How digital technologies are making the chemical industry's supply chains more resilient

Two out of three executives in the chemical industry are currently investing specifically in digital technologies to modernise their supply chains and make them more resilient. The latest issue of Chemicals Consulting Insights shows how digital solutions have become a key driver of stability, planning reliability and competitiveness.

They create the basis for faster responses, early risk detection and more precise control. At the same time, they open up new avenues for resource-efficient and sustainable business practices.

Key findings from Chemicals Consulting Insights at a glance

Artificial intelligence, automated planning tools and sensor technology for networked devices in the Internet of Things (IoT sensor technology) enable more accurate forecasts, transparent inventories and continuous monitoring of sensitive materials. These technologies help companies to respond more flexibly and mitigate disruptions.

Digital applications help companies to use resources in a targeted manner, reduce waste and demonstrably lower emissions. IoT-based energy monitoring systems and data-driven material analyses make a measurable contribution to this.

The study reveals significant regional differences in terms of challenges, priorities and speed of transformation. In Europe and North America, for example, the focus is on technologies that support transparency and regulatory requirements. In Asia and Latin America, on the other hand, the emphasis is more on scaling and cost efficiency.

Medium-sized and large companies are currently driving digital transformation forward. They are investing in automated procurement, cloud-based logistics planning and AI-supported demand forecasting. Smaller companies, on the other hand, often stick to traditional processes due to a lack of budget, expertise and infrastructure.

The publication also introduces a model that can help you prioritise your technology decisions. The Implementation Efficiency Matrix evaluates technological solutions based on two dimensions: How high is their operational benefit? How easy are they to implement?

High priority is given to technologies that have been proven to increase efficiency and are already being used productively in many companies. The model facilitates strategic decisions and provides guidance in a market with growing technological diversity.

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Die „Chemical Consulting Insights“ liefern Ihnen zentrale Technologietrends und strategische Hinweise für mehr Stabilität in der Lieferketten.

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Outlook: Technology as a pioneer for a robust and sustainable chemical industry

Chemicals Consulting Insights shows how significantly the role of digital technologies has grown in the chemical industry. Companies that manage their supply chains based on data, take regional differences into account and set clear priorities in their choice of technologies are significantly improving their position.