Accurate forecast of raw material prices, budgeting, and stringent control over inventory will aid in ensuring competitive prices
The chemical industry has a long and complex supply chain, and with globalization being the buzzword, the focus would be on easing bottlenecks
Growing regulatory stringency and amendments to regulation and policies governing the chemical industry have a huge financial impact.
Navigate supply chain disruptions, raw material shortages, and price fluctuations - some of the key concerns plaguing the industry
Sourcing raw materials in a cost-effective manner is a key challenge faced by the industry, and our experts can help you identify best-fit alternative suppliers
We can help you sail through stringent and ever-changing regulatory requirements, thus enabling faster new product introductions and reducing costs.
Deal more effectively with high cost pressures arising from ever-growing global competition with our suite of procurement advisory services.
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The global biotechnology market, valued at $1,300 billion, is experiencing growth driven by customized treatments and an aging population. However, challenges such as competition from generics, government-regulated pricing, and evolving regulations under the Affordable Care Act can hinder profit potential. A key barrier to sustained growth in pharma and biotech...
Read More to see the spendedge blogsGathering data on your supplier’s capability to deliver high-quality products is just not enough. More open communication will ensure suppliers not only deliver with quality but also ahead of schedule.
The global biotechnology market, valued at $1,300 billion, is experiencing growth driven by customized treatments and an aging population. However, challenges such as competition from generics, government-regulated pricing, and evolving...
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Chemical procurement encompasses the processes and strategies involved in acquiring chemical products, primarily raw materials and ingredients necessary for manufacturing finished goods. This practice is critical across various industries, including...
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Key Takeaways Evolution in Procurement Strategies: Chemical businesses are moving away from traditional procurement approaches and adopting new strategies such as supplier diversification and bundled procurement to mitigate risks and reduce...
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Caustic soda, also known as lye, has a wide variety of applications, including candle making, homemade biodiesel, food preparation, soap making, and various chemistry experiments. Companies that manufacture and supply...
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By: Ankur Rishi The study of vegetable oils and animal oils and fats is called Oleo chemistry. The chemicals derived from these oils and fats are called Oleochemicals. Oleochemicals can be...
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Key takeaways The surge in oil exploration and production activities underscores the critical importance of effective oil spill solutions in mitigating environmental impacts and reducing financial losses. Companies like Polyeco, Lamor, NRC...
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Executive Summary The global transition to sustainable energy has positioned hydrogen as a crucial element in the clean energy landscape. This whitepaper analyzes the potential of clean hydrogen energy through 2025,...
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By: Ankur Rishi Key takeaways With SpendEdge, chemical industries are able to leverage predictive analytics with AI/ML to improve efficiency and reduce costs. Predictive analytics can enhance quality control and safety in...
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Classical models of supply-chain resilience don’t seem to be making the cut against unplanned disruptions. This is prompting businesses to build supply lines for the longer term with high bounce-back capabilities.