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Elemica Cited as Notable Performer in AMR Research Report on Vendor-Managed Inventory

 
 

Leadership Position in SaaS Delivers Quicker Speed to Value

EXTON, Pa., Dec. 15 /PRNewswire/ -- Elemica, the industry-leading B2B supply chain execution network, recently received accolades in a report from AMR Research, "The Resurgence of Vendor-Managed Inventory: A Landscape," because of their leadership position in process industries like chemicals and tire & rubber. The report highlights Elemica as a "notable performer from a customer reference standpoint and acknowledged by its references as having strong industry capability and excellent support."

Industry Analyst David Aquino, the report's author, mentions, "We are now in an era where effective vendor-managed inventory approaches may be necessary for survival."

"With companies focused on finding working capital and eliminating excess inventory, this has created an upsurge in the need for exceptional VMI processes," said Mike McGuigan, CEO of Elemica. "Elemica's VMI solution offers visibility to critical information and inventory controls, and our customers benefit from streamlined processes and optimized inventory levels."

In the report, 11 primary vendor-managed inventory (VMI) providers were analyzed, including over 25 customer references and cases, to classify industry trends and priorities relating to collaborative planning and execution. Elemica is one of a few Software-as-a-Service (SaaS) providers of VMI solutions, which increases the speed to value, eliminates risks, and lowers costs of maintenance and usage. According to the report: "The continuing acceptance of Software-as-a-Service as a viable delivery model with appropriate security and scalability makes a compelling case for organizations that are daunted by the prospect of substantially redesigning well-entrenched internal supply chain planning (SCP) systems or want to dip their toes into returning to a VMI relationship."

The report continues, "There is value in being able to establish quick partner connections through the Elemica Connected Solution Network (e.g., ERP to ERP) and an ongoing commitment to solving chemical industry priorities, such as in the Agricultural Chemical business, contending with multi-stage distribution networks."

A major oil and gas company says, "During more than seven years of experience with Elemica and more than five years with Elemica's VMI solution, we have had a very good experience with the supplier and the tool. The service support and response to request for customized solutions and implementations is excellent."

Access to the report can be found at: http://www.elemica.com/News-Events/Press-Releases-and-News/page.aspx?cid=202.

About Elemica

Elemica was founded by 22 leading global corporations to deliver best-in-class integration of supply chain trade partners for seamless execution of business processes such as order-to-invoice, procure-to-pay, and logistics booking. Elemica unites global trade partners and provides a true framework of 'Connect Once. Connect To All.' By automating key business processes, removing transactional and communication barriers, and integrating the information flow between business partners, Elemica's clients benefit from reduced cost of operations and faster process execution with fewer resources.

From order entry to invoice processing for logistics, planning, and purchasing, the Elemica network improves productivity, decreases errors, and increases customer and business partner satisfaction. Elemica has connected more than 2500 companies across multiple industries and processes over $60 billion in annual transactions. Clients include BASF, Continental, Dow, DuPont, Goodyear, LANXESS, Michelin, Rhodia and Shell. For more information, visit http://www.elemica.com.

SOURCE Elemica

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