Case Study: Fortune Global 500 Oil & Gas Company achieves 40% reduction in wastage and unified inventory visibility with GEP NEXXE

Top Oil & Gas Company Gains Better Inventory Visibility, Reduces Wastage By 40% With GEP SOFTWARE™

A Fortune Global 500 oil & gas company with operations in 12 countries needed complete inventory and supply‑chain visibility to optimize cash flow, improve forecasting and strengthen supplier collaboration. Its legacy, siloed systems lacked real‑time stock, replenishment and reporting capabilities, limiting responsiveness and increasing obsolescence and inventory liabilities.

The company deployed GEP NEXXE across seven plants in seven months, integrating legacy systems via GEP CLICK to unify inventory, enable mobile warehouse operations and provide a single predictive dashboard. The AI‑driven solution automated replenishment, cut obsolescence and lead times by 40%, reduced inventory liabilities by 12%, onboarded about 500 suppliers, and delivered real‑time visibility that improved forecasting, decision‑making and reduced wastage and expedited shipping costs.