Elemica, RAILINC Form Rail Supply Chain Management Alliance

Technology leaders will introduce new rail logistics solutions for North American chemicals industry

20-Nov-2001

Wayne, Pa., and Cary, N.C. - November 2001- Elemica, a neutral network founded by 22 of the world's leading chemical companies to serve the global chemical industry, and RAILINC Corporation, the leading provider of information technology services to North American railroads, today announced an alliance which offers a unique, integrated solution for rail supply-chain management to the North American chemicals industry.

With the initial release in 4th quarter, 2001, this joint solution will provide chemical industry trading partners access to comprehensive, accurate and timely car and fleet location information. Subsequent offerings will be rapidly deployed and will include capabilities for transportation arrangement, operational support, transit history analysis, proactive alerts and other products designed to reduce supply chain costs. These integrated solutions will improve information usability and timeliness, driving better delivery performance and enhanced equipment utilization.

"Elemica and RAILINC are working together to bring transparency and real-time visibility to shippers and receivers throughout the chemical industry," said Todd Imhoff, Vice President, Elemica Supply Chain Solutions. "Through a hub-to-hub connection with RAILINC we will provide our members with the most comprehensive track and trace capability available in North America. Elemica will also be able to offer its members enhanced planning and execution capabilities, including Vendor Managed Inventory, and Collaborative Planning, Forecasting, and Replenishment. RAILINC will be a preferred source of North American rail tracking information for Elemica." Every offering developed by Elemica and RAILINC will be consistent with the commitment to Responsible CareÒ by both the rail industry and the chemical industry.

"Elemica will function as a preferred RAILINC sales channel to the North American chemical industry," said Paul Neville, RAILINC Vice President, Business Services "The speed, accuracy, and reliability of RAILINC's industry databases coupled with our powerful network provides Elemica with the data necessary to offer its members the most powerful rail monitoring solution available."

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