Supply Chain in the Boardroom – 5 Levers to boost a chemical company’s bottom line
By Kompetenzgruppe Chemielogistik
In the chemical industry, the consequences of a transport or storage accident – even if it’s the fault of a logistics service provider – are likely to be severe for the chemical company and its public image. When bad news hits, board executives are usually forced to turn their attention to logistics. But short of a major incident, logistics usually remains under the boardroom radar. Businesses tend to view logistics purely as a cost – and potential headache, it is expected to work smoothly and reliably, but is rarely regarded as an opportunity.
This paper shows that logistics can be a significant contributor to bottom-line results. With a more strategic approach to supply chain management, chemical companies can establish real competitive advantage.