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Tamr Powers Procurement Analytics That Drive Down Component Cost and Improve Payment Terms

Traditional Development Of A Single View Of A Supplier Is Unscalable.

A highly diversified manufacturing corporation was facing a major obstacle around generating a single view of their suppliers. The company had successfully grown organically in many industries for multiple decades but the primary driver of growth over the years has been mergers and acquisitions. The result of this model is an operating environment with numerous information silos spanning multiple business units. Specifically, one of the organization’s business units was maintaining over a dozen ERP systems, making the manual construction of a single view of a supplier very expensive and time consuming.Also, any inaccuracies could have damaged the company’s ability to negotiate prices and payment terms with a reputable supplier for common parts that divisions ordered, ultimately harming profitability.

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