Nouryon (Akzonobel) Customer Case Study

Nouryon, formerly AkzoNobel Specialty Chemicals, is a multi-product and multi-divisional global chemical company whose 2013 sales were Euro 14.590 billion. They ship a wide array of polymers, inorganic and organic chemical products from their 43 factories worldwide, with an annual container usage of 55,000+ TEU's on approx. 6,000 shipping lanes.

The Challenge

Disparate container volumes across various trade lanes with zero visibility into their spend
Inability to obtain on-demand and updated data needed to increase negotiation power with suppliers

Solution | Outcome

74% trade lanes with benchmarking rate data
Better visibility into the health of the historical and current market rates
Actionable target rates to drive negotiations
Savings potential identified during high market fluctuation period
Stayed on top of the market - Confirmation of good rate performance regardless of declining market