Kemgo

SOURCING CHEMICAL SUPPLIES FROM INTERNATIONAL MARKETS

The availability of reasonably priced chemicals that meet stipulated quality standards is critical to the success of manufacturing com panies. High-quality raw materials will lead to the production of high-quality end-products. Conversely, if com promises are made at the procurement stage, the results can include customer dissatisfaction and lost orders. But purchasing departments cannot select …

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CHEMICAL INDUSTRY TRANSFORMATION – AN IMPERATIVE FOR GROWTH

The chemical industry is seeing rapid growth and innovation as key end-use markets witness increasing demand. The US chemical industry alone is “an $801 billion enterprise” accounting for 14% of the country’s exports and 15% of the global chemical market. World chemical production grew by 2.8% in 2015. It is expected to expand by a further …

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KNOWLEDGE IS POWER – THE QUEST FOR ACTIONABLE INTELLIGENCE BY CHEMICAL com PANIES

The global chemical industry is dominated by a few large com panies and thousands of smaller firms. The range of products that they produce runs into the tens of thousands. Many products can be manufactured in various grades. All this makes for a mind-boggling range of options for a com pany looking to buy chemicals. …

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CUSTOMER SERVICE PARADIGMS FOR THE CHEMICAL INDUSTRY

Organizations that consume chemicals require their suppliers to provide efficient and proactive customer service. A supplier who takes an inordinate amount of time to respond to a query or fails to respond to a specific request for information is likely to be dropped at the first opportunity.   Customer service in the chemical industry fulfills …

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BENEFITS OF RATIONALIZING CHEMICAL SUPPLY CHAINS

Chemical procurement is becom ing increasingly com plex with multiple sources being available for each material, a wide variation in quality, and the inability of purchasing com panies to conclusively determine the credentials of a new supplier before an order is actually placed. If com panies can simplify their purchasing processes, there are tremendous gains …

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CHEMICAL SUPPLY DISRUPTIONS – THE BANE OF PRODUCTION SCHEDULES

Manufacturing units are often taken by surprise when their production schedules are thrown out of gear because of a shortage of an essential raw material. An organization may use dozens of chemicals in its production process. The non-availability of even one input can halt a production line.   A majority of com panies have well-thought-out …

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REGULATORY REQUIREMENTS IN CHEMICAL PURCHASES

When an organization is on the lookout for a new chemical supplier, it is essential that it first verifies that the com pany meets regulatory requirements. In fact, it is important to carry out this check even for purchases from existing sources because of frequent changes in the applicable rules and regulations.   Manufacturers are …

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FINDING THE RIGHT SUPPLIER – A PRIORITY FOR CHEMICAL BUYERS

Identifying the chemical suppliers that can deliver the greatest value to your organization is a challenging task. Long-term agreements for bulk purchases can get you the best rates. But com mitments of this type often tie you down and prevent you from taking advantage of changing market conditions.   On the other hand, if you …

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A FRAMEWORK FOR ENSURING QUALITY CHEMICAL PURCHASES

The success of a manufacturing process is often dependent upon the quality of the chemicals that are used. Purchasing departments face the challenge of buying raw materials that meet required specifications and are priced within the stipulated budget. In many instances, it is not possible to satisfy both these requirements. Consequently, a choice has to …

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BUILDING AN EFFICIENT CHEMICAL SUPPLY CHAIN

The volume of chemicals required by an organization often fluctuates. During certain periods, consumption may follow a steady pattern.  At times like this, it is a relatively simple task to ensure that adequate supplies are at hand. Suppliers are aware of the type and quantity of chemicals that a consumer needs. They have enough time …

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