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Case Study: a Fortune Global 500 oil and gas company reduces inventory wastage by 40% with GEP NEXXE
A GEP Case Study
Fortune Global 500 Oil & Gas Company reduces wastage by 40% with GEP
An Asian-based Fortune Global 500 oil and gas company sought to reduce stock wastage and achieve significant cost savings. The customer needed real-time visibility into its inventory and user-friendly dashboards for clear data interpretation. To address this challenge, the company partnered with the vendor GEP.
GEP implemented its GEP NEXXE supply chain software to integrate and streamline the customer's inventory and warehouse management. The solution provided the desired real-time visibility and dashboards. As a result, GEP helped the company reduce inventory obsolescence by 40% and decrease overall inventory liabilities by 12%.
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