London, December 6, 2011: The Weir Group, the FTSE 100 global provider of engineering solutions to the energy and mining sectors, has adopted the world’s most popular cloud-based self-service analytics platform developed by Rosslyn Analytics, the global leader in Business Intelligence-as-a-Service (BIAS), to obtain and manage the company’s supply chain intelligence.
The Weir Group is using Rosslyn Analytics’ award-winning RA.Pid platform to improve operational performance and responsiveness to customer demand by pushing actionable business intelligence directly into the hands of their procurement and supply chain professionals.
“Rosslyn Analytics has given the Weir Group a powerful data management and reporting tool that feeds our executives with the information they need to make better informed decisions that will benefit our business and suppliers,” said Trevor Latham, Group Head of Procurement at Weir Group Plc.
In just four weeks, Rosslyn Analytics provided Weir Group’s global procurement organisation with one trusted view of spend data pulled from more than 20 countries and several currencies.
“We chose Rosslyn Analytics because of the speed and simplicity of using the RA.Pid data analytics platform to ensure all key employees have a single view of our global spend,” added Trevor Latham.
Weir Group’s procurement organization is using RAPid to:
- Continuously refine a global sourcing strategy to positively impact sourcing;
- Establish a strategic global category and supplier management program;
- Track spending by suppliers, by item, and a host of other key parameters; and,
- Monitor compliance of the on-time delivery of products from its suppliers.
“Rosslyn Analytics looks forward to working with the Weir Group to support their business intelligence needs at this exciting time in their corporate history,” said Charles Clark, CEO of Rosslyn Analytics. “The Weir Group is leading their peer group in the adoption of new technologies because they understand the importance of data as a strategic asset.”