Challenges for the chemical industry
Faced with a strategy of strong growth and a dramatic increase in the cost of raw materials, which represent 50 to 75% of your production costs, you must be able to:
- Reduce your production costs by optimizing use of your industrial capacity, to deal with price competition
- Reduce your production cycle times
- Decrease your inventories for which the costs and risks of obsolescence are high
- Centralize planning and improve information sharing within the company and with your suppliers and customers
- Quickly react to changes in the market