Leveraging Supply Chain for strategic advantage in the Chemical Industry
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The Chemical Industry is going through a period of significant change, driven by many factors:
- access to feedstock,
- falling oil price and consequently falling prices for commodities,
- globalization of supplier and customer base,
- rapid commoditization of products, and
- increasingly complex customer requirements.
The ability to respond to the challenges posed by this changing environment is critical to long term success. For many companies, an agile and sustainable logistics capability is a vital factor - yet logistics has tended to be viewed as a “necessary evil”, and as such has not been established as a boardroom topic.