Case Study: Fortune Global 500 Automotive Firm achieves $500M in savings and transforms procurement with GEP

How GEP Helped a Fortune Global 500 Auto Manufacturer Transform Procurement And Optimize Savings

A Fortune Global 500 automotive manufacturer sought to transform its procurement function amid rising fuel costs, supply-chain disruption and a strategic shift to energy-efficient technology. The company faced low visibility into non‑production North America spend, limited indirect spend under management, a fragmented supplier base and a procurement team burdened by tactical work; its goals included consolidating suppliers, improving supplier relationships, increasing S2P adoption and tracking procurement KPIs.

GEP performed a procurement maturity assessment and implemented a center‑led, category‑focused operating model with co‑sourcing of non‑core activities, a market intelligence center of excellence, stronger governance and digital S2P enablement. The multiyear program delivered rapid wins ($17M in eight months), raised compliance from under 40% to over 85%, rationalized the supply base and realized more than $500M in savings while shifting procurement to higher‑value, strategic work.