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Better Chemical Inventory and Asset Management

AB&R

Better Chemical Inventory and Asset Management By AB&R Efficient Inventory and Asset Management for the Chemical Industry The chemical industry produces many innovative and crucial products for different industries and markets, but inventory and asset tracking processes within the chemical business are still very old-school.

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Megatrends Shaping Supply Chain Innovation

The Logistics & Supply Chain Management Society

Megatrends Shaping Supply Chain Innovation. And what are the key industry trends and innovations? In E2open’s Supply Chain Innovation Report 2021 , 73% of respondents claimed their supply chain is either moderately, slightly, or not at all resilient. Supply chain mapping is key to ongoing innovation.

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HWI Unleashes Continuous Innovation

Logistics Viewpoints

They view their implementation of a tightly integrated suite of applications delivered in a public cloud infrastructure from Oracle as a platform on which they can build to help drive continuous innovation. Refractories are products that have been chemically engineered to resist high temperatures. HWI Has a Complex Supply Chain.

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A New Red Wagon?

Supply Chain Shaman

Last week, I spent time with large chemical companies engrossed in this discussion. ” There are now chartered groups to innovate the business models. Let’s take a look at the world of the chemical manufacturer. Acquisitions drove DOW Chemical’s wide swings. So much so, I scratch my head.

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Provoking the Industry to Move Past Incrementalism

Supply Chain Shaman

Instead of pushing innovation forward, I see companies using the term “digital” as a path for IT spending. When we study 600 public companies by peer group, at the intersection of inventory turns and operating margin, only 5% drive improvement. In this case, the metrics are operating margin and inventory turns.

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Steel: The Perfect Material for a Circular Economy, but with a Huge Decarbonization Challenge

DELMIA Quintiq

It can be made with many different characteristics, for example, different chemical compositions to increase strength, durability, etc. However, due to the reliance on largely manual processes such as legacy planning tools and systems, the industry has been struggling to keep up with the pace of innovation, let alone sustainability.

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Medicine's Inventory Nightmare

Elementum

However, many hospitals and medical institutions struggle to provide adequate care due to inventory issues resulting from a dependence on outdated and inefficient supply chain management systems. A Look into Inventory Management Systems There are several different methods of inventory management used by hospitals and medical practitioners.