Phonetic spelling of accenture Ac-cen-ture. These example sentences are selected automatically from various online news sources to reflect current usage of the word 'accentuate. Comments regarding accenture Post. Ensure that a microphone is installed and that microphone settings are configured correctly. Which is vs cognizant right way to say the number quinhentos in Portuguese? Need even more definitions? Its headquarters is located in Dublin, Ireland.
Chemical Suppliers Realize Financial Rewards of Digitization Efforts Elemica survey says digital transformation of the supply chain helps chemical companies and its suppliers collaboratively recognize substantial financial rewards, boosting profitability while improving customer service and satisfaction.
Gaining Supply Chain Visibility Saves Millions, while Improving Customer Satisfaction Monitor shipments from anywhere, identifying where they are, with access to data for shipments needing attention. Better Data-Driven Decisions Based on the Entire Value Chain Companies can execute complex sourcing beside supply chain visibility and collaboration efforts with contracted suppliers. Request More Information. Fill out the form below to request more information about Elemica.
More from Elemica. Brielle Jaekel. Register for the Blockchain 1 webinar today! Sign up now! Elemica IBM. To fully realize your ROI, your organization must continue to increase adoption across all spend categories. Mitigating Unexpected and Systematic Risk Supply chains are threatened every day from events related to natural disasters. These incidents are not a work of science fiction and the number of them that can negatively affect the supply chain are real and virtually limitless.
Professional Development. Amy Wunderlin. In response, other countries have threatened retaliation, such as the EU warning it would impose a 25 percent tariff on the American goods it imports. Visibility in the Demand-Driven Supply Chain For success, companies need to gain visibility into their complex network of customers, suppliers and logistics providers to collectively sense and properly respond to changes in supply and demand.
Our Company. About Elemica Connecting global business. Careers We build the best experiences. Leadership Meet the team. News The latest on Elemica. Partners See who's connected Working with Elemica How transformation happens. News Careers Contact Legal. Helping unite the global supply chain, one connection at a time. See how transformation works. Explore all connections. Learn More. One platform. Infinite possibilities. Schedule a meeting. Global Headquarters E.
The analysis is followed by evidence-based informed recommendations developed on the basis of advantages and disadvantages of the proposed e-marketplace as compared to the currently utilized supply chain strategy and alternative e-marketplaces.
The findings of the report might be used as a basis for making a decision as per using Elemica as a cloud-based supply chain in the future. Elemica is a cloud-based B2B e-marketplace designed specifically for the companies operating in the chemical industry. The consortium incorporates multiple companies of small, medium, and big sizes in a single digital marketplace, which provides business opportunities for suppliers and buyers.
It functions as a community where inter-company relations are enforced, and business transactions are possible between any companies within the community. When categorizing Elemica as per its type of e-marketplace, one might apply several frameworks for classification. It is owned by a single private firm, Thoma Bravo. As a privately owned e-marketplace, Elemica might be exposed to changeable fees and membership policies. Another classification approach necessitates considering its orientation on a particular group of members.
According to Akingbesote and Ogbeide , there are independent, buyer-oriented, and supplier-oriented e-marketplaces. In terms of orientation, either on buyers or sellers, Elemica is an independent B2B e-marketplace. Therefore, there is no bias in this e-marketplace for sellers and buyers.
The use of a vertical system allows for improved efficiency of operations, minimized supply chain costs, and procurement time. In terms of value creation, Elemica provides its participants with full procurement automation free of errors and participation in the sustainability program.
The companies entering the community have an opportunity to engage in intercompany relations, build networks, increase transactions and business processes capacity, and improve procurement and operational efficiency. They can save inventory costs and increase the rate of successful transactions. The access to Elemica is obtained upon connection to the system, which is possible to be made by any company in the industry.
Therefore, this e-marketplace incorporates industry-specific entities in search of intercompany relations and productive transactions. The platform provides connections with prospective cooperation sides for resource-efficient and reliable B2B transactions. At present, the company utilizes EDI, which is a type of cooperation between the computers of two companies.
In such a manner, the company engages in selling procedures with only one buyer at a time with much organizational, controlling, documenting, and logistic work done manually or through additional systems. However, new cloud-based e-commerce platforms like Elemica provide an opportunity for a more efficient B2B cooperation that allows for eliminating several concerns. All these processes are rationalized and automated by Elemica, which saves much time and assets, which might be spent on business growth and competitive advantage creation.
Moreover, the system allows for the automatic estimation of costs at any stage of cooperation. Therefore, several significant advantages serve as a basis for considering Elemica as a valuable e-marketplace with an opportunity to advance the business in an industry community. This B2B electronic consortium incorporates companies of all sizes from the chemical industry, which allows for middle-sized companies to obtain relevantly equalized chances to compete with bigger ones.
Finally, such a platform will help the company save significant assets on investments in less effective EDI systems and intercompany relations. With Elemica, the company will have both intercompany ties and efficient automated business processes in one digital place. Despite the numerous benefits Elemica might provide for the company, there are some disadvantages. Finally, when a company engages in public cooperation with its buyers, the competitors copy ideas, which might diminish the competitive advantage.
Upon analyzing a general e-commerce database, several advantages of Elemica have been identified. Indeed, such horizontal e-marketplaces as Amazon Business provide a wide range of B2B selling and buying opportunities without concentrating on a single industry. In such a manner, it might be assumed that the quantity is prioritized over quality, which is not beneficial for the company in search of long-term reliable cooperation with business clients.
Also, the number of business companies from different industries selling through the platform, as reported by the official website, reaches more than thousand Amazon, Such a large number of sellers might impose a significant competition for the middle-sized chemical firm, which might be harmful to the overall business operations.
On the contrary, the vertical e-marketplace provided by Elemica is more industry-oriented, includes only the companies from the industry, and might provide a more favorable competition level for a middle-sized company.
Thus, there are better opportunities for the company when it joins Elemica instead of a general e-marketplace like Amazon Business. However, it is relevant to consider some of the downsides of prioritizing industry-specific Elemica over general Amazon Business.
It also includes leading digital transformation which established Western Union as the global digital leader in cross-border consumer money transfer. I am fluent in English, Spanish and Portuguese. Adam joined Majesco as Chief Executive Officer in William R. Michael brings to E2open more than 20 years of sales, marketing and leadership experience in supply chain management and enterprise software. He also has held senior leadership roles at GATX Terminal Corp now Kinder Morgan , an operator of petroleum and chemical distribution terminals worldwide, and CSX Transportation, a rail transportation provider offering comprehensive supply chain services.
Michael holds an MBA with a concentration in international business from Jacksonville University and a Bachelor of Science degree in mechanical engineering from Fairleigh Dickinson University. Over the past 26 years, he has grown HTC to a global provider of Information Technology solutions, recording significant growth in revenue and market share with thousands of employees around the globe.
He ascribes his phenomenal growth to consistent adherence to the core values of Simplicity, Honesty, and Humility based on the principle of Truth. Ken Young is an accomplished executive with a time-tested record of successful business performance. As the President and Chief Executive Officer of Medecision, he blends insightful business acumen with strategic planning and leadership to drive change and organizational improvements for growth.
His expertise extends across diverse industries, including healthcare technology ERP and SaaS , life sciences, manufacturing and professional services. Elemica Competitors Zippia Score 4. Claim This Company. Elemica main competitors are ServiceNow, Vendavo, and E2open. Competitor Summary.
See how Elemica compares to its main competitors: ServiceNow has the most employees 15, The oldest company is Travelport, founded in Work At Elemica? Share Your Experience. Add Company.
However, new cloud-based e-commerce platforms like Elemica provide an opportunity for a more efficient B2B cooperation that allows for eliminating several concerns. All these processes are rationalized and automated by Elemica, which saves much time and assets, which might be spent on business growth and competitive advantage creation.
Moreover, the system allows for the automatic estimation of costs at any stage of cooperation. Therefore, several significant advantages serve as a basis for considering Elemica as a valuable e-marketplace with an opportunity to advance the business in an industry community. This B2B electronic consortium incorporates companies of all sizes from the chemical industry, which allows for middle-sized companies to obtain relevantly equalized chances to compete with bigger ones.
Finally, such a platform will help the company save significant assets on investments in less effective EDI systems and intercompany relations. With Elemica, the company will have both intercompany ties and efficient automated business processes in one digital place. Despite the numerous benefits Elemica might provide for the company, there are some disadvantages.
Finally, when a company engages in public cooperation with its buyers, the competitors copy ideas, which might diminish the competitive advantage. Upon analyzing a general e-commerce database, several advantages of Elemica have been identified. Indeed, such horizontal e-marketplaces as Amazon Business provide a wide range of B2B selling and buying opportunities without concentrating on a single industry.
In such a manner, it might be assumed that the quantity is prioritized over quality, which is not beneficial for the company in search of long-term reliable cooperation with business clients. Also, the number of business companies from different industries selling through the platform, as reported by the official website, reaches more than thousand Amazon, Such a large number of sellers might impose a significant competition for the middle-sized chemical firm, which might be harmful to the overall business operations.
On the contrary, the vertical e-marketplace provided by Elemica is more industry-oriented, includes only the companies from the industry, and might provide a more favorable competition level for a middle-sized company.
Thus, there are better opportunities for the company when it joins Elemica instead of a general e-marketplace like Amazon Business. However, it is relevant to consider some of the downsides of prioritizing industry-specific Elemica over general Amazon Business. By using the services of a more general e-marketplace like Amazon Business, a company might obtain a more significant scope of inter-industry connections and brand recognition on a bigger market. In summation, the reviewed and analyzed e-commerce cloud-based marketplace has its benefits and potential disadvantages for the middle-sized chemical company.
Also, e-marketplace might impose a high level of competition for a middle-sized firm and limitedness to one industry. However, the automation opportunities, business process automation, easy access to clients, and the ability to engage in effective networking and community integration serve as strong advantages. Thus, based on the presented advantages and threats, one might recommend the company to shift to Elemica due to the greater number of benefits acquired.
They include a continuously available large pool of potential buyers, more efficient procurement processes, resource-efficient automation of inventory, control, planning, storage, and logistics, as well as the opportunities of networking inside an industry-specific community. It is recommended that the company joins Elemica to facilitate its business growth in the field of e-commerce in the near future. Akingbesote, A. Distributed approach to cloud oriented e-marketplaces: A constructive review.
International Journal of Engineering and Computer Science, 7 10 , Reach millions of business customers [Data set]. E-marketplaces, online auctions and exchanges. Kawa, A. Marketplace as a key actor in E-commerce value networks. Scientific Journal of Logistics, 15 4 , Laudon, K. E-Commerce Business, technology and society. Pala, M. Post-implementation analysis of a B2B e-marketplace. Journal of Information Technology in Construction, 24, Need a custom Case Study sample written from scratch by professional specifically for you?
That ensures a transparent process free of errors and mismatches for you and us. Now you have completed your registration and are ready to get started. You can also create as many accounts as needed for your organization. For further information, please have a look at the collected links and documentations on the right side of the screen.
As supplier, you can look forward to a variety of benefits: End-to-end transparency allows you to access the latest PO changes at any time; sources of data entry errors and mismatches are eliminated: Information is updated within minutes; we and you see the same information worldwide and around the clock; no more need to sort through paper PO changes Better payment on time ; payment status is always transparent: Mismatches between PO and invoice are avoided; you can check the status of your invoices yourself similar to what some suppliers already do in World Account today Together, we lead the way to an industry solution : We are working to make this the industry standard for the chemical industry, so you and all our suppliers can use one portal to communicate with many customers This is what the purchase-to-pay process looks like when using VIP:.
And this is how the transition works: The onboarding process contains three steps: If you as a BASF supplier for direct procurement have a yearly PO count within or above double-digit range, we will contact you via e-mail and you will have the opportunity to inform yourself of the transition. Please note: Also suppliers who are currently already using a portal solution for electronic data exchange with BASF e.
WorldAccount, Crossgate ect. These various solutions are going to be replaced by VIP. A few weeks later, Elemica will send you a registration link and will guide you step by step through the registration on the portal. For an overview over the Elemica registration process, please have a look at the chart below. You can also find a preview of the surface and the major features of the portal by watching the following video.