EXTON, PA--(Marketwired - Aug 14, 2014) - Elemica, the leading Supply Chain Operating Network provider for the process industries, announces that the Top 5 chemical companies on Gartner's "2014 Supply Chain Top 25: Chemical" rankings are Elemica clients and utilize their B2B network to conduct commerce and automate business processes. Based on Return on Assets, Inventory Turns, and Revenue Growth, DuPont, BASF, Syngenta, Dow Chemical and Bayer are named as the best chemical supply chains. Using Elemica's Supply Chain Operating Network platform, these top performers improve supply chain efficiencies, grow profits, and optimize inventory levels.
"I want to congratulate DuPont, BASF, Syngenta, Dow and Bayer for their top placement on this prestigious list of companies," said John Blyzinskyj, CEO of Elemica. "All of them are long-term Elemica customers, using our solutions to automate numerous business processes across their many business units and trading partners. We're delighted to see their breakthrough supply chain performance paying dividends."
According to the "2014 Gartner Supply Chain Top 25: Chemical" rankings, companies are placing a strategic emphasis on their supply chain performance to increase profit margins and improve working capital productivity. Per the report, "This has driven the need to support increased supply chain performance, with capabilities such as visibility and collaboration, and analytics like cost-to-serve for more targeted approaches to decisions and performance management." Elemica's supply chain operating network promotes collaboration across a critical mass of trading partners who utilize the network's 'come as you are' flexibility to conduct commerce. Companies gain visibility into their supply chain processes, delivering value across the network.
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 approximately $300B in annual transactions across more than 7,000 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, Shell, Solvay, Sumitomo Chemical, and Wacker. For more information, visit www.elemica.com.