Evonik's Enhanced Risk Analysis and Improved Planning with IoT

• Functional Applications - Transportation Management Systems (TMS)
• Sensors - Utility Meters

• Chemicals
• Transportation

• Logistics & Transportation
• Warehouse & Inventory Management

• Traffic Monitoring
• Transportation Simulation

• System Integration

Evonik Industries AG, a leading specialty chemicals company, has a critical need for risk management due to the nature of its operations. The company's services unit, Evonik Technology & Infrastructure GmbH, is responsible for managing site operations, utilities, waste, technical services, and logistics. The Logistics department manages the complete supply chain, including the receipt of raw material, warehousing, and the shipping of finished products. In 2015 alone, the company transported 5,531,000 tons of hazardous goods by air, sea, rail, or road. The company has its own transport risk analysis system, but it needed a more comprehensive solution to ensure the safety of all parties and supply chains involved. The transportation of hazardous goods needs to be well planned and monitored to minimize the impact of disturbances such as traffic jams or accidents on route. To keep risks under control, Evonik needed a full picture of the status of goods in transit and the ability to intervene with the best alternative solution if necessary.

Evonik Industries AG is one of the world’s leading specialty chemicals companies. The company's services unit, Evonik Technology & Infrastructure GmbH, is responsible for managing site operations, utilities, waste, technical services, and logistics. The Logistics department manages the complete supply chain, including the receipt of raw material, warehousing, and the shipping of finished products. In 2015 alone, the company transported 5,531,000 tons of hazardous goods by air, sea, rail, or road. The company is committed to the Responsible Care Initiative for the global chemistry industry and aspires to continuously improve and ensure the safety of all parties and supply chains involved.

Evonik adopted Everstream Analytics, a cloud-based supply chain risk management platform, to improve transparency and responsiveness in its logistics processes. The solution complements the organization’s existing tools by supporting the evaluation of different transportation options and optimizing current risk monitoring procedures. It provides a way to visualize and evaluate vulnerabilities at every point in the supply chain, along with 24/7 near real-time monitoring of relevant incidents. The system assesses more than 35 different risk categories, from operational risks like customs delays to climate-related factors like blizzards and other severe weather events. Evonik has integrated all its relevant supply chain data into the Everstream Analytics platform. Using aggregated data from an extensive database of historical incidents, Everstream generates heat maps and visualizes the incident density and severity to highlight risk hotspots. Incident Monitoring also gives near real-time notifications should accidents, delays, strikes, or other disruptions arise.

• With Everstream, Evonik can plan the safe transportation of hazardous goods more efficiently. The risk-related heat mapping supports Evonik’s existing transportation risk analysis processes, allowing the company to focus more of its attention on the route segments that present the greatest risks. This saves time, reduces costs, and improves the effectiveness of transportation planning. It also helps Evonik take a proactive approach –identifying potential disruptions before they affect shipments and briefing drivers to avoid them, triggering mitigation measures accordingly. If a situation on the ground changes, the Incident Monitoring functionality acts as an early warning system. This enables Evonik to react quickly and to evaluate whether the planned route still meets security standards. And, where changes need to be made, the software allows them to be developed and implemented more efficiently, leading to the optimal solution for each individual shipment.

• Evonik transported 5,531,000 tons of hazardous goods safely in 2015.
• The Everstream Analytics platform assesses more than 35 different risk categories.
• Everstream Analytics provides 24/7 near real-time monitoring of relevant incidents.