For a Fortune 500 oil and gas company, revamping its outdated procurement processes was essential to enhance operational efficiency and reduce costs. Facing the challenges of managing a dispersed supplier base and achieving higher data accuracy, the company needed a robust update to its procurement system.
The company turned to GEP to help achieve this. GEP deployed its AI-powered unified platform GEP SMART. The strategic deployment met 85% of the project goals on day 1 and helped achieve a 98% accuracy rate along with a host of other benefits. This approach not only ensured a smooth transition but also set a new standard in procurement efficiency.
Discover how GEP streamlined supplier management and set a new benchmark in procurement operations, completing the project on time and within budget.
What’s Inside:
- How GEP SMART helped integrate over 70% of suppliers before system launch
- Achieving 98% accuracy in data conversions
- Insights into meeting 85% of project goals from day one
Theme: Procurement
