Empowering Decision-Making with GEP SMART CostDrivers Platform

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Empowering Decision-Making with GEP SMART CostDrivers Platform

Market Data and Intelligence for Decision Making

Keeping track of pricing and costs across various materials and data streams can be a complex task. GEP SMART CostDrivers provides a global supply markets forecasting, pricing trends, and cost-modeling platform that consolidates a full range of cost models in one source. This platform enhances productivity, fosters efficiency across functional areas, and drives sustainability. With access to over 100,000 indexes tracking transaction prices for commodities, services, and supplies in over 60 countries, across thousands of categories, GEP SMART CostDrivers merges big data, analytics, and market intelligence. This wealth of information enables customers to benchmark against competitors, make informed forecasts, planning projections, predictions, negotiate effectively, and strategize price repositioning.

One Platform for Cost and Supplier Management

GEP SMART CostDrivers offers a consolidated view of all cost elements associated with product delivery to the market, in addition to facilitating supplier relationship management. By centralizing historical data, advanced analytics, and machine-learning-enhanced insights, GEP SMART CostDrivers equips clients with real-time pricing intelligence. This platform acts as a powerful catalyst for making data-driven decisions that drive efficiency and cost-effectiveness.

Key Features and Benefits

GEP SMART CostDrivers boasts a wide array of key features and benefits, including: - One integrated source for cost and price data - Over 100,000 global price indexes covering commodities, services, and operating supplies - Data sourced from over 60 countries - More than 5,000 cost models - 15 years of historical data - Automation tools for procurement, sales, and finance functions - Cost-breakdown analysis that provides insights into weighted cost components with forecasts - Trusted by over 330 clients for over 19 years By leveraging these features, businesses can streamline their operations, enhance productivity, identify cost-saving opportunities, and drive sustainability initiatives across functions.

Gains in Productivity and Sustainability

The extensive scope of offerings from GEP SMART CostDrivers empowers users with access to macroeconomic indicators, operational costs, production costs, and commodities data from over 60 countries. By leveraging accurate real-time data, clients can drive improvements in productivity, enhance sustainability initiatives, and implement efficient strategies across functions. With GEP SMART CostDrivers, businesses can make informed decisions, optimize costs, and position themselves for success in a competitive landscape.

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