|By PR Newswire||
|August 1, 2014 01:53 PM EDT||
CLARK, N.J., Aug. 1, 2014 /PRNewswire/ -- GEP, a leading provider of procurement and supply chain solutions to Fortune 500 and Global 2000 enterprises worldwide, today announced it has been named a Top 10 Procurement Outsourcing Service Provider by Information Services Group (ISG), a leading technology insights, market intelligence and advisory services company.
Clark, NJ-based GEP was among the leading providers in the procurement outsourcing services category on a global basis, based on annual contract value (ACV) won over the last 12 months, according to the ISG Global Outsourcing Index. Now in its 47th consecutive quarter, the ISG Outsourcing Index provides an independent quarterly review of the latest sourcing industry data and trends for enterprises, service providers, analysts and the media.
"GEP is increasingly recognized not just as an industry leader, but a pace setter," said Al Girardi, VP of marketing and CMO at GEP. "Innovation, deep expertise and a fierce commitment to extraordinary results have driven both high client satisfaction and strong customer acquisition. Today, we serve a burgeoning roster of global market leaders across multiple industries – manufacturing, technology, pharma, health care and life sciences, financial services, consumer goods and services, chemicals, energy and utilities, travel & hospitality, government and nonprofit, among others."
"For more than a decade, the ISG Outsourcing Index has been the authoritative source for marketplace intelligence related to outsourcing transaction structures and terms, industry adoption, geographic prevalence and service provider performance," said Paul Reynolds, chief research officer of ISG. "GEP continues to establish itself as a leading and growing player in the global market for procurement outsourcing services, based on its volume of business in relation to other industry providers."
About Information Services Group
Information Services Group (ISG) (NASDAQ: III) is a leading technology insights, market intelligence and advisory services company, serving more than 500 clients around the world to help them achieve operational excellence. ISG supports private and public sector organizations to transform and optimize their operational environments through research, benchmarking, consulting and managed services, with a focus on information technology, business process transformation, program management services and enterprise resource planning.
Clients look to ISG for unique insights and innovative solutions for leveraging technology, the deepest data source in the industry, and more than five decades of experience and global leadership in information and advisory services. Based in Stamford, Conn., the company has more than 850 employees and operates in 21 countries. For additional information, visit www.isg-one.com.
GEP is a diverse, creative team of people passionate about procurement. We invest ourselves entirely in our client's success, creating strong collaborative relationships that deliver extraordinary value year after year. We deliver practical, effective procurement services and technology that enable procurement leaders to maximize their impact on business operations, strategy and financial performance.
Named a Star Performer in Everest Group's Peak Matrix of Procurement Services Providers, Winner in the HfS Blueprint Report on Procurement Outsourcing Providers and to the Supply & Demand Chain Executive 100 for nearly a decade, GEP is also ranked a leader on Gartner's Magic Quadrant analysis of the world's top procurement software providers. Clark, NJ-based GEP has 10 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 unified sourcing and procurement software platform, please visit www.smartbygep.com.
VP, Marketing & Analyst Relations
Email: [email protected]
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