GE Case Study
Company Size
1,000+
Country
- United States
Product
- Aravo Supplier Lifecycle Management Solution
Tech Stack
- Software-as-a-Service (SaaS)
Implementation Scale
- Enterprise-wide Deployment
Impact Metrics
- Cost Savings
- Productivity Improvements
Technology Category
- Platform as a Service (PaaS) - Application Development Platforms
Applicable Industries
- Electronics
Applicable Functions
- Procurement
Use Cases
- Inventory Management
- Supply Chain Visibility
Services
- Cloud Planning, Design & Implementation Services
About The Customer
General Electric (GE) is a diversified global infrastructure serving customers in more than one hundred countries and employing more than 300,000 people worldwide. The company is plugged into businesses that have shaped the modern world, with revenues in excess of $150B. From turbines to TV, from household appliances to power plants, GE has a wide range of products and services. The company has an enterprise-wide, global deployment with languages including English, French, Spanish, German, Japanese, and Chinese.
The Challenge
GE faced a complex challenge of managing over 700,000 global suppliers due to the highly complex supply chain. The vendor master in disparate systems lacked schema hierarchies, supplier certifications, compliance data, and contracts. There was rapid vendor proliferation without appropriate controls and a lack of spend visibility across the enterprise due to inaccurate supplier information and categorization processes. The company needed a solution that could provide a single globally-deployed vendor master management solution that creates one “source of truth” for suppliers across the entire organization.
The Solution
GE implemented the Aravo Supplier Lifecycle Management Solution. Aravo SLM is a Software-as-a-Service (SaaS) platform that enables enterprises like GE to automate and manage global supplier lifecycle processes to increase efficiencies in supplier management, improve supplier data quality, reduce costs, and enhance their ability to negotiate better terms with suppliers. GE is now live on Aravo SLM with 700,000 suppliers under management in six languages. Aravo SLM will continue to be rolled out to users globally and adopted by new business units during the remainder of 2011. Aravo SLM is delivered on a highly configurable SaaS platform, which enabled rapid deployment at GE despite extremely complex data types, business requirements, and processes.
Operational Impact
Quantitative Benefit
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