Case Study: Mitsubishi Heavy Industries Compressor International Corporation boosts compliance and supplier risk management with Avetta

Mitsubishi Heavy Industries Compressor International Corporation boosts supplier registration 40% with Avetta

Mitsubishi Heavy Industries Compressor International Corporation (MCO-I) faced challenges in monitoring supplier compliance with various certifications, which left them vulnerable to risks including cyber threats. They sought a solution to gain greater visibility and improve their supplier risk management. To address this, they partnered with Avetta and utilized the Avetta Connect platform.

Avetta provided a centralized platform for documentation and continuous compliance monitoring, enabling MCO-I to move from periodic to real-time oversight. This solution led to a significant increase in supplier engagement, with 40% of their supplier base registering within the first eight months and 66% of those completing the manual audit process. The partnership with Avetta streamlined their processes, enhanced data integrity, and provided the analytics needed to build a more mature supplier management system.

Mitsubishi Heavy Industries Compressor International Corporation