WAYNE, PA — (Marketwired) — 02/26/15 — the leading provider for the process industries, announces being named a Finalist in the Digital Innovation category for the Enterprise Awards sponsored by the Greater Philadelphia Alliance for Capital and Technologies. The Digital Innovation Award of Excellence recognizes a technology leader or group within a company who has implemented technology in a unique or innovative way that has transformed business processes, products, and/or services that drove a fundamental change on how value is created within their company. Elemica–s recognition as a finalist is due in part to its patented Supply Chain Operating Network platform which enables clients to evolve their supply chains away from a reliance on antiquated EDI systems into next-generation business networks that include value-rich technologies synchronizing business processes, capturing demand signals and mitigating supply risk.
“Being selected a finalist in these prestigious awards corroborates that Elemica–s supply chain operating network delivers lasting value and competitive advantages for businesses participating on the network,” said Keith Schneck, CFO of Elemica. “Companies conduct more efficient commerce, develop deeper trading partner relationships, achieve forward-looking flexibility, collaborate more meaningfully, gain predictive insights into market opportunities or disruptions, and more through Elemica.”
Nominees for the Digital Innovation award must demonstrate success in applying and/or integrating new or next-generation technology in a unique or innovative application, which can include an invention or early adoption of next-generation technology either for internal utilization or commercial application.
Elemica–s next-generation QuickLink Network is built with state-of-the-art technologies that deliver efficiencies across the end-to-end supply chains of companies conducting commerce on the network. It allows a critical mass of trading partners to transact business with greater visibility and control, allowing companies to collectively sense and properly respond to supply and demand changes, leading to greater profitability. QuickLink–s innovative capabilities is validated by being awarded two US patents recently — both for a “Method and Apparatus for Translation of Business Messages” that relates to how messages are translated from one format to another using Universal Business Concepts, significantly reducing the time and simplifying the process of on-boarding supply chain trading partners.
The 22nd annual Enterprise Award winners will be selected at a black tie gala on Thursday, May 14, 2015 at the PA Convention Center in Philadelphia.
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 with a robust , Elemica solutions improve operational efficiency, lower costs, and decrease working capital. Founded in 2000, Elemica today processes approximately $350B in annual transactions across more than 7,500 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 .
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