Elemica, the Supply Chain Operating Network for the process industries, congratulates client, The Dow Chemical Company, for winning the Overall Breakthrough of the Year category in the Power of the Profession Awards from SCM World.
These annual awards identify, recognize and enable collective learning from the most impactful and innovative supply chain initiatives. Winners were chosen by a panel of the top supply chain minds from leading companies and academic institutions around the world, such as BASF, Merck, Nestlé and Nike.
"The Dow Chemical Company has been using the Elemica Supply Chain Operating Network and solutions for years, helping the company to save working capital, better manage inventory, and gain end-to-end visibility," said Pat Faloona, Senior Vice President of Sales for North America. "We want to congratulate the company on this exceptional award and for the strides they have taken to drive innovation within their supply chain."
Early in the 2000s, Dow moved existing trading partner connectivity from its mainframe EDI processing to Elemica's network, then added Elemica's fax and email order automation solutions. Using Elemica's procurement solutions, Dow replaced paper-based processes with streamlined automation, resulting in significant error reduction, improved productivity, and lowered processing costs. Dow AgroScience is also using the Elemica network to create a supplier collaboration program with their raw material and packaging vendors. The result is increased visibility with suppliers, improved forecasting and greater communication, including advanced shipment notification that improves customer service.
The Dow Chemical Company utilizes many of Elemica's solutions to maximize the value in their supply chain including Sales Order Management, Vendor Managed Invoices, Terminal & Warehouse Visibility, Purchase Order Management, and QuickLink Email among others.
SCM World's Power of the Profession Awards are uniquely designed to identify best-of-breed. There are two categories: Supply Chain Breakthrough and Talent Breakthrough. The Dow Chemical won in the Supply Chain Breakthrough category, given for a transformative supply chain initiative that has improved customer experiences, impacted business performance or given the business a new competitive edge. The winners were announced at an awards dinner during the SCM World Live Americas event in Miami, on February 9th, 2016. SCM World is the cross-industry learning community powered by the world's most influential supply chain practitioners.