U.S. Steel is implementing GEP Software, powered by artificial intelligence, to transform its procurement process, moving away from manual systems to improve efficiency and scalability. The software aims to integrate external intelligence for better purchasing of direct materials and commodities, facilitate cost modeling, and enhance strategic decision-making. It will also automate reporting and data collection to assess supplier risk and performance. The deployment is set for this year, with GEP Sourcing being the first module to launch.

Source: https://www.supplychaindive.com/news/us-steel-procurement-processes-ai-software-gep/736468/