Global competition, customer demands, and changing government regulations can leave today’s chemical manufacturers and distributors reeling at the challenge of operating a profitable organization. They must also maintain traceability and standardize formulations. By using a full-scale ERP made for the chemical industry, you can leverage full integration, from advanced manufacturing, distribution, warehousing, customer relationship management (CRM), and accounting functionalities to have a single source of truth and operational control.

How Chemical ERP Solutions Solve Industry Pain Points

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  • Managing the Entire Supply Chain

    Your supply chain is an essential part of your business. However, it can be located around the world, far removed from your office. Not having a complete view across the entire supply chain can cause the inability to respond fast enough to the rapidly changing customer needs and requirements in productions and the wider supply chain leading to costly delays and errors. Using an ERP, you can prepare for disruption and maintain an end-to-end view of your supply chain.

  • Increased Number of Recalls and Quality Audits

    Chemical manufacturers are required to capture data from operational processes accurately so that, in case of any recalls, they can be prepared for it. To equip themselves for quality auditing, chemical companies must integrate traceability data across the business and should be made accessible to various stakeholders such as suppliers and customers during the quality audit process. Diligent record-keeping and controls within an ERP can help ease the burden of this work.

  • Changing Regulations and Demand

    One of the biggest challenges today for global chemical companies is meeting all the varying regulatory requirements and changing demand of customer needs. Many chemical companies lack the agility to adapt to. Failing to comply with customer demands can have a serious impact on your bottom line, but failure to comply with global laws and regulations can be deadly to your company. With a holistic view of your operation, you can be sure your requirements are met.

  • Keeping up with Industry Innovations

    The chemical industry continues to see groundbreaking developments and today’s most successful companies are focused on developing innovative capabilities and solutions. Deeper intelligence and technology is vital to achieving this objective. Modern ERP platforms have many tools that can help those in the chemical industry innovate and develop.

  • Managing Data

    Your stakeholders have differing needs and demands. Shareholders look for profit and revenue, customers want more for less, and the regulators respond to safety and environmental concerns. There is a need to manage your data efficiently to ensure you're responding to the requirements of the various stakeholders in their value chain. Real-time, flexible and informative reports, such as those you can see in an ERP, are invaluable to your company.

Benefits of ERP for the Chemical Industry

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  • Lot Traceability and Recall Management

    With the increasing demands of regulators and consumers, having effective traceability tools is essential in the chemical industry. A Chemical ERP system includes warehouse and shipping information necessary for managing inventory, locations, quality control and more. All the information can be associated with raw materials supplies, resulting in a completely connected information chain that traces all inputs to their eventual end-customer locations and applications. A robust enterprise management tool enables you to invest in your company’s future tracking needs and allow better handling of recalls, expiration management, sustainability, labeling, and other major trending concerns.

  • Formulation

    In the chemical industry, it is crucial to have accurate measurements, concentrations, potentices, qualities, and reactions. With a modern Chemical ERP solution, meet these unique challenges. Gain the ability to establish and maintain a formula management system, track both the quantity of raw materials on hand, as well as the quantity necessary to satisfy sales forecasts, formulate calculations for an intelligent chemical recipe or bill of materials, and much more!

  • Cost-Group Analysis

    As markets change and prices of raw materials fluctuate, you can stay on top of unpredictable shifts to regulate your expenses & pricing. Integrate Bill of Material or recipe data and pinpoint exact inputs and costs to their resulting outputs. With faster reporting, gain a significant advantage, and quickly factor changing input prices into more informed decisions. Eliminate overstock, waste and/or shortages of both products and ingredients by ensuring you always have the items on hand to make an appreciable difference to your bottom line. You can even set automated minimum level ordering points, so you always have your most important materials on hand.

  • Optimize Supply Chain and Production

    Form a vital connection between what you supply and what is demanded. Even more importantly, predict anticipated yields, demand forecasts, supplier restrictions (delays), and lead-time forecasts. By sharing data and insights, you can vastly improve your ability to solve issues, match production schedules to sales promotions, and innovate. ERP tools help track performance and order histories and find ways to reduce costs from suppliers and improve operations. Not only can you save costs by optimizing production line changes, you can improve customer relationships because you can ensure delivery as promised.

  • Regulatory Compliance

    The chemical industry is tightly regulated and needs solutions that ensure public and worker safety. An ERP can use automation tools to measure temperature, warehouse conditions and other factors of ingredients, mixes and final products. Also conduct compliance testing modules for government and international regulations, and gain reporting capabilities to meet compliance requirements.

  • Global Scalability

    Whether you operate globally or aim to expand in the future, having the ability to manage multiple countries from a single location is essential. A Chemical ERP system can provide global visibility in real-time while still accommodating for country-specific legal and market requirements. Gain the ability to consolidate data and reporting across worldwide locations and process multilingual data, including currency info and item names within a single system.

Chemical Resources

Unleashing the Chemical Industry eBook

It’s a complex landscape—but there’s a simple solution. Sage X3 is a next-generation enterprise business management solution designed specifically to meet the needs of chemical manufacturers. Find out the ways a new enterprise management system can optimize your chemical business by downloading this eBook.

 

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