EXTON, PA--(Marketwired - Nov 10, 2014) - Elemica, the leading Supply Chain Operating Network provider for the process industries, announces winning the 2014 Green Supply Chain Award from Supply & Demand Chain Executive magazine for the 6th consecutive year. Elemica was chosen for its work with a top five global chemical company, where it automates all inbound and outbound invoices processed with the company's business partners. Eliminating paper-driven processes saves trees, lessens greenhouse gas emissions, and lowers water and energy usage.
"Elemica is committed to helping companies implement 'green' best practices," said John Blyzinskyj, CEO of Elemica. "Our Supply Chain Operating Network ecosystem is a highly capable and differentiated platform that enables our clients to drive aggressive sustainability goals and achieve meaningful results. I congratulate the Elemica team for successfully implementing this client project and for winning this prestigious award once again."
"Our readers are implementing sustainable initiatives within their business processes -- and they want to know that other leading companies in supply chain are also with them in the same approach," said Barry Hochfelder, Editor of Supply & Demand Chain Executive. "Our goal is to honor those companies in our annual awards and credit them with the recognition they deserve. Taking that first step -- knowing where to start when initiating a 'green' plan in one's business -- it's not always the easiest thing to do. We honor this year's top recipients for recognizing that there is a need for supply chain sustainability processes and for contributing to this practice with their global, eco-friendly industry actions."
Elemica's winning solution helped improve further supply chain upstream processes, which enhanced the quality of invoice content. The company utilizes Elemica's Electronic Invoicing solution with EU compliant digital signatures to enable paperless invoicing with European clients. The solution was later rolled out on a global scale with all suppliers and logistics partners, eliminating even more on paper usage. The result is over one million invoices now being processed electronically on an annual basis. The solution also saves this information electronically allowing the client to remove paper based archiving and storage.
The 2014 Green Supply Chain Awards recognize companies making green or sustainability a core part of their supply chain strategy, and are working to achieve measurable sustainability goals within their own operations and/or supply chains, in the areas of Sourcing/Procurement, Fulfillment/Logistics, Operations, Product Lifecycle Management, and other areas of the supply chain. The awards also recognize providers of supply chain solutions and services assisting their customers in achieving measurable sustainability goals. Submissions were judged based on the clarity and content of the goals and strategy (30 percent), the extent of the steps being taken (30 percent), the impact of the results to date and projected results (30 percent), and the form and presentation of the information submitted (10 percent).
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 approximately $325B 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.
About Supply & Demand Chain Executive
Supply & Demand Chain Executive is the executive's user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. Visit us on the Web at www.SDCExec.com.
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