EXTON, PA--(Marketwired - Jul 2, 2013) - Elemica, the leading Supply Chain Operating Network provider for the process industries, announces that full-scale connectivity of all supply chain trading partners brings tremendous value across the network. Statistics show supply chain networks growing in value as a critical mass of trading partners are seamlessly connected, allowing participants to leverage their collective activities to achieve better business insight while also realizing significant cost savings. Key to achieving these benefits quickly is a supply chain network that enables powerful trading partner discovery, mass on-boarding campaign execution, and B2B social collaboration capabilities.
"Growing supply chain complexities from global operations hinder visibility into supply chain processes and execution," said John Blyzinskyj, CEO of Elemica. "One way enterprises alleviate this issue is by electronically connecting to suppliers, enabling them to collaborate on forecasts and demand, as well as gaining visibility into orders, inventory, and shipments. As hundreds to thousands of companies are involved in bringing a product to market today, their collective activities need to be closely synchronized in order to deliver products to customers on time and within budget. Process industry companies benefit immensely when they extend their supply chain activities outside of their four-walls into a multi-enterprise supply chain network."
Lora Cecere, Founder and CEO of Supply Chain Insights, a thought-leading supply chain research firm, mentioned in her SupplyChainShaman.com blog that Elemica's multi-tier supply chain network brings new forms of collaborative workflow for supply chain visibility. Lora writes, "Formed in 1999 to serve the process chemical industry, Elemica is moving from a singular vision of e-procurement to multi-tier visibility and collaborative workflow. The solution has been rebuilt from the ground-up to be a multi-tier data model and is named the Supply Chain Operating Network. The first year is a foundational connectivity play with future plans to enable partners to write software on top of the platform. Today, Elemica processes nearly $200 billion in annual transactions across more than 5,000 process industry trading partners. The user interface of the solution is very promising."
Once connected to the Elemica network, companies have access to a second-to-none demand-supply network of trading partners for the process industry through which they can conduct business, automate transactions, and gain visibility into each other's supply chain networks for mutual benefits. Partners gain an improved experience where they feel known and wanted by their suppliers, while suppliers get to know their customers and partners better to increase effectiveness, retention, and promote cross-sell opportunities.
"Visibility into multiple tiers of trading partners enables demand and supply coordination, seamless operations, and streamlined activities for improved customer relations and lowered risk," added Mr. Blyzinskyj.
Elemica's Supply Chain Operating Network is designed to give clients greater control over their global supply chains. Capturing transaction data, across all trading partners, and translating it into actionable information is key to driving value out of the supply chain. By combining powerful SmartLink business process applications with a robust QuickLink Network, Elemica solutions improve operational efficiency, lower costs, and decrease working capital. Founded in 2000, Elemica today processes nearly $200B in annual transactions across more than 5,000 process industry trading partners. Elemica's global operations are headquartered outside Philadelphia and include offices in Amsterdam, Atlanta, Frankfurt, London, Seoul, Singapore, and Tokyo. Clients include BASF, BP, Continental, The Dow Chemical Company, DuPont, The Goodyear Tire & Rubber Company, LANXESS, Michelin, Rhodia, Shell, Sumitomo Chemical, and Yokohama. For more information, visit www.elemica.com.
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