bp wanted to free up procurement resources to concentrate on value-added procurement activity as well as ensure they were managing their spend and budgets efficiently . To do this , the company wanted to both automate as much of their process as possible and monitor procurement data in real time to identify efficiencies .

The Challenge

Procurement at bp is an incredibly large operation . The company ’ s supply chain spans the globe , incorporating functions as varied as drilling for oil , to constructing wind turbines , to operating retail storefronts . In this environment , the procurement team needs to manage spend ranging from billion-dollar specialist equipment to the receipt rolls in cash registers .

Automation makes it simpler . Data makes it smarter . Fairmarkit is the intelligent sourcing platform that makes it possible .

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