7 Images Total
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.
Smith & Nephew with Informatica A program that applied technology from Informatica helped Smith & Nephew revolutionize the way the company thinks about data and how to apply it for competitive advantage. Among the initiative´s immediate successes was a data cleanup that flagged inactive and duplicate customers. The company now saves $100,000 for every customer mailing campaign, and $1 million in missed opportunity over the customer lifetime. "This solution applies lean principles to data integration, data quality and master data governance for multiple benefits to the organization." - Valerie Valentine, senior editor Read more here.