The client, a multinational Oil & Gas company with users across multiple locations had been using a legacy system along with stand-alone systems to drive its procurement operations and associated activities. The lack of integration between these systems complicated processes for end users. Along with reducing process complexities and improving efficiencies, the client wanted to improve compliance to global procurement processes while pushing locally required differences for each affiliate. GEP partnered with the client to implement a single, integrated procurement platform – SMART by GEP – that could replace the legacy system and be fine-tuned to incorporate regional nuances. The aim was also to automate controls, thereby improving compliance. Integrating the process on a single application and redesigning it helped cut down procurement cycle time.
Contributors: GEPCategories: 2019 Nominations, Future of Sourcing Awards
SRC Type: Outsourcing, Procurement Outsourcing / Transformation