Terex Set to Save 12% of Its US$4 Billion Annual Spend With Global Purchasing Warehouse

Overview

A recognized global player in the manufacture of capital equipment, Terex equipment is marketed by over 50 brand names for the construction, infrastructure, quarrying, mining, shipping, transportation, and refining industries. The challenge was to gain a single, integrated, view of spend data from the 17,000 suppliers who sell 750,000 different part numbers to Terex and leverage Terex's USD$4.2 billion annual spend by seeking the best quality, value and service from every supplier and offering the best performers significant potential for growth. The company was benefited from Oracle Consulting's knowledge and expertise in developing business intelligence solutions to create a viable proof of concept in two weeks.