ELEMICA
Rich Katz , Chief Executive Officer ( CEO ) of Elemica , has been working at Elemica for 16 years , having started as Senior VP Product Management before becoming Chief Technology Officer and ultimately moving onto his current role as President in 2018 . Katz reflects on his firm ’ s digital transformation strategy and discusses the benefits that it provides to not only Elemica , but to its customers too .
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How important is procurement and supply chain transformation to Elemica ? Digital transformation is fundamental to Elemica and our customers . We facilitate their digital transformation within the supply chain by automating business processes from end-to-end , helping businesses to gain efficiencies within their procurement , production , transportation , manufacturing , and other business operations . By removing paper-based business processes , our customers can balance inventory , working capital , and customer service levels while improving the Total Cost of Ownership ( TCO ). Automating processes helps to reduce errors , improve compliance , lower admin time , reduce expedited freight costs , and much more .
With digital transformation of the supply chain vital , in what ways does Elemica incorporate its platform ? Our platform has been implemented by major process manufacturers , and we have thousands of suppliers and logistics service providers that connect to it . Our platform helps businesses accelerate their digital transformation . The network digitises
OCTOBER 2019