Case Study: Leading Clothing and Accessories Retailer achieves complete spend visibility and 90% spend accuracy with GEP SMART (GEP)

Leading Clothier Enhances Spend Visibility and Analytics With GEP SMART™

An American specialty retailer with more than $990 million in annual sales, 200 stores in North America (500 globally), and several U.S. manufacturing units faced limited visibility into roughly $250 million of spend, more than 100 RFx events a year, long spend-analysis turnaround times, and an inflexible procurement system that couldn’t support its processes.

The company deployed GEP SMART, a cloud- and mobile-native procurement platform, and worked with GEP experts to automate data collection, spend analysis and sourcing while configuring workflows to the retailer’s practices. Within a month the team migrated 12 months of historical data for initial users; post-deployment the retailer achieved complete spend visibility across business units, over 90% spend-data accuracy, faster analysis turnaround, and a standardized, optimized RFx process and templates.