Case Study: Multinational Biopharmaceutical Company achieves $25M in realized savings through strategic sourcing with GEP

GEP Helps Multinational Biopharmaceutical Company Drive Millions in Realized Savings Through Strategic Sourcing

The client, a $16B+ global leader in specialty biopharma, faced a major procurement challenge as the company reorganized business units and shifted strategic focus. While direct spend was well managed, indirect categories (IT, MRO, travel, marketing, professional services, etc.) lacked maturity and visibility, so the company sought a partner to transform procurement into a best‑in‑class function.

GEP transitioned 18 indirect categories to an end‑to‑end sourcing and category‑management model, deploying a 24‑person global team to drive strategy, sourcing, supplier relationships and performance tracking across five regions. In year one GEP exceeded the $22M target by delivering $25M in savings, generated $1.16M in favorable payment‑term discounts, increased small‑business spend to 19% (vs. 15% target) and raised supplier performance reporting to 100%.