Case Study: a Fortune 100 healthcare company achieves procurement savings with GEP SMART

Fortune 100 Healthcare Company drives double-digit procurement savings with GEP SMART

A Fortune 100 healthcare company in the medical device industry faced intense competition and needed to optimize its spend management to realize savings. The $20 billion-plus enterprise sought to transform into a best-in-class, lean, and scalable procurement organization. To achieve this goal, the company partnered with vendor GEP and leveraged the GEP SMART procurement platform.

GEP implemented a procurement transformation project that enabled the client's function to leverage volume-based negotiations, category management, and supplier relationship management. This solution laid a solid foundation for increased efficiency gains and helped the healthcare company realize its goal of achieving double-digit procurement savings. The project, led by GEP, successfully drove higher value and savings for the customer.