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June 2008: Datactics “Can Do Attitude” Wins Major Contract With Fortune 500 Company

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Terex contract Datactics to track procurement expenditure and savings gained across its global supply chain.

Terex has further strengthened its long standing relationship with Datactics by commissioning the Data Quality specialist to track procurement expenditure and savings gained across its global supply chain. Michael McGrath, Director of Global Sourcing, Hydraulics commented “We chose Datactics because of its Can Do attitude. It has now delivered three projects on time and on budget.”

This diversified global manufacturer and a Fortune 500 Company continues to grow by mergers and acquisitions. To quantify savings and expenditure achieved across its 34 global business units, Datactics implemented a secure web enabled solution which empowers users to remotely upload and validate part-plans. Part-plan data contains supplier name, description code, unit of measure, direct and indirect costs. Now with Datactics’ technology, Terex is able to upload accurate and standardized part-plan data into the eCost application for comparative analysis. Furthermore with reliable and timely data entering eCost, future Business Intelligence reports will be a trustworthy source for founding new business initiatives. This quick, simple to use and effective web solution has replaced the traditional time consuming and laborious process of emailing the requested data from 34 worldwide business units to the UK based eCost team for analysis and reporting purposes. The web enabled solution reduces delays imposed by the manual system and is designed to manage data in multiple languages 24/7.

About Datactics

Datactics data quality solutions equip the business user to build a unified, enhanced and accurate view of product, supplier, customer and financial data. Use of Datactics reduces manual data cleansing time and costs, creating faster time to market, driving revenue as well as reducing risk and costs. The company specializes in industries such as distribution, retail and manufacturing.

Datactics has over 10 years experience in the data quality industry. The company has gained industry recognition as a visionary within the Gartner Magic Quadrant for Data Quality Tools since 2007. Datactics has been recognized by Bloor Research and also by Information Difference in its Data Quality Landscape Report. Datactics has a strong portfolio of Fortune 500 customers and other leading organizations, and a worldwide partner network.