Case Study: a Fortune 500 manufacturer boosts spend visibility and supplier performance with GEP SMART

Fortune 500 Manufacturer manages $33 billion in spend with GEP SMART

A Fortune 500 manufacturer in Europe faced significant difficulty standardizing processes, managing spend, and improving supplier performance due to disparate systems across its six business units. To overcome this challenge, the company turned to vendor GEP for a unified solution using the GEP SMART source-to-pay cloud platform.

The implementation of GEP SMART allowed the manufacturer to harmonize its procurement activities. The solution provided strong results, including the classification and analysis of over $33 billion in spend, the creation of more than 3,000 sourcing events, and the onboarding and management of over 13,000 suppliers. GEP's platform led to high user adoption and a far more efficient and productive procurement operation overall.