In the era of low margins and burgeoning costs, manufacturers are compelled to identify potential areas of savings and this is where procurement plays a huge role. Strategic sourcing becomes critical in the broader scenario as enterprises look to improve service levels while driving bottom-line savings.
Understand how a Fortune 500 CPG manufacturer leveraged GEP’s category sourcing and management expertise to reduce packaging costs and enhance supplier reliability. The result: optimization and integration drive resulted in on-time delivery metrics for selected suppliers and savings opportunities.
A must-read case study for procurement professionals looking to reduce sourcing costs through integrated planning.