About Download Elemica
What Is Elemica?keywords:N/AN/ATotal Funding234Number of Employees$37.3MRevenue (est)N/AEmployee Growth %N/AValuationN/AAcceleratorElemica News2019-09-19 - Thoma Bravo Divests Elemica to EurazeoThoma Bravo, a leading private equity investment firm, announced today that is has completed its sale of Elemica, the leading cloud-based digital supply network, to Eurazeo, a global investment company headquartered in France. Financial details were not disclosed.“When we invested in Elemica i ...2016-07-07 - Thoma Bravo Completes Acquisition of ElemicaThoma Bravo, LLC, a leading private equity investment firm, and Elemica, the leading Supply Chain Operating Network for the process industries, announce the completion of their merger agreement. As new owners of Elemica, Thoma Bravo's software and technology expertise perfectly complements the s ...2016-06-07 - Thoma Bravo to Acquire ElemicaThoma Bravo, LLC, a leading private equity investment firm, and Elemica, the leading Supply Chain Operating Network for the process industries, have entered into a definitive agreement for the acquisition of Elemica. Financial details were not disclosed. This transaction will expand the capabili ...Other Companies in Wayne Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding#1Pathfinders$32.6M24720%N/A#2Evolve IP$38.5M247-11%$55.3M#3Bracket$50.7M252-23%N/A#4PharmaForce$77.8M26220%N/A#5TSIN/A27231%N/A
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With bigger ones. Finally, such a platform will help the company save significant assets on investments in less effective EDI systems and intercompany relations. With Elemica, the company will have both intercompany ties and efficient automated business processes in one digital place.Disadvantages of Shifting to Elemica in Comparison to the Currently Used SystemDespite the numerous benefits Elemica might provide for the company, there are some disadvantages. Indeed, a shift to a fully electronic cloud-based supply chain might produce a threat of “becoming dependent on this sales channel and neglecting the growth of the seller’s own online shop” (Kawa & Walesiak, 2019, p. 523). Also, in e-marketplaces that incorporate several companies of different sizes, changes to the sales and fees policy are frequently observed, as well as high costs of services that might impede the company’s budget (Kawa & Walesiak, 2019). A high level of industry-specific companies’ competition might hinder the middle-sized company’s competitive opportunities. Finally, when a company engages in public cooperation with its buyers, the competitors copy ideas, which might diminish the competitive advantage.Advantages of Shifting to Elemica in Comparison to General e-Commerce DatabasesUpon analyzing a general e-commerce database, several advantages of Elemica have been identified. Indeed, such horizontal e-marketplaces as Amazon Business provide a wide range of B2B selling and buying opportunities without concentrating on a single industry. In such a manner, it might be assumed that the quantity is prioritized over quality, which is not beneficial for the company in search of long-term reliable cooperation with business clients. Also, the number of business companies from different industries selling through the platform, as reported by the official website, reaches more than 150 thousand (Amazon, 2020). Such a large number of sellers might impose a significant competition for the middle-sized chemical firm, which might be harmful to the overall business operations. On the contrary, the vertical e-marketplace provided by Elemica is more industry-oriented, includes only the companies from the industry, and might provide a more favorable competition level for a middle-sized company. Thus, there are better opportunities for the company when it joins Elemica instead of a general e-marketplace like Amazon Business.Disadvantages of Shifting to Elemica in Comparison to General e-Commerce DatabasesHowever, it is relevant to consider some of the downsides of prioritizing industry-specific Elemica over general Amazon Business. By using the services of a more general e-marketplace like Amazon Business, a company might obtain a more significant scope of inter-industry connections and brand recognition on a bigger market. Since large multi-industrial platforms like Amazon Business operate globally and with multiple industries, it might be a good chance to enhance product promotion and improve channels of reaching buyers abroad (Amazon, 2020; Kawa & Walesiak, 2019). Also, Elemica’s limitedness to one industry restricts the company’s opportunities for broadening the scope of its operations for cooperating with other industries.ConclusionIn summation, the reviewed and analyzed e-commerce cloud-based marketplace has its benefits and potential disadvantages for the middle-sized chemical company. On the one hand, there are several disadvantages of shifting to Elemica, namely,
