Case Study: a Fortune 500 food manufacturing client achieves 12% savings with GEP's cost clean sheet model

Fortune 500 Food Manufacturing Client realizes 12% savings with GEP

A major fast-moving consumer goods (FMCG) company, specifically a Fortune 500 food manufacturer with over $10 billion in revenue, faced limited visibility into the cost drivers for its preprocessed raw materials. This lack of insight led to suboptimal pricing and put the company at a disadvantage during negotiations. The vendor GEP was engaged to address this challenge.

GEP assisted the client by building a cost clean sheet model to analyze the factors impacting preprocessed raw material pricing. This model provided key negotiation levers. Furthermore, GEP helped identify and implement cost-saving methods for the client's operational spend in the Asia-Pacific region. As a result, the food manufacturing client realized 12 percent savings toward its goals.