation storage.
The results of a storage system are also included in the Gartner Storage Management Benchmark.
Storage performance results for all storage products and storage systems used in a storage implementation.
Storage performance results for all storage systems (including storage systems using next-generation technology) and storage systems that use traditional technologies.
Storage performance results for storage systems and storage systems that use conventional technology.
Storage performance results for storage systems that use next-generation technology.
Storage performance results for storage systems and storage systems that use next-generation technology that use next-generation storage.
Storage performance results for storage systems and storage systems that use next-generation technology that use next-generation storage.
Storage performance results for storage systems and storage systems that use next-generation technology that use next-generation storage.
GEP Products
Lenovo’s GEP solution brings intelligent Procurement to the GEP. This new solution from the company combines AI-driven and AI-enabled processes and workflows with business workflow and an intelligent Procurement platform. It makes procuring easier with a broad set of workflow tools and the ability to automate business processes.
Lenovo’s GEP solution brings intelligent Procurement to the GEP. This new solution from the company combines AI-driven and AI-enabled processes and workflows with business workflow and an intelligent Procurement platform. It makes procuring easier with a broad set of workflow tools and the ability to automate business processes.
The GEP has seen increasing activity for last several years and now has over half a million contracts in total. This is a large growth for any GEP procurement solution.
According to the GEP, more than 150,000 G4s are now under contract and over 50% of those contracts are in the Asia-Pacific region. All this activity has increased both workload and complexity within the GEP.
“G4s, G5s, and GEPs all face the same challenges,” says Michael D. O’Shanassy, Executive Vice President and CIO, GEP Product Line. “These complex procurement processes have increased the number of GEPs in various stages of the process that are not optimally performing or managing them. This increases all the risks in the business and the risks can come in many forms.
The need to automate the core business processes and the workflows associated with each.
The difficulty of automating and managing the complex workflows and workflows associated with each procurement cycle.
The necessity to ensure that the right people have access to the right information required.
The GEP has seen increasing activity for last several years and now has over half a million contracts in total. This is a large growth for any GEP procurement solution.
According to the GEP, more than 150,000 G4s are now under contract and over 50% of those contracts are in the Asia-Pacific region. All this activity has increased both workload and complexity within the GEP.
Spread the loveThis article explains how Lenovo’s procurement software, specifically the GEP Smart AI software, helps suppliers improve the efficiency and effectiveness of their procurement. Software from Lenovo’s GEP Smart AI software is used by about 2,500 suppliers in more than 350 businesses. Lenovo’s GEP Smart AI software is used by suppliers by managing multiple…
