Product News: Software
Business Process Software delivers supply chain visibility.
Press Release Summary:
May 15, 2014 - Part of SmartLink suite of solutions, Business Process Control Tower offers consolidated view of transactional data across business partners for visibility and insight into supply chain activities. Program eliminates noise of data overload so supply chain leaders can filter out unnecessary information and view analytics that matter. With software, companies can track KPIs for scorecards, manage by exception, save time with metrics-driven decision-making, and pinpoint areas for improvement.
Original Press Release
Elemica Introduces New Supply Chain Process Control Tower
Press release date: May 7, 2014
Clean, Actionable Information Delivers Value With Supply Chain Visibility, Metrics, and Analytics
EXTON, PA – Elemica, the leading Supply Chain Operating Network provider for the process industries, announces their new Business Process Control Tower application, the latest integral component within the company’s next generation SmartLink suite of solutions. Control Tower offers a consolidated view of transactional data across business partners for greater visibility and deeper insights into supply chain activities. Today’s market reality demands companies equip themselves to make better decisions faster in order to compete effectively, and many see data as fundamental to their ability to execute. The promise of a big data panacea, along with general data overload, can overwhelm a company’s ability to glean actionable information efficiently. Elemica’s new Process Control Tower brings order from the chaos, eliminating the “noise” of data overload so supply chain leaders are able to filter out unnecessary information and view analytics that really matter.
“While Big Data is growing in popularity, manufacturers in the process industry need significant data for their supply chain analytics,” said Gary Neights, Director of Product Management at Elemica. “The new Business Process Control Tower transforms and filters multiple data sources into information and decision support, improving supply chain performance and the bottom line. Rather than sifting through countless data sets, this ‘Lean Data’ approach starts with questions relevant to your business and finds ways to answer them using the right data sources. That’s the beauty of the Control Tower – you have the right information in front of you to make the right decisions faster for your business.”
Elemica’s new Business Process Control Tower consolidates transactional data across supply chain business partners, from suppliers to carriers to customers. This includes order, invoice, payment, and delivery information, into a single, unified view of enterprise-wide information. Typically supply chain information from trading partners comes in a variety of formats and forms, from Excel spreadsheets, EDI messaging, emails, XML messages, and more, that are difficult to quickly interpret. With Elemica’s new Control Tower, users gain cross-company visibility of descriptive data in a clean, simple, easy-to-understand view.
Elemica’s Business Process Control Tower provides a simplified snapshot of what is going on across all trading partners, yet allows users to drill down to put meaning behind the numbers. The Control Tower enables companies to:
- Define and track key performance indicators for scorecards
- Understand complex information easily with a straight-forward, simple, unified view
- Manage by exception
- Aggregate data for centralized insight into the enterprise
- Save time and lower costs with metrics-driven decision-making
- Understand business patterns and trends to pinpoint areas for improvement
- Access relevant data to synchronize supply chain strategies
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 $250B in annual transactions across more than 6,500 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 www.elemica.com.
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