Maximize business potential by identifying risks and opportunities.
The complex interdependencies of the chemical supply chain make it difficult for strategic planners to easily detect risks and opportunities. When optimizing your product portfolio, you must understand the macroeconomic and individual market factors that drive a specific chemical’s supply and demand.
Benchmarking your production cost and margins relative to your competitors and staying on top of the latest, cost-efficient manufacturing processes are imperative. You can’t afford to lose sight of potential market opportunities, emerging competitors or new technologies.
What IHS Markit can do for you:
- Identify areas of opportunity for portfolio optimization
- Enhance your competitive position, understand specific chemical market drivers, and keep pace with emerging chemical technologies
- Track increasing competition from domestic and international companies and growing industry complexity
- Capitalize on regional cost differences, monitor important industry changes and accelerate market penetration of your core products