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How to build a global business decision-making system in the chemical industry and create refined management capabilities

How to build a global business decision-making system in the chemical industry and create refined management capabilities

  • Categories:Company news
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  • Time of issue:2022-04-02
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(Summary description)In recent years, the market competition in the chemical industry has become increasingly fierce, requiring good quality, fast delivery and excellent price, and enterprises are under great pressure on production and delivery.

How to build a global business decision-making system in the chemical industry and create refined management capabilities

(Summary description)In recent years, the market competition in the chemical industry has become increasingly fierce, requiring good quality, fast delivery and excellent price, and enterprises are under great pressure on production and delivery.

  • Categories:Company news
  • Author:
  • Origin:
  • Time of issue:2022-04-02
  • Views:0
Information

In recent years, the market competition in the chemical industry has become increasingly fierce, requiring good quality, fast delivery and excellent price, and enterprises are under great pressure on production and delivery. In addition, the business volume of the chemical industry fluctuates greatly due to the impact of upstream and downstream. For example, the recent rise in international energy prices, combined with high shipping prices, put pressure on chemical companies to control their costs. On the other hand, affected by the international situation, the prices of some chemical products (such as fertilizers) have soared, and the market demand is changing rapidly. Chemical companies need to keep abreast of the end use of their products. Changes in demand and adjust the business quickly. Specifically, the current challenges faced by chemical companies are as follows:

In the front-end supply, the types of chemical raw materials are complex, the price of bulk futures fluctuates greatly, the material demand and supply batch constraints are diverse, the distribution method is complex, the demand for different production lines varies greatly, and the overall planning of corporate procurement and supply is difficult;

Mid-stage production, continuous production, production capacity expectations are full, but demand fluctuates, superimposed factors such as environmental protection policies, power cuts and on-site logistics, how to match market demand, rationally allocate production capacity, and produce suitable types of products to maximize revenue;

Back-end sales, information flow is one-way, information sharing and coordination between departments is lacking, the plans of each department are fragmented, and the overall business status cannot be seen; how to use existing resources and the shortest time to achieve optimal results, increase revenue, support increase.

These challenges have put forward higher requirements for the quality of business decision-making in all aspects such as production resource allocation, production schedule tracking, process refinement management, marketing system, and production-sales coordination of chemical companies. Traditional business based on business rules + experience decision-making Decision-making methods can no longer meet the needs of enterprises, and a more intelligent decision-making mechanism is urgently needed.

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