Wayne, PA– June 23, 2017 – For the 4th consecutive year, Elemica, the leading Supply Chain Operating Network for the process industries, announces winning the prestigious SDCE 100 Award from Supply & Demand Chain Executive magazine. The SDCE 100 is an annual list of 100 great supply chain projects. Elemica was chosen for automating the procure-to-pay business process for a large, global tire and rubber enterprise. This program drove increased productivity, improved operational efficiencies, and much greater transparency into inbound supply. Incorporating logistics partners and signals, Elemica’s Supplier Management solution increased visibility throughout the operation, leading to supply chain excellence and value for the organization.
“We are pleased to be chosen once again for the SDCE 100 Award for our program that has delivered 7-digit savings for our client,” said Rich Katz, Chief Technical Officer, Elemica. “The supply chain performance of our clients in today’s volatile environment is a competitive strength, facilitated by our robust solutions and the Elemica Supply Chain Operating Network.”
“Our goal with 2017’s Top 100 is to shine the spotlight on successful and innovative transformation projects that deliver bottom-line value to small, medium and large enterprises across the supply chain,” says Ronnie Garrett, editor of Supply & Demand Chain Executive. “The selected projects can serve as a roadmap for supply chain executives looking for new opportunities to drive improvement in their own operations. We congratulate all of our winners for a job well done!”
Elemica automated the procure-to-pay process, along with ocean tendering and container visibility to provide a complete inbound supply chain picture. The linking of suppliers, carriers, and third-party logistics providers delivered end-to-end visibility across order and shipment milestones.
Elemica’s client also implemented more robust replenishment processes, including vendor-managed inventory, to increase visibility and drive down working capital costs. Elemica is currently incorporating disruption management into the program, which will add “big data” feeds into the Elemica Network to drive additional visibility and savings for clients. Through these holistic supply chain programs, clients are experiencing unprecedented visibility, reduced working capital costs, increased service levels, improved partner relationships and communication, and reduced administrative effort for all partners involved.
The SDCE 100 projects can serve as a map for supply chain executives who are looking for new opportunities to drive improvement in their own operations. These projects show how supply chain solution and service providers help their customers and clients achieve supply chain excellence and prepare their supply chains for success. The SDCE 100 will appear in the June 2017 print issue of the magazine and online at http://www.sdcexec.com/.
About Supply & Demand Chain Executive
Supply & Demand Chain Executive is the executive's user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. Visit us on the web at http://www.sdcexec.com/.
Elemica is the leading Supply Chain Operating Network for the process industries. Elemica transforms supply chains by replacing manual and complex approaches with efficient and reliable ones. Launched in 2000, customers like BASF, BP, Continental, The Dow Chemical Company, DuPont, The Goodyear Tire & Rubber Company, LANXESS, Michelin, Shell, Solvay, Sumitomo Chemical, Wacker and more process nearly $400B in commerce value annually on the network. Elemica drives bottom line results by promoting reduced cost of operations, faster process execution, automation of key business processes, removal of transactional barriers, and seamless information flow between trading partners. For more information, visit www.elemica.com.