Case Study: Leading Telecom Company achieves $25M in savings with GEP's eAuctions

Leading Telecom Company Saves $25 Million Through eAuctions by Partnering With GEP

A Fortune 100 multinational telecommunications company needed to strengthen supply-chain resilience and reduce total cost of ownership for more than 100 direct‑material SKUs (including exchange, CAT6 and fiber cables). The goal was to identify new, reliable suppliers, mitigate potential supply risks and improve supply continuity through more competitive sourcing.

GEP helped by developing detailed specifications, inviting 50+ potential suppliers, training vendors on its eAuction tool and running online reverse auctions with three rounds of negotiations and bid analysis to uncover hidden costs. The process delivered more than $25 million in savings, rationalized SKUs by 15% and established multiple cost‑effective suppliers across geographies, improving overall supply continuity and resilience.