Chemical Companies Implement Flexible Planning Strategies
July 15, 2009
According to the global chemistry industry production index, chemical production declined more than 10% in the first half of 2009. As a result, chemical companies are using flexible planning strategies to forecast supply and demand.
According to the global chemistry industry production index, chemical production declined more than 10% in the first half of 2009. As a result, chemical companies are using flexible planning strategies to forecast supply and demand.
“Chemical companies are struggling with how to effectively plan for the future given the market’s uncertainty,” said Tim Hanley, vice chairman and U.S. Process and Industrial Products industry leader, Deloitte LLP. “Experimenting with new business models that account for new customers and suppliers may be the way to navigate through these challenging times.”
Is your company experimenting with new business models?