Demand-Driven Supply Chain Planning for Specialty Chemicals

Forecasting demand in the specialty chemical industry is difficult yet at the same time critical to planning inventory. Retail customers demand extremely high service levels and consistent performance. Industrial customers have large, erratic consumption patterns, and expect stock to be available whenever they need it either on your site or at theirs. Production constraints, whether batch or continuous, complicate the process.

We help our customers reliably achieve these very high service levels. By offering demand-driven supply chain planning, we help specialty chemical companies achieve sustainable fill rates as high as 99+%, yet typically with 20-25% less global inventory.

Our solution starts with best-of-breed forecasting. It features powerful planning models that incorporate internal and external elements such as: market trends, seasonal demand profiles, and promotion forecasting. Demand collaboration brings together demand and forecast data from multiple sources in a web-based consensus platform. Inventory optimization and replenishment delivers high customer service levels, even across multi-echelon networks. It also addresses Vendor Managed Inventory (VMI), transportation constraints such as minimum shipment order quantities, rough cut capacity planning constraints such as run length and batch size, and SIOP.

For a complete description of our specialty chemicals solution and our customer experience, please contact the ToolsGroup office nearest you.