SOURCE: Elemica

Elemica

November 12, 2013 07:10 ET

Elemica's Supply Chain Operating Network Gains Momentum With 25% Growth in 2013

Organic Growth, Rapid On-Boarding Campaign Capabilities, and Easy Partner Discovery Create Evolution of Dynamic Network

EXTON, PA--(Marketwired - Nov 12, 2013) - Elemica, the leading Supply Chain Operating Network provider for the process industries, announces that their QuickLink Network has grown 25 percent in 2013, processing nearly $230 billion in transactions on an annualized basis. Along with organic growth, this tremendous gain in momentum can be attributed to Elemica's new Supply Chain Operating Network with rapid on-boarding capabilities and easy partner discovery.

"The material value of commerce running through our applications and on our network is fast approaching a quarter of a trillion dollars," said John Blyzinskyj, CEO at Elemica. "As our network grows, so does the value it delivers to our clients. Thousands of companies collaborating seamlessly form more flexible and friction-free relationships, enabling them to leverage their collective activities to achieve greater operational efficiency, reduced working capital requirements, and improved customer satisfaction. Ultimately, real business innovation between trading partners is achieved as a result of conducting commerce on Elemica's Supply Chain Operating Network."

As Adrian Gonzalez, President of Adelante SCM and a leading supply chain analyst, writes in The Social Side of Supply Chain Management published in Supply Chain Management Review magazine, "...supply chain operating networks bring together trading partner connectivity with SaaS applications. Instead of companies creating hundreds or thousands of one-to-one connections with their trading partners, they make a single connection to the business network, where their trading partners and thousands of other companies are also connected. In addition, they use the SaaS applications that reside on the network to communicate, collaborate, and execute business processes in more efficient, scalable, and innovative ways."

Elemica's Supply Chain Operating Network gives people total control over their extended global supply chains through integrated messaging, applications, and analytics across a network of their trading partners. Once connected, trading partners gain the ability to coordinate, communicate, and conduct commerce with each other in more automated and significantly scalable ways. Distributing business processes and sharing critical information helps companies differentiate themselves in the market, accelerate their productivity, and create meaningful cost savings.

A Supply Chain Operating Network facilitates the exchange of documents and information, such as invoices, advanced shipping notices, status updates, and more, while participants execute specific activities such as tracking the location of shipments, confirming receipt of purchase orders, etc. This network-wide visibility, along with business intelligence and analytics capabilities, creates an inter-enterprise system of record that enables faster and smarter business decisions.

Trading partner networks with a critical mass yield dramatic results for participants whether automating a fulfillment, procurement, or logistics process. Elemica automated the on-boarding process for their supply chain operating network with the launch of their entirely new QuickLink Network platform in May, 2013. This has resulted in lowering barriers to implement while improving cash flow for connected companies.

About Elemica

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 $230B in annual transactions across more than 6,500 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.

Contact Information

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