Elemica wikipedia. Elemica Company Profile 2022-11-16
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Elemica is a digital supply chain platform that helps companies in the chemical, energy, and related industries optimize and automate their business processes. It was founded in 2000 by David Gustin, who saw an opportunity to use the internet to streamline the complex and fragmented supply chain processes in the chemical industry.
Elemica offers a range of supply chain management solutions, including sourcing, procurement, logistics, and finance. The platform connects buyers and sellers, allowing them to communicate and collaborate in real-time, and provides a range of tools and analytics to help companies make informed decisions about their supply chain.
One of the key benefits of Elemica is its ability to integrate with a company's existing systems and processes. This enables companies to use the platform to manage their supply chain without having to overhaul their entire operations. Elemica also offers flexible pricing options, allowing companies to choose the level of service that best meets their needs.
In addition to its supply chain management solutions, Elemica also provides a range of services to help companies reduce their environmental impact. These include tools for managing energy and greenhouse gas emissions, as well as resources for sustainability reporting and compliance.
Elemica has a global presence, with offices in North America, Europe, and Asia. The company serves a range of industries, including chemicals, plastics, rubber, coatings, personal care, and food and beverage. It has over 600 customers, including many Fortune 500 companies, and has processed over $500 billion in annual transactions.
In conclusion, Elemica is a leading digital supply chain platform that helps companies optimize and automate their business processes. Its range of solutions and services, as well as its ability to integrate with existing systems, make it a valuable partner for companies looking to streamline their supply chain and improve their environmental performance.
Elemica
Scientific Journal of Logistics, 15 4 , 521-529. Introduction The rise of e-commerce and technological advancement in the economy and trade provides new opportunities for companies of the small, medium, and large sizes to use the benefits of electronic supply chains for more efficient operations. Elemica drives bottom line results by promoting reduced cost of operations, fasterprocess execution, automation of key business processes, removal of transactional barriers, and seamless information flow between trading partners. The Elemica Digital Supply Network platform enables manufacturing businesses to support their trading partners with a real-time information sharing environment to ensure supply chain excellence. Elemica continues to drive innovation in its digital supply network and supply chain applications to bring improvements in efficiency and productivity across the supply chains of our customers.
Elemica: driving digital transformation in supply chains
While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees. Elemica customers can discern which orders and products are impacted by location, what alternative shipping methods exist and the economic impact if orders are delayed. E-Commerce 2019: Business, technology and society. This innovative engine of optimization is turning the inherent chaos of global, multi-modal supply chains into a streamlined source of competitive advantage for companies around the world. What marketing activities do you implement to reach out to your potential customers? This does not necessarily mean that they are from outside the United States. As per the company, what is the significance of digital transformation in an organization? What does Risk Management mean to you, and how can Elemica assist? We continually strive to drive value for clients by bringing greater efficiencies to their organisations through improved collaboration and lower supply chain spend.
Elemica The Best Performing Supply Chain Management Company
This can happen when the supply chain is digitally transformed, providing greater visibility into what is happening across the enterprise. How did Elemica begin and what is the vision for the next few years? Compare how recession-proof Elemica is relative to the industry overall. The Elemica work culture drives innovation into its solutions by being obsessively attentive and agile to client and market needs. Elemica uses public relations, social media, a dynamic website, and targeted online and offline digital marketing activities to deliver account and role-based engaging content to potential clients. Moreover, the system allows for the automatic estimation of costs at any stage of cooperation. We are also working on incorporating more next-generation technologies into our solutions, such as artificial intelligence, IoT and machine learning. When categorizing Elemica as per its type of e-marketplace, one might apply several frameworks for classification.
Solid Technology Partner Today and in the future, Elemica supports clients as a solid technology partner. These methods and the execution of their processes are invisible to consumers but are driven by a focus on quality, i. The findings of the report might be used as a basis for making a decision as per using Elemica as a cloud-based supply chain in the future. With the importance of remaining agile and lean fundamental to the success of all companies in the supply chain space, the influence that new technology is having on firms is clear. Morton Salt uses Elemica Quality to reduce the cost and time associated with the production of customer-bound certificates.
Also, the number of business companies from different industries selling through the platform, as reported by the official website, reaches more than 150 thousand Amazon, 2020. Our innovations also connect to larger societal issues. These are the largest companies by revenue. The companies entering the community have an opportunity to engage in intercompany relations, build networks, increase transactions and business processes capacity, and improve procurement and operational efficiency. Elemica is committed to providing solutions and a platform that is easy, cost-effective, and enables quick connectivity. They include a continuously available large pool of potential buyers, more efficient procurement processes, resource-efficient automation of inventory, control, planning, storage, and logistics, as well as the opportunities of networking inside an industry-specific community.
Digital transformation helps companies achieve operational excellence and sets them apart from the competition. On the contrary, the vertical e-marketplace provided by Elemica is more industry-oriented, includes only the companies from the industry, and might provide a more favorable competition level for a middle-sized company. Post-implementation analysis of a B2B e-marketplace. The company transforms supply chains by replacing manual and complex approaches with efficient and reliable ones, enabling the process industries in driving 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. It functions as a community where inter-company relations are enforced, and business transactions are possible between any companies within the community.
Digital transformation is fundamental to Elemica and our customers. In what ways do you manage to continue to innovate and set the trends? The access to Elemica is obtained upon connection to the system, which is possible to be made by any company in the industry. Finally, many companies are seeking technology that helps increase revenue by connecting the longtail of the supply chain for complete visibility and greatest agility. Elemica continually enhances how its network captures customers, buyers, suppliers, and logistics providers data irrespective of the format it was transmitted. The companies and people profiled on Corporation Wiki are displayed for research purposes only and do not imply an endorsement from or for the profiled companies and people. Do you have any involvement in award programmes either internally or externally or both? This in turn has helped our customers digitize their supply chains. All these processes are rationalized and automated by Elemica, which saves much time and assets, which might be spent on business growth and competitive advantage creation.
Describe your company and its cutting-edge solutions which address all the needs of your customers. Different methods are employed to incorporate salt into our food or as part of processing it. In a bid to help companies achieve a full digital transformation, Elemica connects systems to automate supply chain transactions and facilitate collaboration among its network of trading partners. Elemica also participates in webinars, conferences, and industry trade shows. In some cases apparently high growth rates may be caused by data that weren't available in previous years.
