In a significant development for procurement operations, NEOM has announced the transition of its sourcing, purchasing, and contracting activities to the GEP procurement platform. This move marks a shift from the previously utilized SAP Ariba system, aiming to streamline processes and enhance supplier engagement.
Phased Implementation Across Sectors
The transition to GEP will commence in May 2025, initially impacting three of NEOM’s pilot sectors: Enowa, Oxagon, and Tonomus/Tech & Digital. The full deployment across all remaining NEOM sectors is expected to be completed by the end of 2025.
Key Features of the GEP Platform
GEP’s procurement software, recognized for its advanced capabilities, offers several features designed to optimize procurement operations:(Consulting.us)
- A new portal for NEOM suppliers, facilitating improved communication and transaction management.
- Enhanced procurement helpdesk support, ensuring timely assistance and issue resolution.
- Streamlined processes for receiving NEOM invitations to sourcing events and submitting RFx responses.
- Efficient management of purchase orders, invoice submissions, and status tracking.
- Elimination of network fees for using the GEP software, reducing costs for suppliers.
GEP’s platform has been acknowledged for its excellence, securing top rankings in multiple categories in the Spend Matters Spring 2025 SolutionMap, including source-to-pay and source-to-contract functionalities.
