GEP launched a suite of solutions within GEP SOFTWARE that uses OpenAI’s ChatGPT technology through Microsoft Azure OpenAI Service to offer an intuitive interface to query data, automate processes and improve decision-making to optimize operations.
“The AI capabilities from Microsoft are a giant leap forward. This integration provides our clients with a conversational-based interface that is more intuitive, allowing them to derive actionable insights and improve global procurement and supply operations like never before, unlocking new levels of efficiency and productivity,” says Subhash Makhija, CEO, GEP. “We’re using generative AI capabilities through Microsoft Azure OpenAI Service to identify operational gaps and risks in supplier contracts and brainstorm ways to optimize procurement and value chains.”
- GEP SOFTWARE includes GEP SMART procurement software, encompassing spend analysis, sourcing, contract management, supplier management, savings project management, catalog management and category workbench.
- It also includes GEP NEXXE, the next-generation, cloud-native supply chain-unified platform.
- Microsoft’s generative AI capabilities are incorporated into the GEP MINERVA suite of artificial intelligence (AI) and machine learning (ML) engine-enabling cross-organization data analytics and decision support.
- GEP SOFTWARE enables global companies to drive optimum efficiency, agility, visibility and actionable intelligence into all procurement, purchasing and supply chain functions.