LONDON--(BUSINESS WIRE)--A global data analytics and advisory firm, Quantzig, that delivers actionable analytics solutions to resolve complex business problems has announced the completion of their latest engagement during the course of which they helped a European manufacturer to address key issues related to vendor and spend data management.
With the growing competition, global manufacturers face a wide range of challenges including the need to adhere to local regulations related to labeling requirements and safety standards. Several such factors are pressurizing manufacturing companies to adhere to the regulatory requirements without compromising on their operational efficiency. However, with most of the crucial data trapped in siloed data management systems, master data management is indeed an uphill task for companies looking at addressing such challenges.
The Business Problem: The client is a well-established manufacturer and distributor of high-quality construction equipment based out of Europe. The company is well-known for delivering high-quality construction equipment and services all over the globe. The client faced several challenges in fine-tuning their master data management strategies. As such, they needed a consistent view of their manufacturing and distribution processes. They approached Quantzig to leverage its master data management expertise and implement a master data governance framework to enhance spend visibility.
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The Solution Offered: To help the client tackle their challenges and enhance spend visibility we first developed a comprehensive roadmap to tackle all their issues. The initial phase of this engagement revolved around analyzing the client’s existing data governance model. In addition to developing a roadmap to address these issues we also helped them develop and implement a robust master data governance model to enhance spend visibility.
This success story is a typical example of how our master data management solutions can help manufacturers to meet the regulatory requirements and manage spend. Request a free proposal to know more about the benefits of our data management solutions.
Quantzig's master data management solutions helped the client to:
- Proactively address compliance related issues
- Standardize and simply their master data management processes
- Request a free demo to know more about our data management capabilities.
Quantzig's master data management solutions offered predictive insights on:
- Implementing a target operating model to overcome organizational silos
- Improving vendor risk management
- Reduce manual efforts, improve productivity, and eliminate inventory errors with our master data management solutions. Request for more information now!
Quantzig is a global analytics and advisory firm with offices in the US, UK, Canada, China, and India. For more than 15 years, we have assisted our clients across the globe with end-to-end data modeling capabilities to leverage analytics for prudent decision making. Today, our firm consists of 120+ clients, including 45 Fortune 500 companies. For more information on our engagement policies and pricing plans, visit: https://www.quantzig.com/request-for-proposal