Case Study: Needle Craft achieves $175,000 in annual transaction cost savings with GT Nexus

Jordan-Based Garment Manufacturer Saves $175,000 Annually in Financial Supply Chain

Needle, a fast-growing Jordan-based garment manufacturer, was struggling with manual paper-based transaction processes that caused errors, non-compliance issues, delayed payments, and limited visibility across its supply chain. After being introduced to GT Nexus in 2009, the company adopted the GT Nexus supply chain collaboration platform, including shipment-to-payment and invoice discounting services, to support transactions with a leading global sporting goods and apparel brand.

GT Nexus centralized Needle’s documents and automated purchase orders, invoices, payments, and tracking, giving the company real-time visibility and faster issue resolution. As a result, Needle phased out letters of credit, moved to open account trading, improved working capital management, and saved $175,000 annually in transaction costs, while handling more than $3 million in transactions each month through GT Nexus.

Needle

Muhammad Afzal

Finance Manager