Evonik + Shippeo: A blueprint for for Digitizing Global Supply Chains

Leading the Way in Specialty Chemicals

Evonik, a global leader in specialty chemicals, operates in over 100 countries, generating sales of €15.3 billion and an adjusted EBITDA of €1.65 billion in 2023. Known for creating innovative, profitable, and sustainable solutions, Evonik has embarked on an ambitious journey to digitize its global supply chains.

A Partnership for Global Visibility

Evonik and Shippeo began their collaboration by launching the first Global Ocean Tracking and China Mainland Tracking projects to enhance visibility across Evonik's supply chains. This marked the starting point of a larger initiative to transform operations globally, addressing complex logistics challenges with cutting-edge real-time visibility technology.

Today, Evonik manages over half a million transport orders annually across road, rail, air, and ocean freight, working with a network of 400 carriers globally.  Evonik's partnership with Shippeo aims to set new standards for supply chain transparency and efficiency.

Innovative Solutions for a Complex Global Supply Chain

Evonik’s partnership with Shippeo has delivered a comprehensive set of solutions that streamline logistics operations while enhancing transparency, efficiency, and customer satisfaction:

• Improved Customer Satisfaction: Proactive, real-time delivery updates allow customers to adjust their operations seamlessly, minimizing disruptions. This B2B approach mirrors the B2C “Amazon effect,” where real-time tracking enhances reliability and trust.
• Digitalized Transport Processes: Shippeo’s platform automates and optimizes transport management with features like real-time tracking, automated ETA updates, performance analytics, and exception alerts. It also simplifies carrier onboarding and harmonizes data for maximum efficiency.
• Reduced Freight Costs: By optimizing transport planning and reducing delays, Evonik has significantly lowered freight costs while improving operational efficiency.
• Optimized Cash Flow and Buffer Stocks: Improved lead time visibility and efficient planning have reduced buffer stock levels, freeing up €0.5–€1 million annually and increasing liquidity.
• Shorter Transport Lead Times and Better Planning: Continuous analysis of real transportation lead times enables Evonik to anticipate seasonal fluctuations and reduce buffer stocks, improving supply chain agility and inventory control.
• Reduced CO₂ Emissions: Accurate CO₂ tracking for over 400 carriers replaces the previous inefficient manual processes. Shippeo’s solution enables precise Scope 3 emission calculations, supporting sustainability goals and facilitating corporate reporting.
• Minimized Disruptions: Real-time updates and exception management help avoid customer-side production halts or stockouts, ensuring consistent delivery capabilities and safeguarding production timelines.

A Transformative Milestone

By leveraging advanced real-time visibility, Evonik has established itself as a leader in supply chain innovation, showcasing how digital transformation can drive efficiency, sustainability, and customer satisfaction on a global scale.

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