How an Oil, Gas & Chemicals Storage Company Achieved 10X ROI by Centralizing Sourcing and Diversifying Suppliers How

A chemicals storage company found itself in a precarious position amid escalating global tensions: Shipping delays and cost overruns were threatening to upend its expansion project. Procurement executives, engineers, and project managers were all busy with firefighting, leaving little room for strategic work.

The global company needed a solution to fix the crisis, as well as to prevent this kind of disruption in the future.

Discover how GEP overhauled the storage provider’s sourcing processes, leveraged economies of scale, secured alternative suppliers, and strengthened supply resilience.

Key Highlights:

  • $19 million in savings and 10x ROI within 12 months
  • Cost control through standardization and supplier diversification
  • Complete transformation of the source-to-contract process

This case study is a must-read for procurement teams looking to navigate market uncertainty and mitigate risks.

 

JUST A FEW MORE THINGS ABOUT YOU