BASF and Syngenta Receive Top Honor for Innovation & Excellence in Their High Performing Supply Chains
FRANKFURT, GERMANY AND EXTON, PA – October 8, 2013 – Elemica, the leading Supply Chain Operating Network provider for the process industries, congratulates clients BASF and Syngenta for being named to the 2013 Gartner Supply Chain EU Top 25 list. BASF has been on the list for three consecutive years, but joined the ranks of the top five for the first time with revenue growth of 13.3 percent. Syngenta is ranked number eleven on the list with revenue growth of 8.9 percent and a return on assets of 9.2 percent. Elemica has been instrumental in helping these global organizations with improvements across their global supply chain operating networks which results in increased efficiencies, working capital performance, customer service levels, and bottom line results.
“Elemica congratulates our customers, BASF and Syngenta, for being named to the prestigious Gartner Top 25 Supply Chain Europe list,” says Sergio Juarez, Senior Vice-President, Europe and Latin America, Elemica. “These rankings highlight best practices in supply chain visibility, collaboration, and automation to meet the growing needs of more outside-in supply chain organizations. Elemica is pleased that we have been instrumental in helping these businesses innovate their supply chains to respond quickly and efficiently to opportunities arising from the market or customer demand.”
BASF, the German-based chemical giant, improved their Gartner Global Supply Chain Top 25 ranking, and broached the top five for European based companies, by strengthening financial performance and its overall composite score. BASF has a complex global value network where outputs of one process are used as primary materials in another, causing complex operations. To support this, BASF has transformed its global supply chain by harmonizing key processes, such as order-to-cash, procure-to-pay, and transportation management and planning, all provided by Elemica’s customer, procurement, and logistics management solutions. At BASF, Elemica connects trading partners to directly exchange ordering, invoicing, and logistics data via standardized processes that result in streamlined operations, reductions in transaction costs, shortened response times, and improved customer service.
Syngenta is a Swiss chemical and agriculture leader that is undergoing a comprehensive transformation from selling only seeds and crop protection to becoming a full-service provider in the agricultural industry. This involves embedding productivity and sustainability goals into its strategy of growing more from less, and deploying a new product and supply strategy with a three-year cycle. Syngenta continues to concentrate on supply chain innovation, utilizing Elemica’s supply chain operating network to handle B2B transactions between trading partners. Elemica’s QuickLink Network is a scalable, maintainable, complete end-to-end collaborative hub that conducts and automates business transactions with downstream distributors. Elemica’s Customer Management suite of products utilizes advanced exception-based alerting and automated order management capabilities to identify and eliminate errors and proactively notify customers and partners regarding interruptions. By utilizing Elemica, Syngenta streamlines order-to-cash processes and automates the exchange of financial and inventory information, which means doing more with less, lowering the cost to serve, and improving the experience of their trading partners.
The 2013 EU Supply Chain 25 leaders are selected based on financial performance and peer opinion. Gartner welcomes supply chain professionals to register to vote for the 2014 Supply Chain Top 25. To register, visit www.gartner.com/supplychaintop25.
Elemica delivers state-of-the-art supply chain solutions in the areas of customer, supplier, sourcing, and logistics management. Elemica drives bottom line business results by promoting reduced cost of operations, faster process execution, automation of key business processes, removal of transactional barriers, and seamless information flow between business partners. Elemica was founded in 2000 and today connects more than 6,500 companies across multiple industries, processing approximately $230 billion in annual transactions. Elemica’s global operations are headquartered outside Philadelphia and include offices in Amsterdam, Atlanta, Frankfurt, London, Seoul, Shanghai, Singapore and Tokyo. Clients include BASF, BP, Continental, The Dow Chemical Company, DuPont, The Goodyear Tire & Rubber Company, LANXESS, Michelin, Rhodia, Shell, Sumitomo Chemical, and Yokohama. For more information, visit www.elemica.com.