For global manufacturers, managing direct and indirect material spend can get very complicated very quickly. Multiple legacy systems prevent procurement from standardizing processes and tracking what they’re spending with each supplier.
In response to these challenges, a leading heavy equipment manufacturer selected GEP to redesign its source-to-contract processes and implement a convergent data model to help manage procurement data across its multiple locations.
This new case study, Global Heavy Equipment Manufacturer Saves $45M in Direct Material Sourcing With GEP SOFTWARE, outlines how the company partnered with GEP to streamline its direct material sourcing process and increase spend visibility, leading ultimately to savings of $45 million and improved efficiency and governance.
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