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Overcoming Chemicals Industry Challenges through Optimization of Distribution and Inventory
For chemical companies, optimizing the distribution network and rationalizing inventories are the keys to an efficient supply chain and smoother operations

inventory of chemicals  barges); pipeline versus on-hand inventory management; the modeling of unprocessed materials (including recycles and multiple produced items) from a single feedstock; the ability to find equivalent products, locations, and packages; and so on. Producing chemicals typically involves all of the three common physical states of ingredients, namely, solids, liquids, and gases. From a formula and mixing perspective, this necessitates an impeccable unit of measure (UOM) conversion engine. Whether the formula Read More...
Process Manufacturing (ERP)
The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as...
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Documents related to » inventory of chemicals


SAP for Chemicals: A Packaged Solution for Mid-market Companies
Packaged solutions for the chemicals industry are available from SAP and selected partners. Still, given a number of other viable solutions, prospective users

inventory of chemicals  include reduced inventories (overall inventory by an average of 7 percent and high value inventory by an average of 5 percent), improved resource utilization (clerical labor reduction by an average of 16 percent and a reduction of Environmental Protection Agency [ EPA] tracking costs by an average of 25 percent), and improved performance in terms of scrap or reject reduction, by an average of 8 percent. On the other hand, potential non-quantifiable improvements in managing plant operations come from Read More...
SAP for Chemicals Functionality
SAP has been delivering on its chemicals industry strategy by expanding its capabilities for manufacturing and supply chain management, broadening its composite

inventory of chemicals  SAP has upgraded its Inventory Collaboration Hub , a component of the mySAP SCM suite, to better optimize consignments or vendor-managed inventory (VMI), and is also working on improving functionality for collaborative planning, forecasting, and replenishment (CPFR). Another SAP composite application for the chemicals industry is SAP Global Trade Services ( SAP GTS), which was released in 2004 and upgraded in early 2005 (see GTM Solutions—Always Watch Out for SAP ). This application helps companies Read More...
So What’s the Big Deal with Chemicals?
Due to the inherent challenges of the industry, most chemical companies are still unable to profitably respond to highly variable demand, or to execute

inventory of chemicals  its customers while controlling inventory costs. However, the demands of the global chemical marketplace make this balancing act more challenging than ever, since distribution networks are increasing in size and complexity, which multiplies the difficulty of inventory decisions. On the other hand, customers demand shorter lead times and faster deliveries, creating pressure to increase rather than decrease inventory levels. As mentioned many times before, efficiency targets for production lines dictate Read More...
Managing Mountains of Inventory Data, Hexion Ensures Sustainable Growth and Profits
For thermosetting resins producer Hexion Specialty Chemicals, a portfolio of over 50,000 stock keeping units (SKUs) created unique supply chain efficiency

inventory of chemicals  Mountains of Inventory Data, Hexion Ensures Sustainable Growth and Profits For thermosetting resins producer Hexion Specialty Chemicals, a portfolio of over 50,000 stock keeping units (SKUs) created unique supply chain efficiency challenges. Hexion needed better supply chain management—the key to sustaining growth and profits. In adopting Zemeter solutions, Hexion reduced inventory by more than 20 percent and increased margins—exactly what Hexion needed to stay competitive on a global scale Read More...
Survey of SMB Manufacturers: Results Show ERP Contributes to Success
Sage North America today announced the results of a snapshot survey of small to medium business (SMB) manufacturers on the general health of their businesses

inventory of chemicals  of SMB Manufacturers: Results Show ERP Contributes to Success Sage North America today announced the results of a snapshot survey of small to medium business (SMB) manufacturers on the general health of their businesses and use of their enterprise resource planning (ERP) system. Check out Sage's infographic . In sum, SMB manufacturers have added jobs, are more optimistic than not about the economy, and believe that their ERP system has helped serve their customers’ needs while contributing to the Read More...
The Challenges of a Business Intelligence Implementation: A Case Study
The University of Illinois provides a good example of extensive integration of its business intelligence (BI) solution and data warehousing environment with its

inventory of chemicals  Challenges of a Business Intelligence Implementation: A Case Study Company Background More than 70,000 students enroll each year at the University of Illinois , which offers more than 150 fields of study in 30 colleges, free-standing schools, and institutes across 3 campuses: Chicago, Springfield, and Urbana-Champaign (US). The university, one of the original land-grant colleges, opened its doors in 1867, and since then has awarded more than 500,000 degrees. The Urbana-Champaign campus houses the Read More...
Instead of Discounting, Back Some Value Out of Your Proposal
Last minute discounting has become so prevalent that many companies have come to depend on it as their default sales strategy. Employing a go-to-market strategy

inventory of chemicals  of Discounting, Back Some Value Out of Your Proposal Introduction Last minute discounting has become so prevalent that many companies have come to depend on it as their default sales strategy. Employing a go-to-market strategy of being the lowest cost provider is one thing, but dramatic, tactical discounting on every deal will erode your company's margins and leave you digging a deeper and deeper hole in which your company will ultimately bury itself. I don't want to give you the impression that Read More...
Software-as-a-service ERP versus On-premise ERP through the Lens of Total Cost of Ownership
This IDC white paper looks at the growing applicability of software as a service (SaaS) for enterprise-level business applications, and analyzes the adoption

inventory of chemicals  as-a-service ERP versus On-premise ERP through the Lens of Total Cost of Ownership This IDC white paper looks at the growing applicability of software as a service (SaaS) for enterprise-level business applications, and analyzes the adoption rate and total cost of ownership (TCO) of this technological approach. Download this white paper to find out how a hosted option can drive significant cost savings, reduce initial implementation times, and bring new functionality with relative ease and Read More...
IDC and Webroot Present: Securing Enterprise Environments against Spyware-Benefits of Best-of-breed Security
The threat of spyware has risen to epidemic levels for many information technology professionals trying to protect their users and network. In response, many

inventory of chemicals  and Webroot Present: Securing Enterprise Environments against Spyware-Benefits of Best-of-breed Security The threat of spyware has risen to epidemic levels for many information technology professionals trying to protect their users and network. In response, many security vendors are creating anti-spyware software to seek out spyware and eradicate it from the enterprise network. Webroot's Spy Sweeper Enterprise is just such a product. Read More...
The Pain and Gain of Integrated EDI Part One: The Pain of Integrated EDI
The real action is in merging the influx of electronically transmitted data with existing information already being processed within the ERP system, and the

inventory of chemicals  Pain and Gain of Integrated EDI Part One: The Pain of Integrated EDI The Pain of Integrated EDI There is more to the best-of-breed versus integrated suite dilemma than mere data synchronization between two disparate enterprise applications. Electronic data interchange (EDI) capability, which for some high-volume industries like automotive suppliers has become a unpleasant required, has been made more dangerous by the level of work that must be dedicated to ensure the accuracy of incoming and outgoing Read More...
SAP Case Study: Chemicals
The ability of BASF AG—a leader in the chemicals industry—to proactively manage unexpected situations is key to its competitiveness. With its complex supply

inventory of chemicals  Case Study: Chemicals The ability of BASF AG—a leader in the chemicals industry—to proactively manage unexpected situations is key to its competitiveness. With its complex supply network dealing with unanticipated events is all the more critical. To address this issue, BASF implemented the SAP Event Management application to monitor ocean-freight logistics, from receipt of initial orders to final delivery of products. Read More...
Confessions of a Techno Junkie
Ideas on how to survive the avalanche of technology, avoid the lure of its pitfalls, and succeed with it as the enabler to true process innovation.

inventory of chemicals  of a Techno Junkie Introduction The first step towards solving a problem rests with admitting that you have one. I am writing today to confess that I have a technology problem, although I feel some comfort in the knowledge that I must not be alone. I'm of above average intelligence, college educated, have held executive positions with high tech companies, am not necessarily an early adopter, and pride myself on making logical, rational decisions, even when it involves acquisition decisions. OK, Read More...
Infor’s Acquisition of PeopleAnswers Foregrounds Big Data Behavioral Analysis of Employees
Infor has announced the acquisition of PeopleAnswers, a company specializing in predictive talent analytics. PeopleAnswers’ application maps the behavioral DNA

inventory of chemicals  Acquisition of PeopleAnswers Foregrounds Big Data Behavioral Analysis of Employees Infor has announced the acquisition of PeopleAnswers, a company specializing in predictive talent analytics. The financial terms of the deal have not been disclosed. Founded in 2001, PeopleAnswers developed a cloud-based (multitenant software-as-a-service [SaaS]) solution meant to help companies with employee selection, retention, and succession planning. PeopleAnswers’ application maps the behavioral DNA of Read More...

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