# How BP uses Fairmarkit

**$1.2B**: “In the last 18 months alone, bp has put $1.2B of spend through Fairmarkit.”

As published on [fairmarkit.com](https://www.fairmarkit.com/case-studies/bp). Captured by usedby on 2026-10-07.

- Company: [BP](https://www.usedby.ai/companies/bp.md)
- Tool: [Fairmarkit](https://www.usedby.ai/tools/fairmarkit.md)
- Industry: [Energy, Utilities & Cleantech](https://www.usedby.ai/companies/industry/energy-utilities-cleantech.md)
- Teams: Procurement, Category management

## What the story says

bp uses Fairmarkit to automate and speed up its manual sourcing process, including low-value transactions, so procurement can keep up with its workload after a workforce reduction. It also uses the platform's supplier data to support diversity goals in category management.

Summary written by usedby from the source page, in English. The figures are those of Fairmarkit and BP, not ours.

> In the last 18 months alone, bp has put $1.2B of spend through Fairmarkit. Wright’s focus on automating manual and low-value transactions has resulted in bp actively sourcing $100M via automated processes, requiring zero human intervention.

- **$100M**: “Wright’s focus on automating manual and low-value transactions has resulted in bp actively sourcing $100M via automated processes, requiring zero human intervention.”
- **50%**: “So for example, we have taken our cycle time down by about half and what that means in real terms is our stakeholders get their work and their product and services about 50% quicker.”

> The data that Fairmarkit has provided is really the key to the tool. We have never had data like it.
>
> Nicholas Wright, Director, Digital and Innovation

## What usedby checked

We compared the story with its live page on 2026-10-07.

- Checked: the figure $1.2B is printed word for word on the page, near the name of BP.
- Checked: the passage quoted above is copied word for word from the page, near the name of BP.
- Checked: BP uses Fairmarkit. Confirmed line. Latest check across sources: 2026-10-07.
- Not checked: the result itself. We quote it; we did not measure it.

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Source: https://www.usedby.ai/case-studies/bp-fairmarkit · How we check: https://www.usedby.ai/methodology