Liberty Global picks GEP procurement software

Liberty Global, a multinational telecommunications firm, has after a competitive review selected GEP Software to transform its source-to-contract process.

The London, Amsterdam, and Denver headquartered company will use GEP’s procurement and supply chain software platform to improve its sourcing, spend analytics, savings tracking, category workbench, and contract and supplier management for all direct and indirect procurement.

Liberty’s fiber and 5G networks support more than 86 million fixed and mobile connections, delivered via sub-brands including Virgin Media-O2 (UK), VodafoneZigoo (Netherlands), and Telenet (Belgium). The firm has 33,000 employees and $7 billion in annual consolidated revenue.

GEP Software comprises GEP Smart, a leading procurement software solution, and GEP Nexxe, a unified supply chain platform. The Clark, NJ firm also offers supply chain consulting and managed services.

GEP’s recent client wins include Siemens Healthineers, the Mormon Church, and Macy’s.

The company also announced a new suite of solutions that use OpenAI's ChatGPT technology within Microsoft Azure’s OpenAI Service – providing an intuitive interface to query data, automate processes, and improve decision-making.

“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," said Subhash Makhija, chief executive officer of 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 is available in the Microsoft Azure Marketplace.