GEP Smart AI-Driven Procurement Software Selected By Lenovo for Its Direct Spend and to Enable Transformation of Procurement Globally

By AIT News Desk On Jul 5, 2021

Lenovo Chooses Gep’s Unified Procurement Platform to Support Its Direct Sourcing Needs Through Gep’s Sourcing, Project and Supplier Management Solutions for Direct Spend

GEP, a leading provider of procurement software and procurement services to Fortune 500 and Global 2000 enterprises worldwide, announced that leading global technology company Lenovo has selected GEP SMART, the industry’s premier procurement software platform, after a thorough selection process.

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Lenovo is a US$60 billion revenue global company headquartered in Hong Kong, operating and serving customers in 180 markets around the world. Lenovo will be using GEP SOFTWARE^™ to support its global sourcing needs and suppliers for all its direct spend. At a time of Lenovo’s continued strong growth and innovation, GEP SOFTWARE will provide a full range of cloud-native solutions to support Lenovo’s

Complex direct global sourcing needs through GEP SMART’s sourcing & project management capabilities
Comprehensive supplier performance evaluation, information management & risk management to mitigate risk and drive value across its global supply chain
Unique requirements to continue to deliver smarter technology solutions and services

GEP SMART is a unified, cloud-native source-to-pay platform, built on a data-centric foundation with AI at its core and user-first design. GEP SMART enables Fortune 500 and Global 2000 clients to drive optimum efficiency, agility, visibility and actionable intelligence into all procurement and purchasing functions, while eliminating burdensome infrastructure and support costs to achieve maximum ROI.