For global manufacturers, managing direct and indirect material spend can get very complicated very quickly. Multiple legacy systems prevent procurement from standardizing processes and tracking what they’re spending with each supplier.
Facing these challenges, a leading heavy equipment manufacturer selected GEP to redesign its source-to-contract processes and implement a convergent data model to help manage procurement data across its multiple locations.
This new case study, Global Heavy Equipment Manufacturer Saves $45M in Direct Material Sourcing With GEP SOFTWARE, explains how the company partnered with GEP to streamline its direct material sourcing process and increase spend visibility, leading ultimately to savings of $45 million and improved efficiency and governance.
What’s Inside:
- How to reduce manual intervention and improve data visibility
- Making all demand visible in one location
- An intuitive system to drive adoption and optimize sourcing
This case study is essential reading for procurement and supply chain leaders seeking to centralize direct and indirect sourcing processes and increase spend visibility with a modern, unified platform.
Theme: Procurement
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