Case Study: U.K. Chemicals Giant exceeds savings target by 55% with GEP

UK Chemicals Giant Achieves 55% More Savings Than Targeted With GEP's Expertise

A U.K.-based global chemicals company faced a complex cost‑management challenge: scattered spend and contract data, a new procurement organization and policy, long product qualification cycles, limited supplier capacity and price constraints from prior agreements across a total spend of more than £1.2 billion (about £250 million addressable across 17 suppliers). The company engaged GEP for a five‑month initiative to drive measurable savings and restore procurement’s strategic role.

GEP ran a one‑month opportunity assessment, consolidated fragmented data, drafted short‑ and long‑term negotiation scripts and deployed repeatable analytical levers (TCO, volume consolidation, formula‑based pricing and real‑time market intelligence). Multiple global negotiation rounds plus process changes and strategic supplier statuses delivered about £11 million in savings—55% above target—streamlined payments, tariff avoidance and a clear roadmap to ongoing supplier management.