Case Study: a multinational telecom provider saves $25 million with GEP eAuctions

Multinational Telecom Provider saves $25 million with GEP eAuctions

A multinational telecom provider sought more competitive pricing for over 100 key items and wanted to switch suppliers. To achieve this, the company partnered with GEP and sought its expertise to utilize eAuctions as a strategic sourcing method.

GEP's sourcing experts managed the entire process, developing the strategy, identifying suppliers, and orchestrating the eAuctions using the GEP SMART tool. Through three rounds of negotiations and a 15% SKU rationalization, GEP helped the telecom provider achieve optimal rates, resulting in $25 million in savings.