Case Study: a major municipal services provider achieves 10% savings and 50% higher supplier participation with GEP

Sustainable Savings through Strategic Sourcing

The customer, one of the largest municipal services providers worldwide, wanted to achieve sustainable savings through strategic sourcing while maintaining a high degree of product customization. The challenge was impacted by a lack of supplier participation and negotiation constraints. They engaged GEP to address this.

GEP conducted a category scan to identify the best opportunities and introduced a reverse auction concept using their auction platform and methodology. As a result of GEP's solution, the client saw a 50% increase in the supplier participation rate and achieved 10% savings relative to the last price paid. The newly established approach is now being explored for use in other areas like renewable energy.