The digitization process within TeraPlast involves building an integrated ecosystem of digital solutions, which takes into account the specifics of TeraPlast’s operations and needs, and which concentrates several digital solutions leading to data interoperability, say the company’s officials.
„The adoption of digital solutions is part of our objective to streamline response times and eliminate the probability of mistakes in the context of a high volume of work. The size of TeraPlast Group is constantly growing, we are the largest polymer processor in South-Eastern Europe, and the logistical needs must be adapted to the new realities. The implemented solutions have taken into account the dynamics, diversity and complexity of commercial processes, they are customized to the industry in which we operate,” says Ovidiu Gurau, commercial director of TeraPlast Bistrita.
The company operates 7 own warehouses and an over 350-wholesaler network and, together with the sales team, manages an over 2,000-client portfolio.
„We will continue to expand the digital solutions to be prepared and remain competitive as we now transition into the new era of Industry 4.0,” adds Ovidiu Gurau.
The latest project in this regard focuses on analysis and bidding. To optimize the process, a program was implemented that allows both a quick analysis of the demand, relating the requested price to the recorded costs, and access to the history of the sale prices for the products in question. The software structure is designed and customized by the TeraPlast team and was successfully made and implemented by Cicada Technologies from Cluj.
Over the next period, TeraPlast intends to assess and find solutions for the development and implementation of logistics software, the completion of the B2B trading platform, as well as the continuation of the development of WMS applications so that the warehouse teams can perform necessary operations as easily and faster as possible, without mistakes.
TeraPlast Group is the largest polymer processor in Central and South-Eastern Europe. The group is composed of the following companies: TeraPlast, TeraGlass, TeraPlast Recycling, TeraBio Pack and Somplast.
Since July 2, 2008, TeraPlast SA is listed on the Bucharest Stock Exchange under the symbol TRP.
The company’s shares are included in the BET reference index of the Bucharest Stock Exchange, in the Small Cap and Global All Cap indices of FTSE Russell, in the MSCI Frontier IMI (Investable Market Index) indices and in the CECE MidCap and ROTX EUR indices of the Vienna Stock Exchange.
The company’s capitalization stands at RON1.08 billion.
(English version by Catalina Apostoiu)