By: ICN Bureau
Last updated : August 20, 2025 9:57 am
Speakers are: Ravikumar Nair, Sr. Vice President - Logistics, Head SCM Operations - Petrochemical Business, Reliance Industries Ltd.; Susheel Mittal, Chief Supply Chain Officer, Laxmi Organic Industries; Sumanto Bhandari, President & Chief Procurement Officer, Finolex Industries; and Devarajan Iyengar, Global Procurement Strategy Manager & Head – India Procurement, BASF Chemetall
Indian Chemical News , an online news media covering Chemicals, Petrochemicals, and Energy sector, is organizing its Fourth Edition of ChemConnect 2025 on August 21, 2025 at Novotel Mumbai International Airport, Mumbai. The main theme of the Summit is "Disruption, Innovation, & Resilence”.
Please register as a delegate by clicking on the link (https://www.indianchemicalnews.com/chem-connect-2025/register.php).
Speakers for the session on "Digital Transformation in Chemical Supply Chains: Challenges & Opportunities" are: Ravikumar Nair, Sr. Vice President - Logistics, Head SCM Operations - Petrochemical Business, Reliance Industries Ltd.; Susheel Mittal, Chief Supply Chain Officer, Laxmi Organic Industries; Sumanto Bhandari, President & Chief Procurement Officer, Finolex Industries; Devarajan Iyengar, Global Procurement Strategy Manager & Head – India Procurement, BASF Chemetall; and Pravin Prashant, Executive Editor, Indian Chemical News.
Digital transformation in the chemical supply chain offers opportunities to enhance efficiency, sustainability, and resilience through technologies like AI, IoT, and blockchain. However, challenges like high costs, cybersecurity, and workforce readiness must be addressed. Start with targeted pilots e.g. IoT for shipment tracking, prioritize cyber security, and invest in training. Measure success with KPIs like cost savings, emission reductions, or compliance accuracy, and foster collaboration with tech providers and regulators to ensure safe and scalable transformation.
Points to be discussed during the session are: Role of AI, IoT, and blockchain for real-time visibility and risk mitigation; Cyber security challenges in digital logistics networks; Leveraging data analytics for demand forecasting and operational efficiency; Data integration and quality; Increased efficiency and cost reduction; and Cost and investment.
The session will talk about how digital transformation in the chemical supply chain involves integrating advanced technologies like AI, IoT, blockchain, and automation to enhance efficiency, transparency, and resilience while ensuring safety and compliance. It will focus on addressing the complexities of handling hazardous materials, stringent regulations, and global disruptions by enabling real-time visibility, data-driven decisions, and streamlined operations.