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Managing costs across hundreds of stores is no easy feat—especially when each location operates independently. For one Fortune 500 retailer, this disorganized approach led to skyrocketing costs, especially in their hospitality division. Imagine spending $19 million annually on meat alone, with no unified strategy to control these expenses.
What if there was a smarter way to manage spending? Enter GEP, the game-changer in procurement and supply chain strategy.
This podcast delves into how GEP partnered with the retailer to tackle their biggest challenges.
What You'll Hear:
- How GEP reduced the retailer’s meat costs by over 10%, saving $2 million annually
- How consolidating inventory by 80% and creating a unified procurement process enhanced efficiency
- Real-time visibility into spending for better planning and adaptability