Conventionally successful strategies such as proximity to feedstock, customers or intellectual property are challenged by energy’s volatility and input commodity prices; mass customization from competitors, supply chain intricacies, geo-political flux like China’s economic shifts and slumps from key buyers such as the auto sector.
Successful chemicals firms are:
1. Finding profit through increased eciencies.
2. Seeking growth through acquisitions.
3. Transforming from selling commodities to delivering customer-centric services and outcomes.
All of these C-level strategies require modern, integrated ERP solutions to succeed.