Transforming the GCC Chemical Industry with Supply Chain Integration – LogiSYM September 2020

The Logistics & Supply Chain Management Society

The GCC chemical industry is second largest manufacturing industry in value add, after refining. 2017 Facts and Figures report by Gulf Petrochemicals and Chemicals Association (GPCA), the chemical industry accounts for 3.1 Following COVID-19 the global chemical supply chain market reported a severe decline in output. Overcoming these challenges, regional chemical manufacturers and suppliers are now forced to rethink and readjust their global supply chain model.

4 Key Considerations for Choosing a Chemical Storage Facility

West Coast and California Logistics

Finding the right chemical storage facility for your products is an involved process. In this article, we’ll try to simplify the sourcing process and identify the top 4 factors you’ll need to consider when finding the right chemical 3PL partner. Public Warehousing Chemical Logistics Chemical Storage

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Process Chemicals – A Complex Supply Chain in Motion

Logility

On a recent road trip to retrieve my daughter from college I drove past a handful for chemical manufacturing plants of various types. Viewing a chemical manufacturing plant from a distance everything seems so peaceful and static.

Process Chemicals — A Complex Supply Chain in Motion

Logility

On a recent road trip to retrieve my daughter from college I drove past a handful for chemical manufacturing plants of various types. Viewing a chemical manufacturing plant from a distance everything seems so peaceful and static.

Global Chemical Company Uses PINC YMS to Cut $1.5 Million in Detention and Demurrage Fees

PINC

is a global chemical company that makes performance chemicals used by the oil refinery, agricultural, automotive, energy, and consumer electronics industries. The post Global Chemical Company Uses PINC YMS to Cut $1.5

Demand for Basic and Specialty Chemicals Continues to Grow

Material Handling and Logistics

Following growth throughout 2018, the chemical industry is expected to see continued healthy demand for basic chemicals throughout this year, with most specialty segments predicted to benefit from growing demand as well, especially in construction markets. based chemical manufacturing remains advantaged in global markets due to abundant energy and feedstock supplies. Total chemical production volume (excluding pharmaceuticals) rose by 3.1%

Upstream Unconventional Oil and the Chemicals Used in Drilling: A Supply Chain in Need of Improvement

Logistics Viewpoints

In producing oil, chemicals are injected into the ground to increase flow. The amount of chemical treatment is tied to the oil and gas production rates; treatments need to be adjusted as production rates vary. In many situations production treatment chemicals represent the second highest […]. Business Intelligence Chemical Industry Inventory Management Mobile Technologies Procurement/Sourcing Unconventional Oil includes shale oil and oil from tar sands.

Time to Rethink Sourcing Rare Earth Elements

Supply Chain Game Changer

Strategic National Stockpiles and Sourcing for the National Interest! These Rare Earth Elements have long ago been abandoned for mining and processing here in the United States and are part of our reliance on Chinese sources of supply. The US Geological Survey has conducted extensive chemical analysis of 23 sedimentary phosphate deposits (phosphorites) in the United States with the results demonstrating significantly enriched REEs in these ores. sourcing #rareearthelements.

A New Red Wagon?

Supply Chain Shaman

Last week, I spent time with large chemical companies engrossed in this discussion. Let’s take a look at the world of the chemical manufacturer. Acquisitions drove DOW Chemical’s wide swings. The chemical company’s performance today is largely based on financial engineering. Orbit Chart of Dow Chemical and BASF for the Period of 2006-2016 and Performance Data for the Chemical Industry. I grew up in the mountains of West Virginia.

How Chemical Freight 3PLs Source Bulk Tanker Trailers and Other Equipment

Bulk Connection

In the world of bulk liquid shipping, there can sometimes be a gap between what a shipper needs and what a carrier ultimately delivers.

Will the Downturn Signal an Upturn?

Supply Chain Shaman

They wanted to know, “ How was the market affecting the chemical supply chain?” DuPont as a chemical supplier to the market sits four-to-five levels back in the supply chain with extreme demand latency (about six months) and high volatility of the true market demand signal due to the bullwhip effect. Volatility. Demand redefined. Economic markets plummeting… D aily we see the financial charts roll across the news.

Corporate Risk and the Growing Case for Sustainable Chemical Management

UL EHS- Sustainability

With more than 70,000 chemicals currently in common use – and 1,000 new chemicals coming into use every year – maintaining and managing their effective, appropriate and responsible use is a challenging task. Cost, process, regulatory and safety issues converge to making chemical management a critical, complex and cumbersome activity. But by implementing a range of measures on site and across businesses, the risks associated with chemical use can be eliminated.

Parts Are Not Parts

Supply Chain Shaman

A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Let’s take a closer look at sourcing.

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Strategic National Stockpiles and Sourcing for the National Interest!

Supply Chain Game Changer

Trump’s action with 3M raises questions for any country about what their Strategic Stockpiles should be and whether future sourcing decisions and actions should be based on parochial nationalistic needs or magnanimous global needs. Sourcing mapping for existing and potential suppliers.

Chemical Manufacturing Waste Poisoned Students At A School in Changzhou, China: What If This Happened In Your Supply Chain

EcoVadis

It is possible to achieve effective pollution control by setting up appropriate environmental policies and targets; investigating and identifying the risk levels and impacts from operations; implementing suitable and prompt measures to reduce the environmental impacts from business operation at the source; continuously monitoring and assessing critical control points; and regularly reviewing the whole management system for improvements. Background.

Arkieva Customer Spotlight: AkzoNobel Strengthens Position as The Leading Global Supplier in Coil Coatings

Arkieva

Headquartered in Amsterdam, the Netherlands, Arkieva customer AkzoNobel is a leading global paints, coatings and specialty chemicals manufacturing company. Source: AkzoNobel. Chemicals Customer Spotlight AkzoNobel Chemical Industry Supply Chain SoftwareEarlier this month, AkzoNobel announced the acquisition of BASF’s global industrial coatings. This acquisition further strengthens the company’s position as the global number one supplier of coil coatings.

Supply Chain Operating Networks Create Supply Chain Rockstars

Talking Logistics

In a study conducted by Accenture in 2015 of chemical companies, results showed that 94 percent expect to boost their investment in digital capabilities in the next three years to embrace a competitive advantage. Historically, chemical companies buy from and sell to nearly every industry in the world, adding special demands for connectivity.

Ten Best Retailers at Handling Dangerous Chemicals

Material Handling & Logistics

retailers are leaders when it comes to efforts in removing toxic chemicals from consumer products, but two-thirds remain serious laggards. The report, Who’s Minding the Store? -- A Report Card on Retailer Actions to Eliminate Toxic Chemicals , also found that, over the past three years, at least a dozen retailers achieved significant reductions or elimination of dangerous chemicals in the products they carry, far ahead of any government-imposed restrictions. Source ID.

Innovation and the Role of TMS for Dangerous Goods

Transplace

Key Challenges for Chemical and Hazmat Companies. However, for chemical and hazmat companies, this challenge is compounded by the need to comply with a myriad of domestic and international regulations and exacerbated by unique equipment configuration requirements. Chemical manufacturing depends on raw materials that are subject to environmental, political and economic influences. What challenges are you currently seeing in the chemical and hazmat industry?

Global Sourcing and Human Rights Go Hand in Hand

NC State SCRC

Low-cost country (LCC) sourcing is now a commonplace strategy for shrinking bottom line labor and material costs in most consumer products industries, including apparel, footwear, toys, and other manufactured products. The on-going tariffs levied by the Trump administration in 2018 against China has also made this option significantly more expensive for sourcing. Dow Chemical, for example, considers environmental concerns a critical feature of its policies and procedures.3

What Is the COVID-19 Impact on Your Supply Chain? We Surveyed the Transplace Network.

Transplace

Cutting costs and looking for alternative supply sources were also prioritized along with making new budget revisions to adapt to the changes in the global supply chain. Business - Transportation Miscellaneous 3PL automotive business priorities chemical coronavirus COVID-19 CPG customer demand industrial inventory logistics manufacturing packaging retail shipping supply chain technology telecommunting transportationWhat Is the COVID-19 Impact on Your Supply Chain?

Supply Chain Management Challenges All Businesses Need to Understand

USC Consulting Group

Organizations that cultivate and maintain reliable yet malleable logistics channels can source the material needed to produce impactful products with minimal overhead and deliver these items swiftly to anticipative consumers. Intel, for instance, recently revealed that it was taking a second look at its supply chain operations in an effort to find more cost-effective sourcing and shipping strategies, per Bloomberg.

Digitized Procurement: Your Setting-off Point to Autonomy

Jaggaer

Sourcing automation. Sourcing Strategy Advisor. The new sourcing platform brings us the opportunity to connect data much better and generate new value-adding information for our internal business partners.” – Head of Regional Procurement, DPDHL. Department of Homeland Security (DHS) and the Drug Enforcement Agency (DEA), to a state-of-the-art digital chemical management solution that brought advanced automation into the process.

Re-thinking supply chain risk: Protection at any cost?

Supply Chain View from the Field

One of those risks involves “protecting production at any cost” This is often stated in the context of manufacturing, large chemical or oil production facilities, or any major turnaround project. Second, the ability of the supplier to raise prices was limited and in fact likely to decrease when a single source contract was established. A simple set of actions, for the key strategic suppliers (often 40 or less) mitigates almost all of the real sources of risk.

Don’t Blame Purchasing! (The Hardest Job in the Enterprise)

Supply Chain View from the Field

” Another conversation occurred with a senior vice president of procurement, head of a large global chemical industry who was visiting the Supply Chain Resource Cooperative offices this week. So when a senior executive came to me and asked ‘I need your help on some sourcing some chemicals for some new R&D projects’, I responded that “we would be happy to work with your team, but are you really sure you know what you are asking for?

Procurement Leading Pharmaceutical Companies Through the Pandemic

Jaggaer

Some 48 active pharmaceutical ingredients (APIs) vital to the pharma supply chain are sourced from the central province of Hubei. Because supplier information comes from a variety of sources, it is difficult to get a holistic view into the entire supplier po r tfolio.

Walmart Looking to Reduce Footprint

Elementum

It's no surprise then that the company became a signatory of t he Chemical Footprint Project (CFP), a project of Clean Production Action, which provides a tool for benchmarking companies as they select safer alternatives and reduce their use of chemicals of high concern. This year, the company took a major risk in becoming the first major retailer to join around two dozen of other companies that detailed the hazardous chemicals used in their products and supply chain.

Thinking Differently About Procurement: The SCRC Meeting Theme on April 29-30, 2013

Supply Chain View from the Field

They might be relegated to a largely external role as a cost analyst, understanding the movement of key metals, commodities, and chemicals in supply markets and translating codifying this knowledge into specific impacts. Sometimes the sources of value are right in front of us, and we need to be more aware of the obvious, and less focused on cost savings derived from price reductions.

Shale Gas on the Rise: 3 Ways to Prepare Your Energy Company for Unprecedented Production Growth

USC Consulting Group

Shale production involves solid, liquid and gas ingredients, most notably hydraulic fracturing solutions filled with proppants and chemical additives. Oil & Gas Supply Chain Digitization Process Improvement Skilled Workforce strategic sourcing Supply Chain Management Supply Chain Optimization Workforce TrainingInternal and external forces are catalyzing change in the global energy sector.

600 Dead in Bangladesh: Is there a soul to the enterprise?

Supply Chain View from the Field

A group of 30 MBA students this semester decided to “stress-test” the supply chain code of conduct behaviors of major companies in the retail, aerospace, chemical, and other industries. Procurement Sustainability Retail Logistics Strategic Sourcing Supplier Relationship Management Supply Chain Management Sustainability News of the increasing death toll in Bangladesh continues to pour in, with the latest at 600 found dead in the rubble of the Rama factory complex.

The Origins of Category Management

Supply Chain View from the Field

This impacted transportation costs, resins, chemical feedstocks, and a whole bunch of other areas. They would bid and source only part at a time! Category Management Commodities forecasting Contract Management Global Supply Chain Procure to Pay Strategic Cost Management Strategic Sourcing Supplier Relationship Management Supply Chain Economics Supply Chain Strategy

5 Ways to Make Your Manufacturing Plant More Sustainable in the Age of COVID-19

DELMIA Quintiq

Energy Information Administration identified the following manufacturing sectors as the largest energy consumers: Bulk chemical manufacturing: 28%. Switch to Domestic Sourcing or Manufacturing.

Global Supply Chain Recovery Dependent On A Vaccine

Supply Chain Shaman

They are seldom cross-functional to optimize source, make, and deliver together. The average demand latency for a grocery retailer is eighteen days, three weeks for consumer manufacturers, and six-to-nine months for chemical companies. As warehouses fill with the wrong products (items ordered and sourced before the shutdown), companies will scramble for outside warehouses and container storage. My left arm hurts. I have been on a waiting list to get the shot for three years.

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Advanced Analytics Are Everywhere!

Logility

Swimming pool control systems that automatically adjust chemical levels based on your desired water chemistry and immediately alert you to potential issues or equipment failures.

Advanced Analytics Are Everywhere!

Logility

Swimming pool control systems that automatically adjust chemical levels based on your desired water chemistry and immediately alert you to potential issues or equipment failures.