Degussa Starts Fully-Automated Order Processing via Elemica

26-Sep-2001

Degussa AG of Dusseldorf, Germany, linked up to the chemical industry's e-marketplace Elemica, the first corporation in the sector to enable complete order processing via the Elemica network. This step provides Degussa the opportunity to conduct business more efficiently, and will similarly benefit the whole of the corporation by enabling optimization and automation of such order-related and supply chain processes as placing an order and invoicing.

Degussa started up Elemica-facilitated order processing by linking processes between its Business Units Methacrylates and C4-Chemistry in a pilot project. By enabling automatic order processing 24 hours a day, seven days a week, Elemica reduces process costs and enhances efficiency and speed. Degussa will use the Elemica network to streamline order handling and transaction processing and exchange delivery data and invoices between buyer and seller, thus creating complete cross-process transparency. This integrative e-commerce application delivers cost benefits for all participants and enables fundamental improvement in logistics and commercial processes.

Due to the successful realization of the Elemica pilot project, the e-commerce application is now to be swiftly extended to other Degussa Business Units and external business partners. Such units include Bleaching & Water Chemicals and Fine Chemicals, which both wish to optimize sale processes involving further external users of the Elemica network.

The transaction marketplace Elemica was founded in August 2000. Involving such investors as BASF, Bayer, Dow, DSM, Ciba Specialty Chemicals, etc. in addition to Degussa, it serves as a platform for optimizing the order processing related to contract-based business within the chemical industry. A global network for automatic order processing is to be built up by linking Elemica to marketplaces from other segments of industry.

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