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Submitted URL: https://www2.gep.com/e/926223/l-926223-2022-12-16-zqfn4/zvblf/252336585?h=mjllUWEFRntzOfODT9ogi3EDeYXm6Ft-U0Soe1Zlggs
Effective URL: https://www.gep.com/clp/the-7-point-plan-to-help-manufacturing-companies-mitigate-cost-inflation?utm_source=Pardot&u...
Submission: On December 19 via api from US — Scanned from DE

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A MUST-READ FOR SUPPLY CHAIN AND PROCUREMENT LEADERS

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COST-REDUCTION STRATEGIES FOR MANUFACTURING SUPPLY CHAINS AND HOW TO IMPLEMENT
THEM

The China lockdown, the Russia-Ukraine war, high oil prices and container
tariffs — input costs for manufacturing companies are likely to stay high for a
while.

To manage cost inflation, they must look inward.

GEP’s new white paper, The 7-Point Plan to Help Manufacturing Companies Mitigate
Cost Inflation, recommends a range of strategies — from process improvements and
data cleansing to value engineering and nearshoring — to help manufacturers
contain costs. It also discusses how to effectively implement and sustain these
solutions.

This paper is essential reading for supply chain and procurement leaders from
the industrial manufacturing and automotive industry looking to offset the brunt
of inflation.


WHY READ IT


KEY COST DRIVERS

The impact of rising commodity prices


IMPROVING PROCESS EFFICIENCY

How to reduce waste and drive compliance


SUBSTITUTES AND VALUE ENGINEERING

Identifying cost-efficient materials and designs


7 SUPPLY CHAIN SOLUTIONS FOR MANUFACTURERS TO CUT COSTS – DOWNLOAD NOW


ABOUT US

GEP delivers transformative 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 supply chain solutions of unprecedented scale, power
and effectiveness. Our customers are the world’s best companies, including
hundreds of 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
and Spend Matters. GEP is also regularly ranked a top 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.

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