and lower supply chain spend .
As part of continued innovation , Elemica participates in leading industry trends and forums , listens to customers , and follows social and business market trends that drive our product roadmaps across vertical industries and geographical markets .
If you had to look at the supply chain industry overall , what do you feel
“We continually strive to drive value for clients by bringing greater efficiencies to their organisations through improved collaboration and lower supply chain spend ”
— Rich Katz , CEO , Elemica the big drivers in transformation are at the moment ? In today ’ s competitive world , businesses undergo a digital transformation of their supply chains to sense , respond and act more effectively with the ultimate driver to improve efficiencies , bottom-line profits and customer satisfaction .
Companies join Elemica ’ s Digital Supply Network ( DSN ) because it captures event and transaction data across the entire supply chain . This creates a critical mass of real-time business information that allows partners to collectively sense and react properly to supply and demand changes and risks in the market . Participants gain a comprehensive picture of business performance both inside and outside their four walls , which allows them to generate strategic and actionable insights from their supply chain network , leading to more mutually beneficial relationships and a clear competitive edge .
Companies also want to eliminate silos within their own four-walls to enable interoperability and integration between other departments ’ systems using open APIs , which makes the integration easier and more cost-effective .
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