Elemica Believes That Big Data, Analytics, and Social Collaboration Are Key to
Creating High Performance Supply Chains
Empower Trading Partners to Make Informed Decisions That Impact
EXTON, PA -- (Marketwired) -- 05/01/13 -- Elemica, the leading
provider of supply chain integration and optimization solutions,
announces that the keys to creating a high performance supply chain
include Big Data, Analytics, and Social Collaboration. Utilizing
these three capabilities provides companies with a real competitive
edge. By creating a collaborate environment of intelligent,
cross-enterprise decision-making, and a pervasive data-driven
culture, supply chain executives are able to make more informed
decisions that drive positive change in their businesses.
"In the supply chain world, Big Data really means capturing and
analyzing every piece of information from raw material procurement
through manufacturing, through the distribution channels to the end
customer," said John Blyzinskyj, CEO of Elemica. "This wealth of data
feeds analytics to create a comprehensive, interconnected picture of
business performance and fosters collaboration leading to high
operational efficiency. This allows our customers to significantly
reduce their working capital."
According to Lora Cecere of Supply Chain Insights, "The use of
cloud-based analytics offers quick time-to-value, industry
benchmarking and standardized onboarding." Analyzing the data
gathered from your trading partners' supply chains dramatically
improves the ability to respond faster and more efficiently to shifts
in their demand. Analytics also provides business specific insights
in identifying and mitigating issues. It not only provides a means to
act in the present based on the past but also provides a future
outlook, improving forecasts, trimming inventory, reducing
stock-outs, and optimizing logistics costs.
Drilling down into collected data from social networks gives
businesses the ability to:
-- Connect with business colleagues and external contacts
-- Create peer or special interest groups
-- Write and post a review of a supplier, customer or business partner
-- Rate or "Like" a supplier, customer, or business partner
-- Share documents and collaborate
-- Create discussion forums of
business related questions and topics
-- Search for new suppliers using various filters
-- Search for new customers using various filters
Elemica provides a supply chain operating network that automates
processes across procurement, order fulfillment, and logistics,
capturing data along the way, and analyzing trends and information
across product, demand, and supply networks. Today, the Elemica
QuickLink Network handles over 500,000 documents daily in real-time;
reliably and securely.
Elemica delivers state-of-the-art supply chain solutions in the areas
of customer, supplier, sourcing, and logistics management. Elemica
drives bottom line business results by promoting reduced cost of
operations, faster process execution, automation of key business
processes, removal of transactional barriers, and seamless
information flow between business partners. Elemica was founded in
2000 and today connects more than 5,000 companies across multiple
industries, processing over $150 billion in annual transactions.
Elemica's global operations are headquartered outside Philadelphia
and include offices in Amsterdam, Atlanta, Frankfurt, London, Seoul,
Shanghai, 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.
For More Information Contact:
(770) 642-2080 x 214
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