Case Study: Global Manufacturing Company improves spend visibility and compliance with Quantzig

Harnessing the Power of Master Data Management to Enhance Spend Visibility and Compliance in the Manufacturing Sector

Global Manufacturing Company, a leading Europe-based manufacturer and distributor of construction equipment, was struggling with master data management across siloed systems. With limited access to vendor information and only 17% of spend data categorized, the company lacked spend visibility, had reduced negotiating power, and faced growing compliance and vendor-risk challenges.

Quantzig helped Global Manufacturing Company by developing a master data governance framework and a robust master data management model to improve data quality, spend visibility, and material maintenance costs. The solution standardized master data processes, improved vendor risk management and compliance handling, and contributed to an estimated $7 million in benefits through operational, sourcing, and master data management initiatives.