GEP Helps Fortune 500 CPG Company
A Fortune 500 CPG company with manufacturing operations across Asia, America and Europe, partnered with GEP to streamline/optimize procurement. GEP helped the client build a best-in-class, high performing global procurement organization. In this strategic partnership, GEP combined best-in-class practices and solutions with its unified procurement technology platform ― GEP SMART ― to drive significant savings and transform source-to-pay. The client improved its purchase order cycle time and automated a bulk of its PO creation process. The client also realized over $800 million in savings through the course of the project, and are now on track to achieve additional savings of $1 billion.