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Bayer AG, Degussa automate supply chain activity through Elemica
WAYNE, Pennsylvania (November 20, 2002) -- Elemica, a transaction hub for buyers and sellers of chemicals and related products, says it has executed the first electronic transactions for Bayer AG and Degussa with a leading global tire manufacturing customer.
Elemica says its Connected and Supply Chain Solutions enable members to achieve reductions in the manual processes and potential errors associated with order processing, while facilitating "work-in-process" inventory reductions. Chemical industry members are using Elemica to trade among themselves and well as with members of other industries, as in the case of Bayer AG and Degussa, through Elemica's links to similar hubs in related fields.
"The tire industry is a key market for our business unit," said Thomas Ruppersberg, Director e-Business and SCM at Degussa AG Advanced Fillers & Pigments. "The hub-to-hub connection enables us now to interact electronically with these global customers, a big step forward to generate mutual benefit from supply chain collaboration and integration." Udo Lindemann, Global eBusiness Project, Bayer Rubber Business Group, agrees. "Elemica´s hub-to-hub relationship now enables Bayer to link our supply chain with the supply chains of multiple customers in the tire and rubber industry through one industry connection." From the chemical buyer's perspective, the ability to execute and ensure the touchless conversion of confirmed and forecasted demand into orders leveraging Elemica's Connected and Supply Chain Solutions gives purchasers access to a more complete set of business processes, including automated order confirmations, ship notices and invoices. Elemica did not identify the tire company involved, or the industry hub it is using to complete the Bayer AG and Degussa connections. Elemica (www.elemica.com) is a global information network built to facilitate the order processing and supply chain management of contract and repeat chemical transactions. The company offers an integrated suite of products that enables buyers and sellers of chemicals to streamline their business processes and collaborate to achieve substantial savings. Central to Elemica's product suite is the Elemica Connected Solution, which equips companies worldwide to build and expand Enterprise Resource Planning (ERP) connectivity via a single electronic connection to Elemica's secure global network. With the Connected Solution as the core, Elemica has developed a full suite of standard Hosted Supply Chain Solutions. Bayer Polymers was formed by merging the company's existing plastics, polyurethanes, rubber and coatings and colorants businesses with Bayer Faser GmbH. The new Bayer subsidiary is one of the world's biggest polymer companies, with more than 100 sites globally. Degussa is a multinational corporation in the specialty chemistry business and Germany's third-largest chemical company. e-epoxy.com celebrates two years in business MIDLAND, Michigan (January 29, 2002) -- e-epoxy.com, a no-frills sales channel for epoxy products started by Dow Chemical, celebrated the second anniversary of its launch today. HAHT announces demand chain management softwareRALEIGH, North Carolina (January 29, 2003) -- HAHT Commerce has announced general availability of HAHT Commerce Suite 7.1 with three new bundling options for chemical, consumer products and discrete manufacturers. 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