A global automotive major wanted to improve its spend management and transform procurement into a function that could deliver higher savings and provide greater strategic support to the business. The company sought a partner that could design and execute a new sourcing model and develop a transformation road map.
GEP supported the automaker through the entire lifecycle of the transformation, helping it clean up and restructure processes, and design and execute a road map for procurement, enabling it to focus on high-value projects and innovation. The net result was a five-year, multi-phased program that delivered over $500 million in savings.
This case study is a must-read for procurement leaders looking to transform operations and have procurement play a vital role in supporting business strategy and growth.