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 »
We wanted to spend some time talking about the current status quo in the order-to-cash and procure-to-pay processes within the petrochemical industry. Interactions between buyers and sellers in our industry typically rely on tools and techniques that have been around for decades and they have not changed very much – for good reason! The standard …
DIGITALIZATION IN PETROCHEMICALS – PART 3: THE STATUS QUO Read More »
In Part 2 of our blog series: Digitalization in Petrochemicals, we would like to give you a little more detailed view on online portals in practice. In the perfect situation as a supplier, you would run your own e-com merce platform and have it linked with your own ERP system in order to efficiently manage …
DIGITALIZATION IN PETROCHEMICALS – PART 2: THE IDEAL SITUATION AND DEALING WITH CHANGE Read More »
When we first came up with the idea for Kemgo, over two years ago, there was very limited information that we could find around digitalization in the petrochemical industry (unless it was around innovation on the product development side or the startups we saw at the beginning of the century). Essentially, what we were finding …
DIGITALIZATION IN PETROCHEMICALS – PART 1: SETTING THE STAGE Read More »
Buying raw materials from overseas suppliers holds many attractions for chemical consumers. The primary benefit, of course, is a lower price. If a com pany in Europe or the US can establish a low-cost supply chain that sources materials from China or the Middle East, it can gain a tremendous com petitive advantage. Buying raw …
BUYING CHEMICALS FROM INTERNATIONAL SUPPLIERS – E-com MERCE SITES TO THE RESCUE Read More »
