Embracing Innovation and Digitalization To Drive The Supply Chain Success

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Do you have your risk factors defined and in check? From plant disruptions and transportation delays to labor strife and feedstock availability, effectively assessing and mitigating holdups in your supply chain is a vital but overwhelming task. Hear best practices from experts on how to keep things moving.
• Learn how to considering the probability of risk and severity
• Hear lessons learned from contingency planning around natural disasters
• Assess the impact transportation delays has on your operation

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Structuring your organization in a way that increases efficiency is critical for true optimization. Gain insights on how to:
• Simplify your culture and network to create a more sustainable, effective global model
• Identify the internal and external factors within your supply chain that increase optimization so you can leverage them

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It was not long ago that the global chemical industry seemed doomed to stay in a high-cost environment dominated by historically high crude oil. But the shale revolution in the US helped fuel an oversupply of crude oil, leading to a collapse in pricing that sent shockwaves through the downstream petrochemical industry and wreaked havoc on supply chains everywhere. In the midst of today’s low-cost environment, have those in the supply chain learned the lessons of that shock, and are they prepared for the next wave of volatility?
• Look back at the relatively sudden change in recent years from a high-cost chemical environment to a low-cost one
• Learn how that has affected chemical producers, buyers, and distributors – all parts of the supply chain
• Understand volume/inventory behavior of market in high-cost and low-cost environments
• Gain key lessons from the downturn in oil/chemical costs and how those along the supply chain can prepare for the next sudden change

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Do you measure forecast accuracy at the aggregate or SKU level? To what level of detail do you measure? When you understand measurement considerations – and can justify how you forecast – you have the tools to optimize the tracking of performance with your global enterprise. Learn how to seal the gaps in your forecasting model and:
• Harmonize your metrics across the globe
• Successfully tie your forecasting to your inventory levels
• Leverage external markers (i.e. a customer’s build schedule and anticipated demand) to drive a forecast
• Bring R&D, customer service and IT into your integrated business planning process
• Explore methods and processes that include true integration of new products, as well as resource, scenario and financial planning

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Do you feel comfortable in your awareness of all the specific and unique issues in emerging markets across the globe? Hear lessons learned from ideal data management and apply them in your communication with every component of your global supply chain network – just to ensure you filled in all the gaps in complex data communication.
• Examine the total scope of your customer, product, performance and system data to ensure that the data points are consistent, distinctive and actionable
• Overcome import/export compliance management challenges
• Run a complete diagnostic on the capabilities of your established value chain partners
• Introduce new partners that have the capabilities that your current value chain partners do not posses

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There are many tangible benefits of having high perfect order rates. You carry less inventory, have shorter cash-to-cash cycle times, and deal with fewer stock-outs. If you fail to maintain perfect order rates, you deal with increased shipping costs, waste time and money replacing products, and suffer in revenue due to lost sales and customers. Don’t face the consequences.
• Understand the importance of collaborative planning and execution
• Learn proper documentation and invoicing techniques
• Ultimately deliver the right product to the right place, on time, in the right condition

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Attendees will select 2 of the following round tables. Each discussion will last 30 minutes, after which the attendees will rotate.

1. Efficiency through Systems and Automated Processes – What’s New!
Eileen Smythe, Director Business Process Optimization, Arkema

2. Rolling Out Appropriate Global Metrics to Ensure a Secure and Efficient Supply Chain
Steve Ahern, Manager International Logistics, BASF

3. Managing Supply Chain Disruptions: How to effectively manage the delivery of your product when a Port or Rail Goes on Strike
Lisa Matsinger, Acting Staff Director and Hazardous Materials Specialist, Federal Railroad Administration

4. Optimizing Your Supply Chain to Ensure Consumer Satisfaction
- Michele van Krieken, Global Supply Chain Manager, Fluoroproducts, Chemours

5. Considerations to Make When Utilizing a Contract Manufacturer
Jeff Baxter, Manager, Integrated Supply Chain, Pilot Chemical Company

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