A global oil and gas major, with a diverse range of products in hydrocarbons, renewables and chemicals, wanted to gain better visibility into its spend and contracts, and improve savings through cost-estimation strategies. The company sought a technology partner to achieve these goals and integrate its supply chain and procurement processes across the Asia-Pacific region.
GEP helped the client standardize its vast data across systems and locations for end-to-end visibility and initiated an effective cost-optimization plan. GEP’s should-cost model analyzed cost drivers for raw materials, components and manufacturing, empowering the client’s sourcing managers and category planners, especially during supplier negotiations and new product introductions.
This case study is a must-read for supply chain and procurement leaders who want to drive cost savings and boost supply chain efficiency.