The UBD Life Details Competitive Advantages of Conducting Commerce on Elemica’s Patented Supply Chain Operating Network
Wayne, PA – March 10, 2016 – Elemica, the leading Supply Chain Operating Network for the process industries, announces their latest web series titled The UBD Life. The on-demand videos discuss a key technological innovation embedded in Elemica’s patented business network – The Universal Business Document (UBD) – making it a superior platform for B2B collaboration and commerce. The UBD gives customers flexibility and complete visibility through their supply chain by improving message translation, fostering reliable inter-enterprise communication and speeding up partner on-boarding. The informal, classroom-style presentations detail how Elemica’s “Come As You Are” Network enables companies of any size in any industry to conduct business with any buyer, supplier or logistics provider.
“Our next-gen business network was built from the ground up to provide a much better way for companies to conduct commerce with each other,” said Ed Rusch, Vice President of Marketing at Elemica. “Using the concept of a Universal Business Document, our patented approach allows enterprises to communicate across the near infinite variety of business processes and technological capabilities found among their trading partners. This is a tremendous competitive advantage in the supply chain world.”
Arun Samuga, Vice President of Research and Development at Elemica, hosts the web series:
Part One: Introduction – Discusses the fundamentals of business processes and how each business “speaks” a different language – a language that involves different “words” that can mean one thing in one company and something else in another company.
Part Two: Businesses and Languages – Discusses how companies want to increase their value by buying, selling or facilitating trade, but must overcome different languages, cultures, government regulations, and more that can affect the orchestration of business processes.
Part Three: Order Management – Discusses how order management relates to a Universal Business Process. Breaking down the order management process into a sequence of business signals eases communication and facilitates commerce.
Part Four: The Universal Business Document – Discusses in detail the UBD and how it represents the varied and unique business signals found within each process. With a UBD, some of these business signals can then be reused in different processes, such as Shipping Notices, which are used in order management, vendor managed inventory and logistics.
The web series also captures and presents the collaborative exchange of ideas between Arun and his students on how the UBD enables companies to overcome tough process orchestration challenges. Topics discussed in the Q&A sessions include differentiation between networks, benefits to companies both big and small, configuration and master data requirements, support for mergers and acquisitions, compounding the value of their network, and achieving a critical mass.
The UBD Life can be viewed here.
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.