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Terex

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Terex is both a Fortune 500 and a Standard & Poor's 500 Index Company. Terex was rated the 4th best performing company in 2007 by Barrons and is the third largest manufacturer of construction equipment in the world. It is a diversified global manufacturer with over 50 brands spanning a range of industries including: construction, infrastructure, quarrying, recycling, surface mining, shipping, transportation, refining, utility and maintenance industries.

The Challenge

Terex is an acquisitive company with databases located all over the world. As they acquired more business units their data became more complicated. Spend data was not able to be analyzed correctly or in a timely manner because the data was not consolidated. Also data was non-standardized and full of duplications and inconsistencies. Terex wanted to streamline an accurate and consistent flow of data within its global organization.

The Solution

Datactics implemented a fully integrated web enabled Data Quality Firewall and File Validation tool. This allowed eCost coordinators worldwide to upload their files for auditing at anytime of the day at will, enabling a faster turnaround of remotely validated and uploaded business unit data. To maintain an ongoing high level of data quality, Datactics cleanses, standardizes and deduplicates supplier spend data in an automated manner.

The Benefits

This cleaner data is enabling faster implementation of the Terex Corporate Sourcing Strategy. Consolidated, accurate data is streamlining supply chain processes and leading to greater efficiencies within the organization; this has massive cost saving and revenue generation benefits. 

"...The simplicity of the application has been embraced by its users, whilst its best price performance ratio together with its ability to be integrated with in-house applications has been welcomed by management."

Jarlath Trainor, eCost Data Warehouse Engineer, Terex

For more information please click Terex eCost Case Study.

“We chose Datactics because of its Can Do attitude. It has now delivered three projects on time and on budget.”  

Michael McGrath, Director, Global Sourcing Hydraulics, Terex

Please click the latest Terex Global Benefit Tracking Case Study.