Dow Chemical wins award for MRO project with Elemica

Elemica, an industry-leading B2B supply chain execution network, announces that client The Dow Chemical Company has won the 2009 Progressive Manufacturing 100 Award (PM100) from Managing Automation Media. This is the second consecutive year that an Elemica client has won the prestigious PM100 for a project with Elemica. This is also the second consecutive year that Elemica has been named a PM100 Technology Partner.

The Dow Chemical Company won in the Supply Network Mastery discipline which recognizes companies that have improved the operations of their material procurement, production and execution aspects of their supply chains to achieve faster time to market, cost reductions and efficiencies, and higher customer satisfaction ratings. Dow automated the procurement of maintenance, repair and operations (MRO) supplies using Elemica's Procurement Solution, eliminating paper and manual processes, resulting in significant cost savings and operational efficiencies. Dow has migrated hundreds of key suppliers to Elemica to centralize and standardize their global purchasing operations. By standardizing transactions with hundreds of suppliers through Elemica, Dow has eliminated complexity in the Procurement process, and simplified their internal infrastructure. In making the transition from manual to automated procurement processes, Dow has gained a significant improvement in business process efficiency, data quality, and reduction in human error.

"The Dow Chemical Company has leveraged Elemica's 'Connect Once. Connect to All.' eCommerce platform to cut structural costs from the supply chain. Dow is most deserving of this prestigious recognition as a progressive company, and we congratulate them," said Mike McGuigan, CEO of Elemica. "This second PM100 Tech Partner Award for Elemica reaffirms us as an industry leader in reducing supply chain costs and simplifying procurement processes that mean real cost savings for our clients."

"This achievement would not have been possible if were not for the outstanding project management and implementation services provided by Elemica. An effort of this magnitude requires the utmost in technical and organizational competency; Elemica outperformed on each account," said Mark Farley, global procurement technology leader, The Dow Chemical Company.

"In the face of one of the worst economic downturns in history, these winning companies dramatically underscore how the manufacturing industry will not only get through this period but emerge in an even stronger position once a recovery takes hold," said David R. Brousell, editor-in-chief of Managing Automation Media. "The projects that enabled these companies to become PM100 winners reflect great creativity and inventiveness, a determined willingness to take risk, and an enduring resilience to continually improve every aspect of their business. These companies are leading the way to a better future for all industry."

Managing Automation selected the 2009 Progressive Manufacturing 100 winners based on the scope of mastery, business integration, and use of technology demonstrated within a specific project. Progressive Manufacturers must incorporate multiple levels of innovation into their business to be ranked among the PM100.