Trecora Resources
Trecora subsidiary South Hampton Resources

Trecora turns to Odyssey Logistics to optimize supply chain

Feb. 25, 2020
Petrochemical manufacturer to utilize data analytics, reporting to create transparency, performance enhancements

Specialty petrochemical products manufacturer Trecora Resources recently signed a multi-year service agreement with Odyssey Logistics & Technology.

Trecora, whose products include hydrocarbons and waxes, initially forged a supply chain consulting agreement with Odyssey to evaluate logistics costs in ISO tank shipments, liquid bulk truck and rail operations. The agreement provided benchmarking data on Trecora’s operations, distribution network and infrastructure, and offered key metrics such as total spend, vendor costs and productivity performance.

“Our supply chain engineers spent two months aligning with Trecora on its efforts to achieve continuous process improvements and cost savings,” said Bob Shellman, president and CEO of Odyssey. “Through our technology and efficiency roadmap, Trecora will utilize a full suite of data analytics and reporting tools to create cost transparency and performance enhancements.”

Patrick D Quarles, president, CEO and director at Trecora, said his company turned to Odyssey to help protect the quality of its products and integrity of its supply chain, both “critically important” to its customers.

Together with Odyssey, we aim to maintain our performance profile at a lower cost by seamlessly integrating Odyssey’s technologies into our business without disruptions to service,” Quarles said. “We look forward to continuing our work together with Odyssey to drive further improvements and long-term value for Trecora, our customers and shareholders.”

Trecora said it plans to leverage Odyssey’s Managed Logistics Services to optimize all aspects of its transportation management strategy and execution, including its supplier network and supply chain engineers, to help drive cost savings, shipment visibility, insightful data reporting, continuous improvements and sustainability developments.

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Commercial Vehicle Staff | staff