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Case Study: a fortune global 500 oil and gas company optimizes spend and costs with GEP Software
A GEP Case Study
a Fortune Global 500 Oil & Gas Company optimizes spend and costs across APAC with GEP
A Fortune Global 500 oil and gas company sought to gain better visibility into its spend and contracts and improve savings through cost-estimation strategies. It needed a technology partner to integrate its supply chain and procurement processes across the Asia-Pacific region. The company engaged GEP and its software solutions to address these challenges.
GEP helped the client standardize its vast data across systems and locations for end-to-end visibility and initiated an effective cost-optimization plan. By implementing a should-cost model that analyzed key cost drivers, GEP empowered the client's sourcing managers and category planners, particularly during supplier negotiations and new product introductions. This enabled the leading oil and gas company to optimize spend and costs across the APAC region.
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