An organization’s success often hinges on its ability to use its proprietary knowledge to gain a com petitive advantage over other com panies. A manufacturing enterprise would value its production process and techniques very highly. Similarly, a firm engaged in trading activity would place great importance on its client list and the names of its …
Firms in the chemical industry have not been as aggressive as those in some other sectors in adopting digital technologies. This has happened despite the fact that senior executives at many of these com panies are aware of the range of benefits that digitization can offer in improving their chemical suppy chain. If a chemical …
Chemical buyers can find it difficult to gather up-to-date and relevant information about their industry. Which suppliers offer the lowest prices? What are the precautions to be taken if you are sourcing raw materials from overseas sellers in China? Will spot prices for a certain chemical fall in the near future? Although large com panies …
HOW E-com MERCE PLATFORMS BOOST MARKET INTELLIGENCE IN THE CHEMICAL INDUSTRY Read More »
Purchasing departments that handle the procurement of chemicals often face customer service issues. The level of difficulty in resolving a problem that chemical buyers experience is usually inversely proportional to the size of the buying organization. Large com panies demand and receive a high level of service. Suppliers go out of their way to ensure …
CHEMICAL CONSUMERS CAN RECEIVE BETTER CUSTOMER SERVICE BY SHIFTING PURCHASES ONLINE Read More »
The global chemical industry is undergoing rapid change. Both demand and consumption of chemicals are shifting eastwards as new manufacturing facilities com e up and China’s consumption levels rapidly increase. New production capacities are being developed in the Middle East and in other non-traditional areas. How does all this impact the incumbent chemical com panies? …
WAITING TO BE DISRUPTED – THE CHEMICAL INDUSTRY AND PORTER’S FIVE FORCES Read More »
To Kemgo’s many faithful members and followers, by now you’ve probably started to witness the power of the network, especially the online network. Even with our successes in helping many of you find better deals in 2016, there is still so much for us to do to help make the work that you do easier, …
2016 ENDS WITH A BANG AND WHAT 2017 HOLDS FOR DIGITALIZATION IN CHEMICALS Read More »
A manufacturing com pany that spends large amounts on the purchase of chemicals can gain a significant cost advantage if it is able to bring down the amount that it pays for its purchases. Many organizations however, assume that optimizing the procurement function is limited to getting the lowest possible prices from their suppliers. A …
GETTING THE BEST PRICES FOR CHEMICALS BY OPTIMIZING PURCHASES Read More »
Chemical com panies that enhance their digital B2B capabilities will be in a better position to adapt to a changing com petitive landscape. They can take advantage of several important opportunities, including deeper and stronger customer relationships, streamlining lead qualifications, and extending com pany reach. New distribution channels make it possible to reach more customers …
DIGITALIZATION IN CHEMICALS – PART 6: THE BENEFITS OF DIGITALIZATION IN CHEMICALS Read More »
Technology and business practices are evolving and the shifting expectations of customers are quickly raising the bar for most suppliers. e-com merce interactions in the chemical industry will need to be more customer-focused and richer. In the near future, all B2B processes will be digitized. That is a shift that will enable sellers to more …
DIGITALIZATION IN CHEMICALS – PART 5: TECH TRENDS IN CHEMICALS Read More »
You may have heard the term: “Never change a running system (or machine).” If you are German or have lived in Germany for quite some time I would be quite surprised if you have never com e across it. This term is in fact a German pseudo-Anglicism. It com es from the expression: “Never change a …
DIGITALIZATION IN PETROCHEMICALS – PART 4: SHIFTING DEMOGRAPHICS Read More »
