Chemical manufacturers have weathered a tumultuous landscape in recent years: navigating the complexities of a global pandemic; adapting to regulatory shifts; responding to geopolitical tensions such as the conflict in Ukraine; facing transportation issues; and contending with shortages in raw materials, just to name a few.
The industry holds a key position in today’s economy, driving progress across a wide range of areas like healthcare, agriculture, energy, and technology, and its significance only highlights the critical need to maximise efficiency in chemical production, a feat contingent upon the resilience and effectiveness of supply chains.
So how does the industry minimise risk while maximising efficiency? Achieving this requires a multi-level approach, based on knowing and understanding the challenges ahead, committing to enhancing visibility, and striving for continuous improvement of all aspects of the supply chain and beyond.