CPG Manufacturer Achieves $1 Billion in Savings with GEP
GEP developed and deployed a new operating model to centralize procurement across the globe and streamline the company’s end-to-end procurement processes.
Objectives
- Transform S2P process by designing a closed-loop approach
- Maximize synergy through an end-to-end and integrated delivery model across services and technology
- Drive procurement innovation through a mutually beneficial partnership
- Utilize best-in-class indirect category strategies to deliver optimal savings
- Perform in the top quartile of procurement capabilities across peer companies
Approach
- Developed new organizational model, KPIs, policies, buying channel strategy, communication plan and technology road map
- Created organizational design and restructuring plan to centralize multiple procurement units across the globe
- Designed global, regional, and local category models
- Implemented GEP SMART with built-in robotic process automations (RPAs) to gain operational efficiencies
- Leveraged GEP Market Intelligence COE to develop actionable insights/benchmarks for local markets
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