Case Study: a global consumer packaged goods leader achieves $1B in savings with GEP procurement

Global Consumer Packaged Goods achieves $1B in savings with GEP

A global consumer packaged goods manufacturer sought to transform its source-to-pay processes to improve focus on indirect spend and advance its procurement capabilities. The company engaged GEP to help address this challenge.

GEP assisted the client by developing a new procurement operating model, which included restructuring and centralizing the procurement organization to improve visibility and contract compliance. Through this partnership with GEP, the company achieved an estimated $1 billion in overall savings, reduced its supplier base by 30%, and improved purchase order cycle time.

Global Consumer Packaged Goods