Case Study: Fortune 500 Medical Device Manufacturing Company achieves procurement transformation and $3.6B spend visibility with GEP's SMART by GEP platform

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

A Fortune 500 developer and manufacturer of medical devices across cardiology, neuromodulation, electrophysiology, cardiac surgery, urology and gynecology sought to regularize sourcing, boost transparency and repeatability, and drive real savings. The company needed procurement automation that would integrate with existing ERP and legacy systems, create a natural workflow from opportunity identification to contract, and provide robust reporting across categories and geographies.

GEP deployed SMART by GEP—configured for spend analysis, sourcing and contract management and rolled out across 40 countries in four languages—enabling supplier interaction, standardized RFx templates, improved legal visibility and automated source-to-contract workflows. The platform supported more than 300 RFx events, 640+ contracts created, 21,000 contracts migrated, 1.4M+ transactions processed and analysis of over $3.6B of spend, delivering faster sourcing cadence, measurable efficiency gains and sustained savings opportunities.