Case Study

FORTUNE 500 CPG ENTERPRISE BOOSTS SPEND VISIBILITY, DRIVES SAVINGS WITH GEP SMART

FORTUNE 500 CPG ENTERPRISE BOOSTS SPEND VISIBILITY, DRIVES SAVINGS WITH GEP SMART

Pages 3 Pages

FORTUNE 500 CPG ENTERPRISE BOOSTS SPEND VISIBILITY, DRIVES SAVINGS WITH GEP SMART A Fortune 500 CPG company with a global customer base and manufacturing footprint sought ways to reinforce prot margins by optimizing overall spend, while at the same time unifying procurement operations spread across multiple ERPs to boost efciency and collaboration. RESULTS ACHIEVEMENTS OBJECTIVES • Classied $8 billion in annual spend from ve million line-items • Over 15,000 contracts managed using SMART by GEP • Delivered $200 million in savings over three years • Increased savings run rate to 3.6% • Over 25% prot-and-loss (P&L) savings • Established center-led sourcing and category management processes • Gathered spend data from multiple ERPs across more than 40 countries and in 15 languages • Bro

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