GEP®, a leading provider of procurement and supply chain strategy, software and managed services to Fortune 500 and Global 2000 enterprises worldwide, announced today that AXA GULF -- one of the largest international insurance players in the GCC -- has selected GEP SMART™, the industry's leading procurement software platform, following a competitive selection process. GEP SMART™ will enable AXA GULF to manage its sourcing, contracting and supplier management.
Headquartered in Bahrain, AXA Gulf is a multilined one-stop shop insurer with a range of products and services tailored to each customer, covering property & casualty insurance and life & health insurance. AXA Gulf will use GEP SOFTWARE™ to transform procurement and manage its entire source-to-contract (S2C) process for direct and indirect spend. This includes a full range of functions encompassing sourcing and contract management.
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.
About AXA Gulf
AXA Group is a worldwide leader in insurance and asset management. In the Gulf region, AXA has been present for over 70 years, offering a wide range of insurance products and services for corporate, SME and individual customers. AXA in the Gulf is one of the largest international players in the GCC, covering the UAE, Oman, Bahrain and Qatar markets, with a workforce of over 800 employees, 15 branches and retail shops regionwide and over 1 million customers. With a range of products and services tailored to each customer, covering property & casualty insurance and life & health insurance, AXA in the Gulf is a multi-lined one-stop shop insurer. Additionally, AXA is focused on helping the world better face climate risk, whilst also extending protection and risk knowledge to the public, in an effort to contribute to global economic development and become a trusted partner for customers in the region. Recognized as a leading insurance brand, AXA has been winning several awards for its quality of services and products. For more information visit www.axa.ae and follow us on Twitter, LinkedIn, and Facebook.
About GEP SOFTWARE
GEP SOFTWARE™ provides award-winning digital procurement and supply chain platforms that help global enterprises become more agile, resilient, competitive and profitable.
With beautifully rendered interfaces and flexible workflows, GEP® provides users fresh, intuitive digital workspaces that yield extraordinary levels of user adoption and meaningful gains in team and personal productivity.
GEP products capitalize on machine learning and cognitive computing, advanced data and semantic technologies, IoT, mobile and cloud technologies, and are designed to incorporate continual innovations in technology.
GEP's software integrates quickly and easily with third-party and legacy systems, such as SAP, Oracle and all other major ERP and F&A software. And with superb support and service, GEP is an industry leader in customer satisfaction and loyalty.
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, Procurement Leaders and Spend Matters.
Turvo, provider of the world's leading collaboration application designed for the supply chain, announced a partnership with supply chain risk assessment and analytics platform Everstream Analytics. With Everstream's proprietary end-to-end data feeding into Turvo's Collaboration Cloud and transportation management software (TMS), Turvo now offers the industry's most sophisticated shipment-level supply chain risk indicator and mitigation features.
The partnership gives Turvo's customers enhanced tools and risk insight to respond to events in real-time and manage by exception. Using Turvo's solutions, supply chain managers can now make proactive logistics decisions in the face of the most challenging supply chain conditions.
Everstream's AI-powered predictive insights provide real-time data on unexpected events such as weather, congestion, and other factors that could impact the estimated time of arrival or departure of trucks, trains, planes, or ships.
Third-party logistics providers and shippers using Turvo's Collaboration Cloud can now make changes to the shipment route and proactively inform their customers about upcoming delays or risks. In addition, insights generated by the collaboration allow users of Turvo's software to make products, network, and transportation planning decisions towards a self-driving, self-healing, and cost-efficient supply chain.
Given the existing port congestion condition and global supply chain disruptions, incorporating Everstream's insights into our platform gives our customers the edge they need to manage increasing volatile supply chain conditions. These solutions are particularly valuable for temperature and time-sensitive supply chains like food and beverage retailers, grocery retailers, pharmaceuticals, and medical devices."
Scott Lang, Chairman & CEO, Turvo
"For far too long, companies have been playing a never-ending game of catch-up with events outside their control – weather, supplier issues, port congestion, political unrest, a global pandemic, you name it. You can't manage what you can't see, and this collaboration puts critical information in front of the right people," said Julie Gerdeman, CEO, Everstream.
"Risk intelligence helps companies navigate the uncertain business environment. Successful supply chains manage risk to their competitive advantage," said Lang. "Turvo together with Everstream Analytics' insights give supply chain professionals around the world a way to get in front of costly delays and disruptions and provide a better customer experience."
Turvo provides the world's leading collaboration application designed specifically for the supply chain. Turvo connects people and organizations allowing shippers, logistics providers, and carriers to unite their supply chains, deliver outstanding customer experiences, collaborate in real-time, and accelerate growth. The technology unifies all systems, internal and external, providing one end-to-end solution to execute all operations and analytics while eliminating redundant manual tasks and automating business processes. Turvo customers include some of the world's largest, Fortune 500 logistics service providers, shippers, and freight brokers. Turvo is based in the San Francisco Bay Area with offices in Dallas, Texas, and Hyderabad, India.
About Everstream Analytics
Everstream Analytics is a supply chain risk analytics company that delivers actionable insights to increase the resilience and agility of our clients' supply chains, protecting revenue and reputation. Our solution integrates with our clients' Procurement, Logistics and Business Continuity platforms to deliver global, end-to-end visibility of supply chain risk to enable our clients to Think Bigger. We employ a unique combination of human expertise, artificial intelligence and proprietary data to deliver predictive insights to enable our clients to See Further. We combine data science, proprietary intelligence and multilingual specialists to monitor global risk and events in real-time to enable our clients to Act Sooner. We embed risk analytics into decision making during planning and execution across all functions and phases of our clients' supply chains to help them Get in Front of What's Ahead and turn risk into a competitive advantage.
Blume Global, the leading provider of supply chain execution and visibility solutions, is proud to be the first to deliver logistics execution and supply chain visibility solutions completely native to Google Cloud Platform. Customers that use Blume's digital operating platform with Blume Maps can access these solutions from a cloud-native platform.
Blume's digital supply chain operating platform with Blume Maps, a digital twin of the supply chain, was born on GCP in 2018. Blume's digital operating platform and solutions are used by some of the largest freight railroads, container steam-ship lines, logistics service providers and shippers in the world to manage and track the movement of freight and transportation assets in more than 130 countries. Blume leverages GCP's services to collect, clean and provide access to high quality and accurate logistics data, enabling Blume's high-value solutions including Blume Maps; international, intermodal and domestic transportation management; transportation asset management; supply chain visibility; order orchestration; and control tower, which were also born on GCP.
"Organizations today require solutions that help them manage and optimize their logistics strategies with data. We're pleased that Blume has chosen to run its platform on Google Cloud and provide customers with the solutions they need to succeed."
Hans Thalbauer, managing director, Google Cloud Supply Chain.
Blume's digital operating platform goes beyond the TMS status quo. Its supply chain digital twin, Blume Maps, is modeled after Google Maps. Consumers use Google's map tool to find locations, generate directions and provide feedback on each journey. With Blume Maps, planning a freight shipment's route, tracking the shipment's progress and ETA, and changing course during the journey if problems arise, is as natural as using Google's navigation app during a family road trip. The solution allows customers to generate accurate lead times, real-time shipment location, and ETAs for road, ocean, air, and railroad. Blume Maps can also provide alternative modes, carriers and routes when shipments are behind schedule, enabling unrivaled supply chain agility.
"When considering where we wanted to build Blume Maps, we made a very conscious decision to go with GCP instead of other cloud providers because of their commitment to making a difference in the supply chain space," said Blume Global CEO Pervinder Johar. "At Blume, we're building the digital supply chain operating platform for the next 50 years, and our partnership with Google Cloud Platform has enabled that mission."
About Blume Global
The supply chain technology provider Blume Global aims to remove $1 trillion of waste from the global supply chain, making logistics processes more agile, dependable and sustainable with innovative logistics execution and visibility solutions. Blume's digital platform goes beyond the transportation management status quo, empowering users to quickly predict the impact of disruptions and react in real time before minor issues become major problems. With one of the most extensive networks among logistics technology providers, Blume Global's direct connectivity to the ocean, air, rail, parcel, LTL and truckload carriers combines with Blume Global's solutions and 27 years of industry data to give customers the intelligence needed to maximize transportation spend, improve customer service and reduce carbon emission.