Chemical

Chemical Industry Productivity Challenges

Productivity challenges in a chemical company – key solutions

Productivity challenges in a chemical company – key solutions 1920 1080 Xcelpros Team

At a Glance

  • Agility is a synonym for growth in today’s business environment, and chemical companies are continually attempting to be agile in processes, operations, and outcome to keep up with the changing times.
  • Conventionally, many chemical companies have adopted the reactive model, which is now adversely affecting their overall productivity and market responsiveness.
  • Adapting newer technologies to leverage the maximum out of the infrastructure and fortifying their IT network is essential for chemical companies to improve their output.

Today, the chemical sector has entered a phase of adoption: adapting newer technologies, transformative business models, and more. These changing times create excitement and uncertainty amongst the chemical companies who are continually looking to enhance their market share by driving productivity. While many chemical companies have invested heavily in better, newer IT infrastructure, they have not succeeded in leveraging this infrastructure to its maximum potential. On the other hand, other companies are still wary of going the digital way, creating uncertainty among decision-makers in chemical companies.

According to PWC’s 23rd Annual Global CEO Survey, 33% of chemicals CEOs are not very confident about their company’s prospects for revenue growth in the next 12 months.

It is evident that chemical companies are facing challenges when it comes to improving productivity and growth rate. By looking at how chemical companies can overcome these uncertainties, one would first need to comb through the chemical industry pain points when it comes to driving productivity.

The Chemical Industry Challenges in Improving Productivity:

1.The Steep Fall in Oil Prices:Commodities prices are the catalysts in deciding the outcome rates of the chemical companies. The year 2020 saw an unprecedented decrease in oil prices, causing chemical companies across the USA and the globe to suffer low productivity rates. The soft commodities prices have also caused a massive imbalance in the raw material’s demand patterns, resulting in a disrupted product lifecycle for many chemical companies. Outcomes are getting hit across the board due to affected oil prices.

2.Difficulties in Adapting to Newer Technologies:Adapting newer technologies and tools is not only a smart move but an inevitable one for the chemical companies. The need of the hour to build a robust IT infrastructure can generate and analyze data, automate operations, and streamline the supply chain. However, many chemical companies are still not at an advanced stage of going digital and cannot make use of the latest technologies. Lack of skilled, knowledgeable professionals and consultants also leads to often misguided judgments, causing productivity to take a hit.

3.Lack of Real-time Visibility to Different Stakeholders:Chemical companies involve multiple stakeholders, many of whom are geographically separated. The production process involves changes, call-backs, and unexpected challenges at any point in the chemical product’s lifecycle. However, with legacy systems and reliance on manual intervention, there is a lack of transparency and complete visibility to all the stakeholders involved – leading to process delays, communication gaps, and operational glitches. All these negatively impact the rate of productivity.

4.The Snowball Effect of Covid-19 Pandemic:The COVID-19 pandemic has challenged the business outlooks for the year 2020 in the first quarter itself. Borders had to be closed, transportation had to halt, travel stopped, and plants shut. Supply chains globally were disrupted; operations across chemical plants either slowed down or stopped. The slowdown had a massive effect on the productivity in the chemical sector. Even as the world is slowly starting to open up again, there are still skeletal workforce issues, lack of investments, and demand discrepancies that will continue to haunt the chemical companies.

Figure 1:How Modern ERP Systems Enable Better Productivity

The Way Ahead: Overcoming the Chemical Industry Challenges with Digitization

The chemical companies need to embrace technology to keep up with the changing times. Opting for data analytics and automation will streamline challenges in operations management and help maneuver efforts to increase productivity. A healthy IT infrastructure with robust enterprise resource planning (ERP) and management capabilities such as the Microsoft Dynamics 365 Finance and Operations can serve as the one-stop solution for various chemical company challenges.

Figure 2:ERP in Chemical Industry: The Benefits

Microsoft Dynamics 365 ERP helps in keeping track of the budget, managing changing prices and adjusting actuals accordingly, collating and analyzing data from chemical plants and top floor, and many such enterprise management functions. Your chemical company will have a systematic tool that keeps track of orders, bill of material, production processes, supply chain, booking, and revenue that helps immensely in anticipating plausible glitches and avoiding them with proactive measures.

There is no doubt that chemical companies will thrive with the adoption and utilization of technology in its prime. The decision-makers in these companies can bring transformation and enhance productivity by investing in the future and making the right choices of welcoming the change.

Key Takeaways:

  • Changing times call for change in attitude, and the chemical companies will need to integrate this change in every facet of product development to be effectively market-responsive
  • With a robust ERP system and other cutting-edge technologies, the chemical companies can plan and act upon increasing their outcome rate.

About XcelPros

XcelPros is a Chicago-based company and delivers transformation through technology. We offer business and technology solutions with deep industry experience in Chemical, Pharma, Life Sciences (including Medical Devices, Bio-Medical & Biotech), Insurance, Discrete Manufacturing, Process Manufacturing, Distribution and Food & Beverage.

XcelPros is a Microsoft Gold Partner, Direct Cloud Solutions Provider (CSP) and a Systems Integrator (SI) offering software licensing, implementation and consulting services for Microsoft Dynamics 365, CRM, Microsoft Dynamics AX, Business Intelligence & Analytics (Power BI), SharePoint, Office 365 and Azure (Cloud, IOT, Microsoft Flow amongst many others).

Our mission is to provide integrated technology solutions that amplify impact and empower our customer’s businesses. We believe technology is the key enabler of exponential growth for us and our customers.

Contact XcelPros today to transform your business.

Call us toll-free – 1.855.411.0585 (or) visit www.xcelpros.com

erp for chemical industry

Digitization of the Chemical Industry-Role of an ERP system

Digitization of the Chemical Industry-Role of an ERP system 1920 1080 Xcelpros Team

At a Glance

  • Chemical companies are looking to adopt the newer, digitized technologies to their fullest (instead of merely installing systems and processes that operate in silos).
  • A well functioning Enterprise Resource Planning (ERP) system can help chemical companies in all phases of their operations- procurement, manufacturing, supply chain, vendor management, aftermarket, and more.
  • Implementing an ERP system need not be a costly or daunting affair, provided companies go for the right system and take the help of experts where need be.
  • The Covid-19 pandemic has put chemical companies at the frontline as this sector provides the raw material for hygiene products and chemicals. There is an elevated demand, expanded supply networks, improved data flow, and a greater need for systematic operations optimization.

Digital transformations have been a boon for every industry; however, many sectors are still looking for ways to utilize these technologies to their fullest. The chemical industry is on the cusp of legacy and advanced software and systems. Many companies have departments working in silos, manual documentations, slow change management mechanisms, data discrepancy issues, and an overall fall behind when it comes to digitization and automation. Chemical companies can address these issues and many others by investing in a high-end ERP system.

According to PwC’s 23rd Global Annual Survey, 42% of chemical company CEOs prioritized and invested in digital operations and related technologies.

The above stat signifies that now is the time for chemical companies to systematically restructure their IT base and look at ERP as an option and a way forward to sustainable growth. After all, every sector is looking to leverage digitization to their benefit, including the chemical industry.

Here are five benefits of an ERP software system for chemical companies:

1.Digitization of Processes Leading to Accelerated Timelines:An intricately designed yet easy to implement ERP system such as the Microsoft Dynamics 365 ERP comes equipped with artificial intelligence (AI) and machine learning (ML) based features that can automate many processes such as documentation, reporting, log entries, etc. This will reduce manual intervention (providing personnel with time to invest in more innovative aspects) and mitigate errors. Digitization in the chemical industry also helps expedite processes as the data can be accessed, altered, and verified in real-time. With Microsoft Dynamics ERP, chemical companies can realize the vision of going agile.

2.Fortifying Supply Chain Management (SCM):A comprehensive ERP for the chemical industry can facilitate better management of your supply chain by interlinking the departments and creating a data pool between finance, sales, and delivery. This way, you will digitize and monitor the procurement of raw goods, oversee warehouses, manage inventory more efficiently, channelize communication between different stakeholders, and streamline the workflow.

Figure 1: A Multi Pronged ERP System to Integrate Different Departments in a Chemical Company

 

3.Better Response Time and Quicker Time to Market:An ERP for the chemical industry provides companies with a competitive advantage by giving better process and resource visibility, interconnecting departments, and avoiding bottlenecks. ERP is also integral in enabling chemical companies to identify their slow to move inventories and find quicker delivery options. This considerably reduced time to market. The overall product development process in chemical manufacturing companies is also expedited, thanks to the automation and optimization features of ERP systems, and this also results in quicker time to market.

4.Dynamic Change Management:The chemical manufacturing processes are subject to changes at different levels, from pre-formulation to production and packaging. These changes take time to get recorded and notified in a legacy system-backed environment, leading to delays. However, ERP allows chemical companies to be more flexible and dynamic in their change management approach. As data becomes centralized and systems become integrated, inter-departmental collaboration shines through, expediting the communication network in a change management ecosystem. Even at the supply chain and aftermarket levels, ERP allows better visibility across several stakeholders, enabling manufacturers to respond in optimized ways to any changes.

5.Better Customer Service and Enhanced Customer Satisfaction:Like any other industry, the chemical industry also strives to satisfy its customers- be it other industries or retailers or the end-user. With an ERP system for chemical manufacturing, companies gain insights into customer preferences, and they can anticipate market needs. Companies are choosing ERP systems designed to respond quicker and better to customer demands. With the ever-changing customer expectations scenario, chemical companies need to invest in a system that provides them with better customer visibility and agility to respond.

ERP is a software of possibilities, and the chemical companies can turn these possibilities into opportunities. To survive, sustain, and thrive in the era of digitization, the chemical industry can make use of this software to integrate and collaborate better. It also helps to get expert consultants onboard to implement ERP smoothly and leverage it to maximize performance and reduce costs. While every company has a different set of problems and requirements, well-designed chemical ERP software can efficiently address individualized issues.

Key Takeaways

  • The chemical companies must conduct a complete analysis of their as-is IT infrastructure and identify the right ERP system for their requirements.
  • ERP is a dynamic, flexible software, and thus chemical companies can evaluate comprehensively better many aspects of their operations with the help of a single system.
  • With learned ERP experts, chemical companies can go places in terms of operating smoothly and delivering consistently.

About XcelPros

XcelPros is a Chicago-based company and delivers transformation through technology. We offer business and technology solutions with deep industry experience in Chemical, Pharma, Life Sciences (including Medical Devices, Bio-Medical & Biotech), Insurance, Discrete Manufacturing, Process Manufacturing, Distribution and Food & Beverage.

XcelPros is a Microsoft Gold Partner, Direct Cloud Solutions Provider (CSP) and a Systems Integrator (SI) offering software licensing, implementation and consulting services for Microsoft Dynamics 365, CRM, Microsoft Dynamics AX, Business Intelligence & Analytics (Power BI), SharePoint, Office 365 and Azure (Cloud, IOT, Microsoft Flow amongst many others).

Our mission is to provide integrated technology solutions that amplify impact and empower our customer’s businesses. We believe technology is the key enabler of exponential growth for us and our customers.

Contact XcelPros today to transform your business.

Call us toll-free – 1.855.411.0585 (or) visit www.xcelpros.com

Strenghtening Supply Chain Capablities

Strengthening Supply Chain Capabilities

Strengthening Supply Chain Capabilities 1440 810 Xcelpros Team

How Strong is Your Supply Chain?

Over the past two decades, many manufacturing operations have moved offshore to maintain lower operational costs across numerous industries. No one could have guessed that there would be a pandemic at the start of the year that would bring a large number of businesses and operations around the world to a grinding halt. The past few months highlighted gaps in various supply chains across the globe. Many companies that had pivoted operations found themselves scrambling to get their hands on materials needed to meet rapidly rising demands. Several factors would tie to the lack of availability, including any number of breakdowns in third-party suppliers’ supply chain, whether domestic or international.

For critical industries, not getting the materials they need can be catastrophic, but what is a vital sector?

What is a Critical Industry?

In 2001 immediately following the 9/11 attack on the United States, the USA Patriot Act was created to identify critical industry infrastructure and update essential workers’ designation. According to the USA Patriot Act, ‘Critical infrastructure’ is defined as “systems and assets, whether physical or virtual, so vital to the United States that the incapacity or destruction of such systems and assets would have a debilitating impact on security, national economic security, national public health or safety, or any combination of those matters” (USA Patriot Act of 2001 (42 U.S.C. §5195c(e)).

Critical Infrastructure is identified as functions that are essential for the functioning of a society and economy. Since then, the National Infrastructure Protection Plan (NIPP) identifies Critical Infrastructure Industries according to a list of 16 specific industries identified as essential to keep our country and economy moving.

Industries that are part of the list:

  • Chemical
  • Commercial facilities
  • Communications
  • Critical manufacturing
  • Dams
  • Defense industrial bases
  • Emergency services
  • Energy
  • Financial services
  • Food and agriculture
  • Government facilities
  • Healthcare and public health
  • Information technology
  • Nuclear reactors, materials, waste
  • Transportation systems
  • Water and wastewater systems

Understanding your Supply Chain

A robust supply chain is the foundation of any successful company, primarily when critical operations rely on getting raw materials in the door and finished products to customers on time. Without added cost, it is essential in the day-to-day operations. The impact of COVID-19 on supply chains around the world has taught us of a few things these past few months:

  • Raw material supplier relationships are essential.
  • There are massive constraints that exist within our transportation industry.
  • Security within the supply chain can cause unexpected challenges.

According to the Information and Communications Technology’s (ICT) Supply Chain Risk Management program, it is essential to know your immediate supply chain and an extended supply chain that may not have direct access to third party suppliers like their customer base. It’s common for products that were once in excess supply to be depleted as multiple sources procure the same item. This is where a good supplier relationship could mean the difference between getting access to a product or having to wait until more materials are produced.

Another aspect to consider is that while our guard may be down as we concentrate on keeping operations moving, things like data breaches are rising. According to the Risk Ledger Report, third-party app developers, payment processors, and remote worker infrastructure are among the top security threats currently on the radar of organizations.

Figure: 1Functions enabling modern supply chain management

There are Ways to Stay Ahead

Thankfully, there are solutions out there to help companies stay competitive. The latest version of Microsoft Dynamics 365 for Supply Chain Management, introduced in October of 2019, includes several features for building strong supplier relationships and minimizing risks.

Some of the more powerful features designed to help include

  • A Role-based Vendor Collaboration Portal
    Members of the procurement team can post and respond to Requests for Quotations(RFQ) and edit necessary company information. Companies and suppliers have access also to confirm, maintain, reject, and accept purchase orders.
  • Purchase Inquiry Options
    Available outside of the portal as an alternative to the RFQ process when immediate material pricing and delivery need to be met with your existing supply base.
  • Vendor Performance Analysis
    Includes a dashboard to real-time Spend Analysis and Vendor Performance insights into on-time delivery.

Most recently, as an add-on to the already robust Dynamics 365 Supply Chain Management platform, a public view into the new Dynamics 365 Manufacturing Accelerator has been made available (May 14, 2020). The Manufacturing Accelerator is a Power App designed by Microsoft to offer an enhanced Supplier Relationship Management experience, running natively with Dynamics 365 Supply Chain Management.

The primary features include processes to:

  • Qualify a new supplier
  • Onboard a supplier for data integration (API)
  • Manage and track Supplier Relationship Health Data

While the accelerator was created before the current pandemic, it’s turning out to be a great asset to procurement teams looking to strengthen their supplier sourcing capabilities.

Final Thoughts

It’s important to understand, especially after witnessing the impact COVID-19 has had on organizations around the world, that the priority of most companies is the safety of their employees, while at the same time ensuring they are getting products into the hands of their customers. Having a robust and secure platform like Microsoft Dynamics 365 Supply Chain Management helps make this a reality. The bonus of native integrations with Microsoft 365 and the security of the Microsoft ecosystem add significant value.

For more information on Microsoft Dynamics 365 visit our products page

About XcelPros

XcelPros is a Chicago-based company and delivers transformation through technology. We offer business and technology solutions with deep industry experience in Chemical, Pharma, Life Sciences (including Medical Devices, Bio-Medical & Biotech), Insurance, Discrete Manufacturing, Process Manufacturing, Distribution and Food & Beverage.

XcelPros is a Microsoft Gold Partner, Direct Cloud Solutions Provider (CSP) and a Systems Integrator (SI) offering software licensing, implementation and consulting services for Microsoft Dynamics 365, CRM, Microsoft Dynamics AX, Business Intelligence & Analytics (Power BI), SharePoint, Office 365 and Azure (Cloud, IOT, Microsoft Flow amongst many others).

Our mission is to provide integrated technology solutions that amplify impact and empower our customer’s businesses. We believe technology is the key enabler of exponential growth for us and our customers.

Contact XcelPros today to transform your business.

Call us toll-free – 1.855.411.0585 (or) visit www.xcelpros.com

Freight Visibility in the Chemical Supply Chain

The Importance of Freight Visibility in the Chemical Supply Chain

The Importance of Freight Visibility in the Chemical Supply Chain 1440 810 Xcelpros Team

Introduction

Having a complete view of inbound shipments is critical for chemical manufacturers not just for maintaining accurate product counts, ensuring on-time delivery or monitoring rising transportation costs, but also for keeping an eye on the Department of Transportation’s (DOT) requirements for transporting chemicals. The chemical industry being more highly-regulated, companies need to meet regulatory needs and address real-time issues. It will help in mitigating supply chain challenges in the chemical industry.

A Violation of Federal Hazardous Materials Regulations can cost your company a hefty sum between $79,976.00 and $500,000.

The consequences of failing quality controls and of initiating product recalls are too high to afford. With a rise in competition, increasing challenges related to transportation, and growing customer expectations amidst the Covid-19 pandemic, chemical manufacturers can’t afford to make any mistakes.

Managing freight can be an enormous task when you have to handle hundreds of shipments per day. When it comes to the chemical industry, the complexity multiplies as you need to ensure accurate product labeling for such a huge lot. Without clear visibility over the shipments expected daily, it’s impossible to plan the classification and storage of materials, and how much workforce is needed. Chemical companies need to ensure end-to-end supply chain visibility in order to run operations smoothly.

Consequences of Poor Freight Management

Poor freight management can result in a variety of problems for businesses and raise supply chain challenges in the chemical industry, including

  • Damaged, lost, or late deliveries
  • Customer complaints due to delays in processing
  • Delays in downstream work orders
  • Exceeded cost of freight due to carrier policies
  • Wasted raw materials and space due to unaccounted inventory
  • Decreased productivity due to poor scheduling

Unreported delays lead to an increase in inventory carrying costs, often as high as 30-40% of total inventory costs.

This list doesn’t account for accidents, either. What if hazardous materials get mixed up with another order? How will you know? Mistakes like this can be disastrous.

The Key Solution

Starting with raw materials, moving through production and on to end-user delivery, each stage of a chemical product’s passage requires planning, tracking, and implementation. Companies need a centralized and secured solution that offers flexibility and the ability to integrate, automate, and be optimized across different locations. Solutions that provide enterprise labeling benefit companies by boosting efficiency, accuracy, and reliability and offer significant cost savings amid these highly regulated environments.

Managing Hazardous Freight – Responsibility of the Manufacturer and Carrier

A manufacturer shipping product has the primary responsibility for identifying hazardous materials, which can be an essential task. When shipping chemicals, the company needs to ensure that all details are captured accurately to avoid compliance failures. Below is an example of things that need to be completed when preparing chemicals to be shipped.

Hazardous Materials Manufacturer’s Shipping checklist

  • The material meets the definition of ‘Hazardous Material’
  • The employee training for the job
  • Documentation includes the proper shipping name
  • Documentation includes correct Classification/ Division
  • Documentation includes correct Identification Number
  • Documentation includes correct Hazard Warning Labels and Markings
  • Correct Packaging is used
  • Blocking and Bracing requirements are outlined
  • Shipping Manifest is complete and accurate
  • The emergency Response information is included
  • Emergency Response contact information is up to date
  • Certifications are complete and up to date
  • Security plans and processes are up to date
  • Incident reporting procedures are up to date
  • Product Compatibility is accounted for when shipping multiple chemicals together

On the flip side, the carrier is responsible for validating the products being shipped by the manufacturer. They need to check that the materials provided by the shipper are accurately described and adequately packaged. They also need to ensure the vehicle to be used suitable for the materials being shipped based on determined guidelines. As well, the vehicles themselves must be in sound mechanical condition. Below are some additional considerations and responsibilities that fall upon Carriers when it comes to transporting hazardous materials.

Hazardous Materials Carrier Responsibilities

  • Documents and manifests are accurate and complete
  • Proper labels and Placards are in place on both the vehicle and the shipment
  • Loading and unloading of the materials are done safely per set guidelines
  • Employee Training is complete
  • Security plans and processes are up to date
  • Incident reporting procedures are up to date
  • Adequate Blocking and Bracing is used according to set guidelines
  • Product Compatibility is accounted for when shipping multiple chemicals together

The Real Cost of Freight

The actual cost of freight can only be realized when the product is checked after it hits the dock. Aside from additional fees from things like layovers, oversized cargo, after-hour deliveries, etc., the final cost of deliveries can be influenced by things like mispacked orders, incomplete manifests, or damages incurred during shipping and unloading.

Thanks to a greater volume, several available resources, and infrastructure size, large businesses aren’t as affected by fluctuations in costs due to shipping-based issues, but Small and Medium Business (SMBs) find themselves in a tight spot where they might have to negotiate as they ship in Less Than Truckload freight (LTL), with lower volumes. Unfortunately, manufacturers shipping products don’t always have clarity on what will trigger additional fees. These issues with inbound shipments can affect all departments in a supply chain: Sales, Planning, Purchasing, Production, and Accounting, and possibly more.

Understanding your transportation process inside and out is the most effective solution to address supply chain challenges in the chemical industry. Staying on top of every process, every step of the way lets you track and monitor the movement and condition of products from start to finish. Lack of visibility into shipping is the most challenging thing to correct and can significantly impact both manufacturers and shipping companies.

55%

of Third Party Logistics suppliers (3PLs) said they either lost business or didn’t know if they lost business due to lack of visibility of their offerings.

Source: A Recent Study by American Shipper

3 Transportation Challenges hindering the Visibility of Supply Chain

A supply chain can suffer from not knowing what’s going on once a product leaves the building, and the reasons are relatively simple. Poor visibility of shipping data is the culmination of the following:

01.Outdated Systems

Many companies still run their operations on antiquated systems, fundamentally designed for managing local-only supply chains. But successful supply chains operate globally, dynamically connecting production and procurement to sales and customer service with appropriate ‘in transit’ statuses. Maintaining freight visibility, especially for a multi-org/ multi-site/ multi-warehouse environment, is not an easy task, and obsolete systems make it an even more challenging objective.

A modern, cloud-based solution has the potential to provide a complete end-to-end view of a supply chain network. Switching operations to an integrated, multifunctional transportation management system (TMS) platform adds agility to your transportation network, ensuring seamless communication allowing organizations to respond proactively to unexpected issues and customer demands.

02.Disparate Systems

There needs to be effective coordination and collaboration across multiple sites/ warehouses to effectively manage a supply chain. Running a business on many different applications is one of the biggest roadblocks to total freight visibility. If your organization’s systems can’t connect with your vendors, there’s a good chance you’re missing something.

Integrating existing applications with suppliers improves inventory management, communication, and freight visibility into all active and pending shipments. Connecting a TMS with warehouse operations allows shippers to derive detailed insights from inbound and outbound logistics within a single unified platform.

03.Lack of collaboration

Tracking shipments in real-time is the core of transportation management. As loads are distributed across the thousands of different carriers utilized by 3PLs, it can be challenging to get reliable data from the entire carrier network. Trying to track shipping information manually, based on this unreliable data, leads to misestimated quotes and customer complaints. The power of business intelligence and advanced analytics can offer real-time visibility into shipping and location data to bridge this gap and deliver accurate tracking information directly from the supplier’s carrier to the shipper. The customer is anticipating the delivery. This real-time visibility into inbound shipments helps with planning and adjustments to downstream activities as required.

Helpful Checklist Items For Determining the Right Visibility Solution

Unfortunately, not all logistics solutions are capable of delivering real-time visibility of shipments or product orders. You may have to weed through dozens of providers to find a solution that offers end-to-end supply chain visibility that meets your requirements.

A few questions to ask before finalizing a solution that works for you include the following:

  • Do they have AI-enabled software that records the movement of the truck without human intervention?
  • Are they able to generate automated email alerts in real-time?
  • How is this truck connected to the TMS?
  • How are they connecting the driver?
  • How robust is the integration? Are they able to demonstrate its capabilities?
  • Are they using SaaS technology that offers remote accessibility of data anytime?
  • Does the technology let you access the new features without the need for on-premise upgrades?
  • Does the solution provide end-to-end service or just a part of the delivery ecosystem?
  • What is its integration capacity? Can it be connected with other TMS systems, Electronic logging devices (ELDs), or Enterprise Resource Planning systems (ERPs)?

Final Thoughts

The most important takeaway is gaining end-to-end supply chain visibility. Best-in-class organizations have embraced the real-time capabilities of supply chain visibility, compliance to improve their performance. Embracing newer technologies can offer better connections to all parts of the supply chain for manufacturing companies. Providing more up-to-date information and analytics can be used to make decisions that help improve the overall optimization of cost of freight.

Reach out to us to Learn More about Microsoft Business Applications that can help enhance Freight visibility.

About XcelPros

XcelPros is a Chicago-based company and delivers transformation through technology. We offer business and technology solutions with deep industry experience in Chemical, Pharma, Life Sciences (including Medical Devices, Bio-Medical & Biotech), Insurance, Discrete Manufacturing, Process Manufacturing, Distribution and Food & Beverage.

XcelPros is a Direct Cloud Solutions Provider (CSP) and a Systems Integrator (SI) offering software licensing, implementation and consulting services for Microsoft Dynamics 365 (Finance, Supply Chain, Sales, Marketing, Business Central), Microsoft Dynamics AX, Business Intelligence & Analytics (Power BI), SharePoint, Office 365 and Azure (Cloud, IOT, Microsoft Flow amongst many others).

Our mission is to provide integrated technology solutions that amplify impact and empower our customer’s businesses. We believe technology is the key enabler of exponential growth for us and our customers.

Contact XcelPros today to transform your business.

Call us toll-free – 1.855.411.0585 (or) visit www.xcelpros.com

Enhancing Chemical Supply Chain Management

How To Enhance Your Chemical Supply Chain

How To Enhance Your Chemical Supply Chain 1440 810 shahid.anis

At a Glance

  • The supply chain management today is all about enhanced visibility and proper accountability.
  • With challenges like varying laws and regulations for different geographies, fluctuating prices of the raw materials, and lack of visibility across the board, the chemical supply chain management needs advanced solutions.
  • The introduction and integration of advanced technologies can bring positive changes to the chemical supply chain management.

As the decade ends, globalization has reached new heights. There is massive activity and anxiety related to supply chain dampeners due to COVID-19. For the chemical industry, this has opened doors of opportunities. They are taking their products across borders and getting business from all over the world.

According to a market research study conducted by the ARC Advisory Group, the chemical industry accounts for over $150 million of the market’s revenue.

The above stat shows a considerable share, and thus, it would not be wrong to say that in today’s uncertain conditions, the chemical industry is looking forward to a secure future. However, such globalization has also led to various challenges and roadblocks, especially concerning the movement of chemicals from end-to-end. The stringent supply chain that works in silos is no longer sustainable or feasible for processes to run smoothly. To solve these issues, chemical companies can make use of the Microsoft Business Applications and enhance the operational efficiency of their supply chain.

In this article, we will look at some of the key supply chain challenges in the chemical industry in recent times and how technology is playing the key role in enabling a modern, integrated supply chain.

Top Supply Chain Challenges in the Chemical Industry:

Every company has its own set of challenges depending on various factors, such as the size of the company, locations of their manufacturing units, the structure of the individual supply chain, etc. However, there are certain common issues faced by the chemical industry pertaining to the supply chain.

Let us have a look at the key supply chain challenges in the Chemical Industry:

  • Increased globalization means dealing with the distribution of chemicals and related raw material in different countries. Companies struggle to keep up with the laws and regulations of varying geographies. There is also an issue of compliance and worker safety when it comes to hazardous chemicals.
  • The chemical supply chain management falls prey to manual errors and miscommunications, causing potential safety hazards and monetary loss.
  • The bottom line at any chemical manufacturing company is highly dependent on raw material, natural gases, and other such commodities. When the prices of these materials fluctuate, the entire supply chain gets affected.
  • Data management seems to be a big concern for supply chain managers in chemical companies. The data involves information regarding the chemicals, their compositions, raw materials, pricing, safety precautions, distribution lists, varying protocols for worker safety, client agreements, and more. To systemize this data and harness benefit from the insights is a big challenge faced by many chemical companies who have lesser access to advanced tools and applications.

FIGURE 1: Challenges faced by the chemical supply chain

3 Ways Technology is Reshaping the Chemical Supply Chain

01.Technology Enables Creating a Connected System

Now, the world is further connected with smart devices and related applications. These applications, along with a sophisticated Enterprise Resource Planning system, can help in systemizing the chemical supply chain. This would mean system-fed entries for different geographies, their respective laws, regulations, and mandatory compliances. The system would generate a corresponding alert to related personnel of these regulations promptly, mitigating any manual error or oversight.

A connected ecosystem also provides top-to-bottom visibility in the supply chain, which would offer the top-level decision-makers a clearer picture and greater transparency across the board. This also enables better accountability and finding loopholes in the chemical supply chain.

FIGURE 2: Technologies for a Better Chemical Supply Chain Management

02.AI Helps in Preempting Changes and Strategizing a Fail-safe Supply Chain Mechanism

As mentioned earlier, the chemical supply chain management is susceptible to changes in prices of raw material, oil, gas, and other such commodities. To stay ahead of the curve, one needs to analyze and preempt the global and regional changes. An AI-enabled program is capable of churning and analyzing data in real-time to provide estimated statistics regarding these changes. This not only helps the chemical companies to make necessary modifications to their supply chain but also to strategize accordingly.

03.Big Data and Cloud in Managing the Humongous Supply Chain Data

Data collation, cataloging, and analysis prove to be intricate tasks that need tenacity and are prone to manual errors. However, with progressive technological tools like Big Data and Cloud, one can store virtually any amount of data and get it analyzed with the help of software. This categorized and analyzed data can be leveraged to generate insights that will help in fortifying the chemical supply chain for smooth transitions and better efficiency.

There is no denying the fact that the chemical industry needs to adapt to changing times. Supply chain being the backbone of this industry, it is crucial to make smart use of the right technologies to harness maximum benefits.

Key Takeaways

  • Like any industry, the chemical industry is witnessing the need for change in different facets including the supply chain.
  • With the help of cutting-edge technological tools and applications, the chemical supply chain management will be systemized and optimized for overall enhanced efficiency.

About XcelPros

XcelPros is a Chicago-based company and delivers transformation through technology. We offer business and technology solutions with deep industry experience in Chemical, Pharma, Life Sciences (including Medical Devices, Bio-Medical & Biotech), Insurance, Discrete Manufacturing, Process Manufacturing, Distribution and Food & Beverage.

XcelPros is a Microsoft Gold Partner, Direct Cloud Solutions Provider (CSP) and a Systems Integrator (SI) offering software licensing, implementation and consulting services for Microsoft Dynamics 365, CRM, Microsoft Dynamics AX, Business Intelligence & Analytics (Power BI), SharePoint, Office 365 and Azure (Cloud, IOT, Microsoft Flow amongst many others).

Our mission is to provide integrated technology solutions that amplify impact and empower our customer’s businesses. We believe technology is the key enabler of exponential growth for us and our customers.

Contact XcelPros today to transform your business.

Call us toll-free – 1.855.411.0585 (or) visit www.xcelpros.com

The Role of an agile & cloud-based ERP in Chemical Manufacturing

The Role of an agile & cloud-based ERP in Chemical Manufacturing

The Role of an agile & cloud-based ERP in Chemical Manufacturing 1920 1080 shahid.anis

Modern Manufacturing

In recent years the chemical industry has witnessed a radical change in production methods. With technology gaining more attention in almost every sector, including manufacturing and distribution, business leaders need to upgrade their technology stack and outdated processes to meet the changing demands of the market. A rapid transformation of the Chemical manufacturing value chain is required to improve efficiency, productivity, quality, precision, pricing, and more.

While “Complexity” serves no good for business, it has been part and parcel of the chemical industry for decades. Many companies suffer from siloed department structures, disparate systems, inefficient data management, and a lack of streamlined processes due to lack of an agile ERP solution. These have all helped create roadblocks that hurt the bottom line of the business. Most companies don’t realize the gravity of the issue until the lack of integration between the floor and functional areas rears its head. As a result, it’s been easy for orders to get lost and product quality to suffer thanks to suboptimal production runs or poor capacity planning.

Chemical manufacturing companies need to take action by redefining their business models and re-evaluating their IT roadmaps. Chemical companies invest in transformation projects such as integrating a cloud-based ERP solution with operations to streamline processes, drive collaboration and efficiency, and offer much more informed decision-making.

Figure 1Agile ERP Solutions in Various Phases of Chemical Manufacturing

Unforeseen Circumstances: COVID-19

The COVID-19 pandemic caused havoc, severely impacting every industry. The functioning of departments such as production and shipping became increasingly challenging. As a result, hundreds of companies had to scale down their manufacturing operations by as much as 40-60%. With such fewer raw materials being supplied, by February, the global production of chemicals had dropped by 2.4%.

The drop in business severely impacted revenue in Chemical companies. On top of that, transportation costs have gone up, and priority has shifted to essentials. This sort of financial pressure has forced companies to downsize the workforce, yet having to continue the business, which now is enforcing rapid technology transformations at an optimal cost.

An Agile ERP in Manufacturing

Unlike many other sectors, businesses in the chemical industry may not be able to stop production and send workers home. On the flip side, many chemical companies are pivoting operations to meet the demand of the market.

Add to this, a unique share of challenges that already exist for the chemical industry, including issues like

  • Fluctuating prices of raw materials and their impact on margins
  • The need for constant product innovation
  • Increasing risks in supply chain & manufacturing
  • Tightening regulations
  • Market uncertainty, budget & controlling costs
  • Difficulty in resource management

To overcome these complexities, companies need to possess a detailed overview of the market to identify the shifting customer dynamics and plan appropriately. Cloud-based ERP systems for manufacturing can help identify market needs, shape the manufacturing processes, and finance a chemical company’s financial business processes.

6 Ways Implementing ERP will Improve Operations in Chemical Manufacturing

01.Improved Visibility

An agile ERP unifies data across departments, increasing the visibility of information across an organization, and eliminates unnecessary infrastructure costs while providing higher data security. Within a chemical company, process automation add-ons to the cloud ERP eases resource overload by optimizing workforce utilization on the shop floor. All departments across the company, including inventory management, purchasing, accounting, human resource management, production, and finance function together with a minimum breakdown and maximum clarity in operations. Agile cloud-based ERP systems for manufacturing can help a chemical company access real-time data on a uniform platform and boost throughput to reduce downtime.

02.Enhanced Flexibility

As market demand fluctuates, there is a growing need for increased adaptability in the manufacturing and supply chain, enabled using the right ERP solutions. A Chemical company can share important updates and revised manufacturing plans/ schedules utilizing the supply chain planning system to plan stock availability. An agile ERP system for chemical manufacturing should follow a tiered approach comprising

  • secure database
  • simple user interface and higher accessibility
  • easy integration with external tools

The Chemical industry has a unique set of functional requirements to accommodate Environment health and safety and OSHA regulations. Cloud ERPs give Chemical companies the flexibility to customize the solution to suit their needs without migrating data or altering the entire piece of software.

03.Better Collaboration and Transparency

Data associated with the right ERP leads to better collaboration across the enterprise. Complex business procedures often are simplified, and simpler processes with no controls are made more stringent due to an ERP implementation project. All modern systems have enough restrictions to enable a disciplined method of functioning, that companies may have missing. A process and rule-based system improves transparency and sets the organization for growth.

04.Better Supply Chain Efficiency

A successful ERP software implementation eases the complexity of supply chain management with better-informed demand and supply management. Data insights collected from a well-designed ERP system for chemical manufacturing can reduce inventory cost, enhance supply chain efficiency, and optimize production processes that, in turn, build a robust supply chain. Building supply chain efficiency has further benefits such as decreasing expenditure on raw materials, increasing profit leading to capital growth for any company.

05.Improved Production

Chemical companies often pay a hefty price if the system they use is lacking functionality. The typical end-to-end chemical production process comprises – scheduling lot production, estimating the cost of the lot produced, recording consumption of raw materials, recording route operations, quality control check on lots, and accurately recording yields. This process exchanges multiple hands and devices. A poorly designed manufacturing execution system can hinder the batches produced, draining resources, and add unplanned costs to the company. All you need is an agile, cloud-based ERP system for chemical manufacturing.

06.Enhanced Customer Service

With the right suite of ERP and CRM solutions, it is possible to fulfill the customer-centric objectives such as understanding the customers’ needs, improving service levels, and enhancing customer experience. An agile ERP that supports companies to attend to their customers’ needs and resolve issues faster ultimately drives customer retention.

Final Thoughts

A Chemical manufacturing company holds its share of challenges. Be it specialty chemicals, bulk chemicals, private-label, co-pack, or a contract manufacturer, having the right cloud-based ERP systems for manufacturing helps to build operational efficiency, bring products to market faster, reduce the cost of operations, be more agile, and responsive to market changes.

About XcelPros

XcelPros is a Chicago-based company and delivers transformation through technology. We offer business and technology solutions with deep industry experience in Chemical, Pharma, Life Sciences (including Medical Devices, Bio-Medical & Biotech), Insurance, Discrete Manufacturing, Process Manufacturing, Distribution and Food & Beverage.

XcelPros is a Microsoft Gold Partner, Direct Cloud Solutions Provider (CSP) and a Systems Integrator (SI) offering software licensing, implementation and consulting services for Microsoft Dynamics 365, CRM, Microsoft Dynamics AX, Business Intelligence & Analytics (Power BI), SharePoint, Office 365 and Azure (Cloud, IOT, Microsoft Flow amongst many others).

Our mission is to provide integrated technology solutions that amplify impact and empower our customer’s businesses. We believe technology is the key enabler of exponential growth for us and our customers.

Contact XcelPros today to transform your business.

Call us toll-free – 1.855.411.0585 (or) visit www.xcelpros.com

AI ml in chemical industry

Transforming Business with AI and ML in the Chemical Industry

Transforming Business with AI and ML in the Chemical Industry 1920 1080 Xcelpros Team

At a Glance

  • Innovation is the name of the game for chemical companies to optimize operations and enhance profits. To fast-track innovations, use of AI and Machine Learning in the chemical industry is crucial.
  • Many in the chemical industry are touting benefits of leveraging AI and machine learning to analyze data, systemize processes and mitigate errors by minimizing manual interventions.
  • Human-machine combination is proving to be a transformational phenomenon that can change the way the chemical industry is functioning in the USA and all over the world.

Introduction

The world is growing and seeing changes at an unprecedented rate. The year 2020 has shown us that advancement in science, especially the field of chemicals (and related fields such as biotechnology that deal with the vast majority of chemicals), cannot come fast enough! We need faster, error-free methods to test chemical molecules, computer-generated models for process optimizations, and digitally-adept sensors for quality controls. AI and machine learning play an integral role in efficiently taking the chemical industry towards a trend of modernization and innovation.

The path to digital transformation involves infusing AI into crucial processes and milestones. The journey includes digitizing assets, automating processes based on those assets (known as digitalization), and then creating new ways of doing business.

Figure 1 AI is the greatest commercial opportunity in today’s economy

When organizations invest in AI, the goal is to create and enhance digital experiences. AI apps can employ skills to mimic human cognitive functions such as vision, speech, and natural language understanding. By including these human-like capabilities, AI can enable organizations to construct digital experiences that are smart, fast, and helpful to end-users.

A recent study by Accenture shows some promising figures when it comes to use of artificial Intelligence in the chemical industry. According to research, companies that have implemented Industrial AI in the chemical sector are exhibiting significant benefits as follows:

72%report a minimum 2x improvement in some process KPIs

37%report a 5x improvement in KPIs

4 Ways of Applying AI and Machine Learning in the Chemical Industry

While every enterprise has its blueprint to follow when it comes to the application of tools and techniques on AI and Machine Learning, certain broader areas can be common for the chemical industry. Let us have a look at 4 such facets:

01.Data Crunching and Analysis for Molecular Activity Studies

Understanding chemical products and utilizing them for desired effects usually take years of analytical studies, laboratory experiments, clinical trials, farm trials, etc. However, these days, faster results that can mitigate manual errors and minimize efforts are required. Machine learning and AI tools are effectively used to feed and churn a humongous amount of data, and can systematically analyze the said data. This data churning and analysis will help separate chemicals that are effective yet have fewer or no side-effects from the ones that do not have desired effects or are toxic. Apart from the use of AI and machine learning in the pharmaceutical and pesticide industry, possibilities can also be explored in the manufacturing industry, which is heavily dependent on chemicals. Applying AI and machine learning in the chemical industry can also help expedite the efforts in fighting climate change by estimating the damage done by harmful pollutants. This will aid companies in making essential changes in their machinery and processes to minimize the pollutants being released into the water bodies and air.

02.Result-oriented Innovation and Boost in the Chemical Industry R&D Sector

R&D forms the backbone of any industry, and the chemical industry is no exception to this. Today, major players in this sector are looking for focused R&D and innovation that can yield faster and more accurate results following the use of artificial intelligence in the chemical industry. Machine learning tools can help in exercising this type of quick research with the help of computerized permutations and combinations. It can also help in recognizing the right molecules, generate formulas, and aid in knowing the precise quantities of different chemicals required. AI, on the other hand, can help in predicting chemical combinations that can be a breakthrough in terms of innovation. These innovations can boost the ongoing and upcoming efforts in the pharmaceutical, food, biotechnology, oil and gas, petrochemical, manufacturing, and many such industries.

03.Seamless Juxtaposition of Human and Machine Efforts

Since the introduction of computers in the workplace, humans and machines have proven to be the best combination for effective results. However, digital transformation and the introduction of layers and layers of machine-generated intelligence can make this combination even more successful than ever before. Imagine an idea that has come out of the human mind, but it can be analyzed, tested, and streamlined to mitigate risks or errors even before it has physically been put to the test? This can lead to unprecedented time and efforts being saved. Such amalgamation of human and machine efforts can influence the chemical industry to fast-paced innovations, productions, operations optimization, and other concurrent developments.

04.Preventative Measures and Predictive Forecasting

In today’s industrial world, competition is steep and it is essential for enterprises in the chemical industry to be prepared and to be proactive. AI and machine learning tools can help a great deal in this by predicting snafus or future maintenance requirements. Advanced analogs and mathematical models can also be used to estimate oil, gas, and other raw material demands so that the companies can streamline their supply chain in a manner that avoids potential delays and last-minute cost hikes.

While these applications of AI and machine learning cover the broad spectrum when it comes to the chemical industry, there is still a lot of research and development going on in this field. As the world embarks upon a new journey of Industry 4.0, it would be interesting to see more transformations brought in by the use of artificial intelligence in the chemical industry.

Where is the Challenge?

AI-enabled systems are helping companies achieve objectives, goals, and enhance user experience. However, each time a system is not maintained correctly, the process begins to decay by behaving unpredictably. Organizational leadership can thus lose confidence in AI as a process enhancement system. Moreover, organizations should have the required maturity—which encompasses strategy, culture, organizational structure, and core capabilities—to own an AI-based system responsibly. In some cases, this may mean a withdrawal or rejection of AI technologies based on unsuccessful attempts to adopt AI. Organizations or their customers may lose trust in AI as a technology, branding it as unpredictable or too hard to operate. This outcome will push real digital transformation further away and cause the organization to miss out on the powerful impact that AI can have on their business.

Microsoft has worked on defining an operational model that helps organizations assess their attributes that contribute to the adoption of AI technologies. A well designed AI Maturity Model assists organizations in gathering information related to the core characteristics required for teams. Forward-thinking organizations that have embraced AI are witnessing improvement in user behavior. The transformation meets all prime objectives of a Chemical company, mainly driving productivity, sales, Environment Health and Safety, appropriate management of hazardous chemicals in the warehouse.

Figure 2AI Maturity Model

Additionally, Microsoft has compiled prescriptive guidance associated with adopting the right AI technologies for an organization’s current maturity level, while advising on how to increase maturity to embrace more advanced AI capabilities.

Key Takeaways

  • AI and machine learning in the chemical industry can be critical players in clinical trials, farm trials and overall study of chemical molecules.
  • With the cutting-edge application of AI and machine learning tools, the chemical industry can streamline its processes and supply chain for better operations and enhanced profitability.

Explore how you can transform processes, engage customers, and modernize your apps with Microsoft Business Applications.

About XcelPros

XcelPros is a Chicago-based company and delivers transformation through technology. We offer business and technology solutions with deep industry experience in Chemical, Pharma, Life Sciences (including Medical Devices, Bio-Medical & Biotech), Insurance, Discrete Manufacturing, Process Manufacturing, Distribution and Food & Beverage.

XcelPros is a Microsoft Gold Partner, Direct Cloud Solutions Provider (CSP) and a Systems Integrator (SI) offering software licensing, implementation and consulting services for Microsoft Dynamics 365, CRM, Microsoft Dynamics AX, Business Intelligence & Analytics (Power BI), SharePoint, Office 365 and Azure (Cloud, IOT, Microsoft Flow amongst many others).

Our mission is to provide integrated technology solutions that amplify impact and empower our customer’s businesses. We believe technology is the key enabler of exponential growth for us and our customers.

Contact XcelPros today to transform your business.

Call us toll-free – 1.855.411.0585 (or) visit www.xcelpros.com

handling hazardous chemicals

The role of an ERP System in Handling Hazardous Chemicals

The role of an ERP System in Handling Hazardous Chemicals 1920 1080 Xcelpros Team

At a Glance

  • The chemical manufacturing industry is under severe scrutiny for ecological and environmental reasons. Chemical companies are required to maintain various documents such as safety data sheets and hazard labels with pictograms.
  • The hazardous chemicals produced or used by the industry need to be tracked and managed to meet the rules and regulations set forth by OSHA.
  • The right ERP systems can help companies in collating and systemizing the records of these hazardous chemicals for proper usage and disposal in a responsible manner.

Chemical Manufacturers – Managing Compliance

The chemical manufacturing industry has an expectation and in many cases even a mandate to work with added responsibility when it comes to the usage, transport, and disposal of hazardous chemicals.

Out of the more than 80,000 chemicals currently used in the United States, most haven’t been adequately tested for their effects on human health. Contract Research Organizations Global Market Report

Chemical manufacturers are an integral part of the overall chemical value chain, and the overall supply chain from ‘raw materials to finished products’ needs to be maintained with additional hazard visibility. How would these manufacturers manage compliance and adhere to proper documentation of hazardous chemicals? The answer lies in an ERP software system that can facilitate record maintenance, compliance, and visibility. A reliable ERP system has become the need of the hour for chemical companies – to act proactively and to avoid environmental or human mishaps.

The ‘One Microsoft Ecosystem’ with the embedded ‘Integrated Chemical Management’ solution will provide a comprehensive solution to aid all the needs of a chemical company – Supply Chain, Finance, Manufacturing, Quality, Document Management, or Chemical Data and Documents.

Figure 1Digital Business Transformation with One-Microsoft Ecosystem

Let us look at some of the ways compliance is achievable through the Microsoft ecosystem:

01.Being proactive instead of reactive:

Business processes would be simplified for bulk chemical or toll manufacturers if they could regulate hazardous substances from the point of inventory receipt through a purchase order or a manufacturing production order. Better management of dangerous materials is possible by an integrated chemical management system within ERP software. This unified system can automatically overlook the formulations, spot the hazardous substances, and evaluate them for their further use. This way, manufacturers will get to know the risk levels involved regarding the usage and distribution of chemicals. Identifying these hazardous substances at the beginning stage also allows manufacturers to act proactively rather than working reactively, leading to better safety.

02.Developing a Prototype/ Standard Operating Procedure for Worker Safety

It is important to note that manufacturers have found that even if they have implemented safety procedures in place for the wide range of chemicals used, mishandling and mismanaging the chemicals will jeopardize workers’ safety. Working with hazardous chemicals is inevitable for chemical companies making it business challenge to handle production and distribution of finished products. Microsoft Dynamics 365 integrates natively into Sharepoint and One drive, which are Microsoft’s document management systems. These integrated tools in the Microsoft ecosystem provide the ability to develop a standard operating procedure or prototype process to handle chemicals – avoiding chemical hazard accidents and enhancing workers’ safety on the shop floor. 

03.Facilitating Better Equipment Maintenance

Record maintenance for the equipment used in chemical plants is a tedious task. Microsoft Dynamics 365 helps in keeping a record of equipment maintenance and marking them for preventive/ proactive maintenance. These maintenance call-to-actions are system generated and can be automated, leaving minimal scope for manual errors. Chemical manufacturing companies can thus form a thorough strategy for equipment maintenance, repair, and operation.

Figure 2How an ERP System Helps in Managing Hazardous Chemicals

04.Systemizing Record Maintenance

The vast range of chemicals used by manufacturing companies need to be labeled for their chemical composition, risk factors, expiry dates, safety procedures, and other special instructions. There has to be a consolidated record of all these chemicals, their quantities, distribution, costs, etc. Such a humongous task is prone to different manual errors within legacy systems. Microsoft Dynamics 365 along with Integrated Chemical Management can maintain chemical data (for individual chemicals and on a consolidated level) through easy excel updates or interfaced updates.

Chemical companies can be assured of safely using,
distributing, and disposing of the hazardous chemicals through an automated workflow for adding and editing chemical data.

05.Meeting Compliance Standards

As mentioned earlier in the article, the world over, the laws are getting more stringent regarding compliance and regulations for hazardous chemicals. Chemical companies ideally look for an ERP solution that helps meet the local as well as international requirements, to function with least regulatory hassles.

 

70%of participants pointed compliance as the single largest priority for their company

80% of them cited monthly obligations to create, print, or affix workplace labels to containers in their inventory as a challenge

Per the 2017 Hazard Communication Survey

Microsoft Dynamics 365 with an embedded chemical management solution that can house chemical data, print GHS compliant labels, and Safety data sheets will be an ideal choice in order to reduce GHS related compliance issues.

To conclude, one could reasonably say that an advanced ERP system such as the Microsoft Dynamics 365 ERPs can become the backbone of record maintenance for hazardous chemicals. The chemical industry can benefit from this sophisticated software system and function seamlessly while also helping with environmental and personnel safety. Microsoft’s Chemical manufacturers Supply Chain solution provides a cutting-edge system to ease record maintenance, streamline the overall chemical supply chain, inventory, and warehouse management processes; and create a platform for productivity and growth.

Key Takeaways

  • An ERP system with chemical data is necessary for the chemical industry to manage OSHA and GHS compliance from within the system.
  • Microsoft’s integrated ERP software in conjunction with integrated chemical management solution is capable of smooth record-keeping of hazardous chemicals, print GHS labels, and safety data sheets.
  • Ultimately Chemical manufacturers need to ensure compliance along with environmental and worker safety with the help of the right ERP system.

Explore our Products page to learn about the different ERP Solutions available to jumpstart your evaluation process.

About XcelPros

XcelPros is a Chicago-based company and delivers transformation through technology. We offer business and technology solutions with deep industry experience in Chemical, Pharma, Life Sciences (including Medical Devices, Bio-Medical & Biotech), Insurance, Discrete Manufacturing, Process Manufacturing, Distribution and Food & Beverage.

XcelPros is a Microsoft Gold Partner, Direct Cloud Solutions Provider (CSP) and a Systems Integrator (SI) offering software licensing, implementation and consulting services for Microsoft Dynamics 365, CRM, Microsoft Dynamics AX, Business Intelligence & Analytics (Power BI), SharePoint, Office 365 and Azure (Cloud, IOT, Microsoft Flow amongst many others).

Our mission is to provide integrated technology solutions that amplify impact and empower our customer’s businesses. We believe technology is the key enabler of exponential growth for us and our customers.

Contact XcelPros today to transform your business.

Call us toll-free – 1.855.411.0585 (or) visit www.xcelpros.com