Case Study: a chemicals storage company achieves 10X ROI with GEP

How an Oil, Gas & Chemicals Storage Company Achieved 10x ROI by Centralizing Sourcing and Diversifying Suppliers

A chemicals storage company faced significant supply chain disruptions due to global tensions, with shipping delays and cost overruns threatening a major expansion project. Their procurement teams were overwhelmed with tactical firefighting, leaving no capacity for strategic risk management. They partnered with the vendor GEP to overhaul their sourcing processes.

GEP implemented a solution that centralized sourcing and diversified the supplier base, leveraging economies of scale and strengthening supply resilience. This transformation of the source-to-contract process delivered $19 million in savings and achieved a 10x return on investment within 12 months, providing the company with critical cost control and protection against future market uncertainties.