Overview
The supply chain. It has morphed from a mere cost center to mission critical in business discussions. The chemical supply chain is especially getting its time under the spotlight because it can make or break a whole range of industries. Biotechnology, pharmaceuticals, cosmetics, paper production and recycling, nutrition and more all feed on chemicals.
The COVID-19 pandemic has exposed key vulnerabilities in the supply chain that the chemical industry is learning from and setting into motion. Dive into what went wrong during the pandemic and five key lessons that will mold the future of the chemical supply chain.
Key Objectives:
- The chemical supply chain is confined to worryingly tight geographical regions. That is expected to change over time.
- The pandemic has renewed focus on supplier relationship management.
- Digitalization will be a must-have in building a resilient chemical supply chain.