the leading for process manufacturing industries, announces that it has received the 2018 Frost & Sullivan Award for Best Practices in Product Leadership for its Digital Supply Network in the Process Industries. The global analyst firm announced the honor today.
Frost & Sullivan’s global team of analysts and consultants continuously research a wide range of markets across multiple sectors and geographies. As part of this ongoing research, the firm identifies companies that maintain consistently high standards for product or service quality and innovation, allowing them to form deep relationships with their customers. This involves extensive primary and secondary research across the entire value chain of specific products.
“Elemica is pleased to be recognized as the Product Leader in the Digital Supply Network for Process Industries by Frost & Sullivan,” said David Cahn, Global Marketing Director, Elemica. “This Award is a tribute to the many individuals across our company and all of our client organizations, who each make daily choices in selecting to use our innovative solutions. We enthusiastically acknowledge and celebrate these achievements.”
According to the report, Elemica renders unmatched customer value to its clients and thousands of network participants, thereby setting a high standard in the digital supply network for process industries. The company has secured a competitive edge by covering both procure-to-pay as well as order-to-cash and logistics processes throughout the supply chain.
“To win product leadership is never an easy task, and it is one made even more difficult considering today’s competitive intensity, customer volatility, and economic uncertainty. Not to mention the difficulty of innovating in an environment of escalating challenges to intellectual property,” said David Frigstad, Chairman, Frost & Sullivan. “Within this context, Elemica’s selection as recipient of this Award signifies an even greater accomplishment.”