Case Study: a Fortune 500 manufacturing company builds a $500M indirect procurement savings pipeline with GEP

Fortune 500 Manufacturing Company builds $500M savings pipeline with GEP

GEP partnered with a Fortune 500 manufacturing company that was struggling with a fragmented, decentralized procurement operation for indirect spend. The customer had less than 50% spend visibility and a complex technology landscape, which prevented its team from taking on strategic roles as they were consumed by daily transactional tasks.

GEP implemented its combined solutions, including the unified GEP SMART platform alongside advisory and managed services. This solution dramatically increased spend visibility to 95%, simplified purchasing, and allowed GEP to take over transactional activities. The results included over $100 million in P&L savings and the creation of a $500 million savings pipeline, transforming procurement into an efficient, center-led strategic function.