BUSINESS INTELLIGENCE/PERFORMANCE MANAGEMENT
The Goodyear Tire & Rubber Company with Teradata In a spend management initiative that used technology from Teradata, Goodyear Tire & Rubber´s procurement department expectes project payback in three years with savings of $3.5 million to $5.5 million. One initiative within the program to analyze and adjust global payment terms for direct material purchases has realized a cash flow benefit of nearly $4 million with potential additional improvements of $5 million expected by the end of 2010. "This is a story of combined solutions for well defined goals with good results. It addresses the tough challenge of strategic sourcing at the global level." - Julie Langenkamp, editor-in-chief Read more here.