NOVA Chemicals Standardizes Business Processes To Drive Supply Chain Improvements
ARC Advisory Group recently interviewed the staff at NOVA Chemicals. The company produces plastics and chemicals, with a focus on ethylene, polyethylene, and Performance Styrenic polymers production. NOVA Chemicals and its subsidiaries and joint ventures have manufacturing sites strategically located throughout Canada and the United States.
In the past, NOVA Chemicals used MIMI, an older supply chain management (SCM) application from AspenTech to support plant planning and scheduling activities. However, over time, this became unwieldy, growing to have more than 25 unique models. With no standardization or integration, it proved costly and time consuming for both IT support people and end users to make needed modifications. However, as part of an ambitious Integrated Demand and Supply Planning (IDSP) project, NOVA Chemicals committed to a new, standard set of business processes across its polyethylene business, and the company was able to migrate to six standard aspenONE Supply Chain Management applications. The ultimate goal was to eliminate spreadsheets, increase the scheduling horizon, and improve visibility into raw materials.
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Source: ARC Advisory Group