Process Chemical Supply Chain Planning: Finding the Perfect Formula

Description

For process chemical companies facing rising customer expectations, global competition and increasing costs for ingredients and labor, an effective supply chain planning process is critical to maintaining both service levels and top-line results. For process chemical companies in a world of rising customer expectations, global competition and increasing costs for ingredients and labor, an effective supply chain is critical to both service levels and top-line results. However, supply chain teams that rely on a jumble of spreadsheets, enterprise resource planning (ERP) systems, and antiquated supply chain applications risk failure. Keeping data in many different places and systems limits visibility and creates silos where planners, schedulers, operations managers and business leaders interact with different information and develop different plans to manage the supply chain.

A scalable and integrated supply chain planning platform is necessary to ensure the team has an accurate view of supply chain issues and can respond to events and market opportunities. Key requirements include the ability to:

  1. Create accurate demand forecasts by ingredient, formula, location, customer, group and/or product
  2. Develop optimized multi-plant schedules that consider a variety of capacity constraints
  3. Optimize multi-mode shipments to control costs and meet customer requirements
  4. Optimize the deployment of inventory across channels and distribution echelons to reduce inventory and lost tonnage
  5. Conduct multi-scenario analysis to ensure a robust integrated business planning process leading to an optimal strategy
  6. Develop optimal enterprise-wide plans to effectively manage a complex supply chain
  7. Provide visual metrics and advanced analytics for a comprehensive and integrated view of supply chain performance

Read this white paper and gain a better understanding of how planners, schedulers, operations managers and business leaders can leverage advanced supply chain planning technology to have visual metrics and advanced analytics for a comprehensive and integrated view of supply chain performance; accurate demand forecasts by ingredient, formula, location, customer, group, and/or product; and much more.

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