The chemical industry faces several noticeable challenges of intensifying global competition, a volatile business environment, ever-increasing government regulations, fragmented suppliers, and hybrid logistics and distribution networks. Companies within the industry need to adopt new business processes to tackle these alarming issues for sustainable growth over the years. Adoption of digitization techniques will help companies reduce costs and enhance operational efficiency across the organization. Among the digitization techniques, having a structured and transparent supply chain along with integrated business planning will prove to be a significant differentiator.
Moglix provides a comprehensive suite of supply chain solutions to help chemical enterprises manage their spend proactively, build effective supplier relationships, and achieve better business outcomes through faster sourcing, improved compliance mechanisms, and real-time monitoring of cost and quality.