Chemical industry outlook for 2017

Published: 12-Jun-2017

Supply chain and logistics are front and centre

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The global chemicals market is expected to double by 2035. Chemical companies know they have to rewire their supply chains to meet new challenges and demands. According to the 2017 Excellence in Chemical Logistics report, supply chain is an opportunity to deliver significant value.1

The typical outlook has been to view logistics and transportation as a cost centre. But the value and opportunity goes well beyond that — into improving service levels, enabling broader visibility and generating cycle time efficiencies.

The 2017 chemical logistics survey report shows chemical executives anticipating disruptive change on the horizon. They recognise the need for supply chain transformation. Mergers and acquisitions (M&A) and driving growth are top business concerns whereas, in the supply chain, visibility and transparency are the top priorities.

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