As an industry that generates trillions of dollars in sales and employs millions globally, the chemical industry is ubiquitous when it comes to products and technology. Adapting to the ever-increasing competition, ever-evolving regulatory environment, and ever-changing customer needs has become an obvious challenge for any chemical enterprise. No matter how established a chemical company is, a well-organized inventory tracking system is irreplaceable for its success.A leading player in the global chemical industry that has operations in 36 countries and produces 6 varieties of chemicals recently transformed its inventory tracking operations into a digital monitoring system to keep up. Let us have a look at their transformation story.
Chemical supply chains stand at the crossroads of another upgrade; on one end there are traditional methods that pose challenges and on the other you have compelling technology solutions. Discover the significant challenges that lack of real-time visibility brings and how your organization can cope with them better.