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Chemical Products
Here, you'll find links to the information and resources you need to make an informed Chemical Products software selection:
Globalization, regulation, the shape of the macroeconomic landscape, and the high cost of labor and raw materials are just a few of the major challenges that companies from the chemical products industry have to face. Chemical product manufacturing is also an energy-intensive process, making it difficult for companies in this industry to "go green" and remain compliant with environmental regulations. To stay competitive, companies in the chemical products industry must find innovative ways to reduce their dependence on energy resources, and conduct ongoing research and development (R&D) to improve existing products and bring new products to market ahead of the competition.
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Some of the challenges that companies in the chemical products industry face involve
managing a large number of raw materials and intermediate products;
managing formulas in a way that helps formulators access and handle the data required to produce new products, or modify existing ones;
complying with local, regional, and international industry, business, and environmental regulations;
designing new products, processes, and manufacturing systems in order to improve product development;
developing green chemistry and engineering practices; and
using technology to develop more efficient sources of energy.
Organizations in the chemical products industry can benefit from the use of specialized software solutions, including enterprise resource planning (ERP) and product lifecycle management (PLM) solutions. ERP systems can help these organizations process raw materials efficiently and report compliance to regulatory agencies—although industry-specific functionality is required for the ERP system to function effectively. Chemical products companies can also take advantage of product lifecycle management (PLM) systems, which can help with product development and the rollout of new designs.
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Process Manufacturing (ERP)
Core PLM for Process Industries
Benefits of Using Software Solutions for Chemical Products
ERP software for process manufacturing provides companies in the chemical products industry with the ability to optimize chemical products processes, document process flowcharts, and control planning and budgeting. It can also help companies manage a variety of steps in the manufacturing process, including formulation, recipes, formulas and routing, material reporting, and material and product costing. Finally, implementing an ERP system helps to maintain quality control in every manufacturing process.
Core PLM software systems can help companies in the chemical products industry that employ systems engineering techniques to manage the complete chemical manufacturing process—from the initial formulation to the end product—to meet customer requirements. These systems also allow companies to leverage their acquired knowledge and information to develop new products, and manage everything from material and quality specifications to design and documentation. Finally, PLM systems can help companies coordinate collaborative design projects, and change management processes.
THE RISKS OF A FLAWED CHEMICAL PRODUCTS SOFTWARE SELECTION PROCESS
Companies that do not have a process ERP system in place will have no ability to control costing and budgeting for the products they manufacture. Nor will they be able to document processes and plan accordingly. These problems will be apparent at all stages of the manufacturing process and can lead to lost profits and fewer opportunities to create new products.
Without core PLM systems, chemical products companies will not be able to coordinate collaborative product design and development. They will also be unable to deploy, document, and manage new technologies that can help them develop high-quality products.
Why use the Chemical Products Evaluation Center?
Determine which functional aspects of a Chemical Products solution are priorities for your business.
Evaluate and understand the functionality that addresses Chemical Products requirements.
Find the Chemical Products solutions that are most likely to serve your business.
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