WAYNE, Pa., Oct. 04, 2017 (GLOBE NEWSWIRE) -- Elemica, the leading Business Network for the process industries, and DHL Resilience360, a leading cloud-based supply chain risk management platform, have partnered to build a new solution providing unprecedented insight into risk events and their impact on increasingly complex supply chains.
“Complex global supply chains need to know where potential risks lie that may affect their bottom line and disrupt the success of their businesses,” said Rich Katz, Chief Technology Officer, Elemica. “With Elemica’s business network providing end-to-end visibility, combined with insights from the DHL Resilience360, companies are better able to understand their vulnerabilities and can put into place actions that will allow them to continue operations thereby mitigating their risk and exposure.”
Early notice of disruptive events saves days of assessment in implementing mitigation strategies, providing customers a substantial competitive advantage in the speed and cost required to tactically address these incidents. Elemica’s Risk Solution will apply DHL Resilience360’s comprehensive Risk Management capability, correlating incidents with the customer’s network assets, orders and shipments to detect and understand the impact of disruptive events.
“Businesses are increasingly asking for solutions enabling them to mitigate potential supply chain failures before they even occur. Our predictive risk detection software Resilience360 provides this transparency and allows them to address risks in a more efficient and timely manner, ensuring a competitive advantage,” says Tobias Larsson, Head of Resilience360, DHL Customer Solutions & Innovation. “Our partnership with Elemica brings together the full global workforce on both sides, creating supply chain intelligence combined with Elemica’s existing visibility of customer data. This represents a significant advantage as businesses are able to leverage our joint expertise for proactive continuity planning. This is a good example of how digitalization can benefit end-to-end supply chain operations in ensuring resilience and therefore increasing competitive abilities.”
Supply chain trading partners connect across Elemica’s business network to automate and enhance business processes, and gain visibility into any potential disruptions impacting their customers, plants, 3PLs, and supply. DHL Resilience360 tracks multiple categories of risk events across the globe. The addition of DHL Resillience360 partnership with Elemica provides new layers of insight for Elemica customers, allowing them to discern which orders and products are impacted by location, what alternative shipping methods exist and the economic impact if orders are delayed.
About Elemica
Elemica is the leading Business Network for the process industries. Elemica transforms supply chains by replacing manual and complex approaches with efficient and reliable ones. Launched in 2000, customers like BASF, BP, Continental, The Dow Chemical Company, DuPont, The Goodyear Tire & Rubber Company, LANXESS, Michelin, Shell, Solvay, Sumitomo Chemical, Wacker and more process nearly $400B in commerce value annually on the network. Elemica drives bottom line results by promoting reduced cost of operations, faster process execution, automation of key business processes, removal of transactional barriers, and seamless information flow between trading partners. For more information, visit www.elemica.com.
About DHL
DHL – The logistics company for the world
DHL is the leading global brand in the logistics industry. Our DHL family of divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 350,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, energy, automotive and retail, a proven commitment to corporate responsibility and an unrivalled presence in developing markets, DHL is decisively positioned as “The logistics company for the world”.
DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 57 billion euros in 2016.
About DHL Resilience360
DHL Resilience360 is an innovative, cloud-based platform that helps companies to visualize, track and protect their business operations. The solution facilitates intuitive supply chain visualization, tracks shipments and ETAs across different transport modes and enables near real-time monitoring of incidents capable of disrupting supply chains. DHL Resilience360 easily integrates with business systems and helps companies keep track of risk in combination with their business performance indicators. It enables companies to better ensure business continuity, building risk profiles based on over 30 risk databases, and identifying critical hotspots using heat-maps to mitigate risks and to turn potential disruptions into a competitive advantage.
Deutsche Post DHL Group
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