Abstract

As everyone knows chemical industry is one of the most complex industries. It handles thousands of diverse materials from benign to the most hazardous. The industry also needs apart from raw materials various kinds of equipment and accessories made of different materials in varying sizes.

All these make the procurement function in the chemical industry very challenging. This article outlines these issues and the potential of digitalization to address these challenges.

The ever-broadening scope of the supply chain

Chemical procurement leaders need to look at a host of ancillary products along with core production and raw materials. Due to the nature of chemicals and corrosion, there is a tremendous demand for replacing infrastructural elements, such as pipes, valves, and flanges. Chemical handling complexities create a need for specialized lab equipment, safe transportation, and storage options. This varied demand leads to a bloated supplier list and the need to manage multiple mini supply chains in tandem. Vendor consolidation and tracking are good tools for procurement officers to have.

• CARBON BLACK
• ACTIVATED CARBON
• SODIOM CYIANIDE
• EDTA
• SHT
• SODIUM HEXAMETA PHOSPHATE
• AMONIUM PERSULPHATE
• CUSTOMER REQUEST
• ETC.