Case Study: Fortune 500 Global Cosmetic Manufacturing Company achieves 35% cost savings on corrugated packaging with GEP

Fortune 500 Global Cosmetic Manufacturing Company - Customer Case Study

A Fortune 500 global cosmetics manufacturer in Europe engaged GEP to cut corrugated box costs, standardize items and reduce SKUs, and implement category best practices across 11 plants and distribution centers in nine countries. The client needed coordinated cross‑country procurement, SKU rationalization and supplier consolidation while maintaining quality and delivery SLAs.

GEP executed a five‑step sourcing program—spend analysis, RFP/RFQ, e‑auction and negotiation, contracting, and TCO assessment—using detailed supplier evaluation criteria and pricing worksheets. The initiative reduced unique suppliers by 33% (retaining incumbents in six locations), validated supplier compliance with delivery requirements, deferred SKU cuts after TCO analysis, and delivered 35% savings versus the baseline.