Air Liquide Deploys Digital Transformation and Revolutionizes Bulk Gases Supply Chain Worldwide
November 05 2020 - 3:15AM
Dow Jones News
Regulatory News:
Air Liquide (Paris:AI) is deploying at a global scale its bulk
gases supply chain digitalization program, IBO (Integrated Bulk
Operations). Digital technology and the associated massive
collection of data from production plants to the clients' sites
enable the improvement of operational performance and in particular
a reduction in the carbon footprint, in line with the Group's
Climate Objectives. The deployment of IBO in its Industrial
Merchant business line will further accelerate Air Liquide's
digital transformation for an always better customer
experience.
Delivering gases in liquid form by truck is at the core of Air
Liquide's integrated model. The IBO (Integrated Bulk Operations)
program was created in 2017 with the objective of optimizing the
bulk supply chain from end to end. Five key pilot projects were
launched in several geographies: Canada, U.S., France, Germany and
China. They were supported by Air Liquide R&D, Digital and IT
teams, which worked in collaboration to develop and industrialize
tailor made digital solutions.
By digitally connecting assets throughout the supply chain, from
production plants and trucks to tanks at customer sites, Air
Liquide collects and analyses data to deliver always better
customer experience, higher operational performance and lower
carbon footprint through:
-- Predictive analysis of the customer demand based on his consumption
pattern and product inventory
-- Product sourcing optimization based on production costs and plant
location
-- Truck trip optimization to minimize transport costs and carbon footprint
-- Real time customer information of the delivery
Air Liquide's bulk activity represents 27% of the Industrial
Merchant (IM) revenues(1) . It serves customers for example in Food
& Beverage, Electronics or Glass & Metals markets with
liquid gases from the Group production sites. It also supplies
internally the filling centers which will then serve customers with
gases in cylinders.
Matthieu Giard, Vice President and Executive Committee Member of
Air Liquide Group, supervising the Industrial Merchant business
line, said: "Industrial Merchant is at the same time, the Air
Liquide historical core business and a business that changes fast
leveraging data and digital. The deployment of our bulk gases
supply chain digitalization program IBO, on a global scale, is a
new and significant step in the Air Liquide customer-centric
transformation. Customers will now benefit from a service that
guarantees greater safety and reliability, in the context of an
approach that also helps to reduce the overall carbon footprint.
"
A world leader in gases, technologies and services for Industry
and Health, Air Liquide is present in 80 countries with
approximately 67,000 employees and serves more than 3.7 million
customers and patients. Oxygen, nitrogen and hydrogen are essential
small molecules for life, matter and energy. They embody Air
Liquide's scientific territory and have been at the core of the
company's activities since its creation in 1902.
Air Liquide's ambition is to be a leader in its industry,
deliver long term performance and contribute to sustainability. The
company's customer-centric transformation strategy aims at
profitable, regular and responsible growth over the long term. It
relies on operational excellence, selective investments, open
innovation and a network organization implemented by the Group
worldwide. Through the commitment and inventiveness of its people,
Air Liquide leverages energy and environment transition, changes in
healthcare and digitization, and delivers greater value to all its
stakeholders.
Air Liquide's revenue amounted to 22 billion euros in 2019 and
its solutions that protect life and the environment represented
more than 40% of sales. Air Liquide is listed on the Euronext Paris
stock exchange (compartment A) and belongs to the CAC 40, EURO
STOXX 50 and FTSE4Good indexes.
(1) As a percentage of the Industrial Merchant sales in 2019
www.airliquide.com
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View source version on businesswire.com:
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CONTACT: Corporate Communications
media@airliquide.com
Investor Relations
IRTeam@airliquide.com
SOURCE: Air Liquide
Copyright Business Wire 2020
(END) Dow Jones Newswires
November 05, 2020 03:00 ET (08:00 GMT)
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