GEP®, renowned for its AI-driven procurement and supply chain solutions, has partnered with Topsoe, a pioneer in climate change mitigation technologies. Topsoe, with its focus on renewable energy and low-carbon fuels, selected and implemented GEP SOFTWARE™ to revolutionize its procurement processes.
About Topsoe:
– Founded in 1940 and headquartered in Denmark, Topsoe is a global leader in providing technologies and solutions for e-fuels, renewable fuels, and low-carbon fuels and chemicals.
– With over USD 1,372 million in revenue and 2,800 employees, Topsoe enables the transformation of renewable energy and feedstocks into sustainable fuels and chemicals.
Transformation with GEP SOFTWARE™:
– GEP SOFTWARE™ facilitates Topsoe’s procurement transformation, covering sourcing, contract management, spend analytics, and supplier management.
– GEP’s Intelligent Category Management (ICM) empowers Topsoe’s category managers with cost-saving opportunities through should-cost modeling, cost breakdowns, and scenario modeling.
Key Benefits:
– Enhanced Visibility: GEP SOFTWARE™ increases visibility into Topsoe’s source-to-contract (S2C) procurement process, enabling better insights and driving new value.
– Cost Optimization: Strategic sourcing tools help identify cost-saving opportunities, facilitate effective negotiations, and foster strong supplier relationships.
– Risk Mitigation: Comprehensive supplier performance evaluation mitigates risks associated with procurement operations.
– Operational Efficiency: Automation of routine tasks and process improvements enhance overall efficiency across procurement operations.
Quote:
J.P. Lauer, Vice President, Global Delivery, GEP, expressed pride in Topsoe’s adoption of GEP SOFTWARE™, emphasizing the collaboration’s potential to deliver new value amidst Topsoe’s focus on decarbonization and emission reduction.
About GEP SOFTWARE™:
– GEP SOFTWARE™ encompasses GEP SMART™, recognized as the world’s best procurement software for two consecutive years, GEP NEXXE™, a next-generation cloud-native supply chain unified platform, and GEP GREEN™ for sustainability measurement and advancement.
– Powered by GEP QUANTUM, the industry’s leading AI-first, low-code platform, GEP SOFTWARE™ enables organizations to drive procurement and supply chain transformation.
The partnership between GEP® and Topsoe signifies a strategic alignment towards driving procurement transformation and sustainability. With GEP SOFTWARE™, Topsoe aims to optimize costs, mitigate risks, and strengthen its procurement operations, furthering its commitment to combat climate change and foster sustainability.
