Case Study: a U.S. retailer diversifies its supplier base and boosts supply chain resilience with GEP

a U.S. retailer improves supply chain resilience and targets 35% annual cost savings with GEP

A U.S. retailer specializing in lifestyle accessories faced the challenge of needing to diversify its supplier base for direct materials. Concerned about geopolitical risks and over-reliance on suppliers in China, it needed to improve supply chain resilience without escalating costs. The retailer partnered with procurement and supply chain solutions provider GEP to address this challenge.

GEP implemented a solution to identify and qualify reliable suppliers and contract manufacturers outside of China. They conducted negotiations and helped redistribute procurement volumes across this new, diversified supply base. As a result of working with GEP, the retailer significantly reduced its supply chain risk and is set to realize substantial annual cost savings of 35 percent.

U.S. Retailer