Elemica Sponsors 2010 Indirect Spend Summit In China

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3rd March 2010, 05:04am - Views: 1170





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MEDIA RELEASE PR38537


Elemica Sponsors 2010 Indirect Spend Summit in China


EXTON, Pa. and SHANGHAI, Mar. 2 /PRNewswire-AsiaNet/ --



     Brian Selby, Elemica Sr. VP Asia, to Present “e-Sourcing Strategies”


    Elemica, the industry-leading B2B supply chain execution network, announces 

their sponsorship of the 2010 Indirect Spend Summit on March 17, 2010 in 

Shanghai, China.  Senior Vice President of Elemica Asia, Brian Selby, will 

present, “e-Sourcing Strategies for China,” which details best practices and 

success stories on strategic sourcing of indirect materials and services within 

the China market.  The conference targets procurement executives seeking ways 

to improve efficiency, gain visibility into service costs, and capture savings 

within the procurement process. 


    “The indirect spend area of procurement is growing strategically, 

particularly in the Asia region,” said Mike McGuigan, CEO of Elemica.  “To gain 

a competitive edge, companies need to partner with expert organizations who 

understand the complexity of procuring services, outsourcing, and supplier 

relationships.  Using Elemica’s robust procurement solutions and sourcing 

services, our clients acquire more value from their suppliers while reducing 

costs.” 


    The 2010 Indirect Spend Summit in China provides attendees with valuable 

case studies and best practices from leading procurement executives who 

overcame the challenges of procuring services. For more information on this 

one-day informative summit or to register, visit: 



    In addition, Elemica has developed a China Council which is an industry 

forum that meets on a quarterly basis to share best practices, discuss areas 

for potential collaboration and execute joint aggregation projects in major 

indirect spend categories such as logistics, marketing materials, and plant 

services.  Elemica is now opening Council membership to its major global 

chemical customers with significant operations in China.  The next meeting is 

scheduled for Tuesday, March 16, 2010.  For details, please contact Siew Kien 

Lim at sk.lim@elemica.com.


    About Elemica

    Elemica was founded by 22 leading global corporations to deliver 

best-in-class integration of supply chain trade partners for seamless execution 

of business processes such as order-to-invoice, procure-to-pay, and logistics 

booking.  Elemica unites global trade partners and provides a true framework of 

'Connect Once.  Connect To All.'   By automating key business processes, 

removing transactional and communication barriers, and integrating the 

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information flow between business partners, Elemica's clients benefit from 

reduced cost of operations and faster process execution with fewer resources.

 

    From order entry to invoice processing for logistics, planning, and 

purchasing, the Elemica network improves productivity, decreases errors, and 

increases customer and business partner satisfaction.  Elemica has connected 

more than 2500 companies across multiple industries and processes over $60 

billion in annual transactions. Clients include BASF, Continental, Dow, DuPont, 

Goodyear, LANXESS, Michelin, Rhodia and Shell.  For more information, visit 



     SOURCE:  Elemica


    CONTACT:  Becky Boyd, MediaFirst PR – Atlanta for Elemica,     

              +1-770-642-2080 ext. 214, 

              becky@mediafirst.net





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