Case Study: a Fortune 500 medical device manufacturer transforms procurement with GEP SMART

Fortune 500 Health Care Enterprise Transforms Procurement, Drives Savings With Gep Smart

A Fortune 500 medical device manufacturer faced challenges with its procurement processes, seeking to increase spend visibility, drive savings, and integrate a new solution with its existing ERP and legacy systems. The company partnered with vendor GEP Nexxe and implemented its SMART software to automate sourcing, improve transparency, and establish a repeatable workflow from opportunity identification to contract.

GEP Nexxe configured its SMART platform to work across 40 countries and in four languages, enabling direct supplier bid comparisons and providing the legal team with greater contract visibility and audit control. The results were significant, with the client initiating over 300 RFxs, creating more than 640 contracts, and migrating 21,000 contracts to the platform. The solution processed over 1.4 million transactions and analyzed more than $3.6 billion in spend, leading to measurable efficiency gains and hard savings.