Case Study: FMC Corporation achieves $150 million in procurement savings with IBM and SAP

FMC Corporation accelerates multi-million dollar savings with SAP and IBM

FMC Corporation, a specialty chemicals manufacturer, faced difficulty managing costs and lacked visibility due to its decentralized and non-standardized indirect procurement processes. To leverage its total spending power and improve operational efficiency, FMC partnered with vendor IBM and its IBM Global Business Services team, using SAP solutions to build a source-to-pay platform.

IBM implemented a global, standardized source-to-pay process built on SAP Supplier Relationship Management, which unified procurement across all FMC's business units and geographic regions. This solution provided unprecedented spend visibility and control, enabling smarter sourcing strategies. The measurable results were significant, as FMC achieved multi-million dollar savings of USD 150 million well ahead of schedule, increased purchase order transactions by 80 percent without adding staff, and automated 30 percent more transactions.

FMC Corporation

Inez Curry

Director of the Procurement Center of Excellence