Indian Chemical News (ICN), the most credible online media platform for Chemicals, Petrochemicals, and Energy sector, is organizing an e-Conference on “Maximizing Profitability through Chemical Supply Chain Optimization” on June 06, 2024 at 3:00 PM - 4:30 PM (IST). One can register as a delegate for the session by clicking on the link (https://us06web.zoom.us/webinar/register/WN_otxufvP8TGuNuOIPJ45u4w ) 

The e-conference is part of an exclusive series of select invite-based webinars and editorial articles focused on transforming chemical and petrochemical sectors in India.

The Speakers for the session are: Munish Rathi, Chief Manufacturing Officer, Chlor Alkali (India) Business, Aditya Birla Group; Arun R Salvi, Head – Supply Chain, Petchem, Reliance Industries, Dr. Prasanta Gupta, Chief Procurement Officer & EVP, Aarti Industries and Dr. Warren Becraft, Sr. Principal Solution Consultant, AspenTech. The session moderated by Pravin Prashant, Executive Editor, Indian Chemical News.

The session will delve deep on subjects like improving operational efficiency to enable quicker decision making and enhance collaboration by fostering transparency across your organizations’ supply chain. It will also talk about achieve inventory optimization by balancing inventory levels to meet demand while minimizing costs. The participants will gain insights into ensuring readiness for sustainability requirements and emissions monitoring through supply chain for export markets. The discussion will highlight how to close the gap between planned vs actual through real-time monitoring to improve your S&OP success matrix. The objective of the discussion is to share with industry on optimising value chain across organization, by balancing capacity, inventory, and transportation.

The chemical supply chain landscape has undergone unprecedented challenges in recent years, marked by new levels of complexity, disruptions, and pressure to meet customer demands.

Digitalization and automation are transforming the chemical logistics industry by increasing efficiency, productivity, and accuracy while reducing costs and risks.

With the use of advanced technologies like Supply Chain Management (SCM) software, companies can gain real-time insights into their supply chain and improve the efficiency of logistics operations. Digitalisation also makes communication within the supply chain smoother and faster, reducing the chances of delays or errors. Secondly, sensor technology is being used to monitor temperature, humidity, light, pressure, and other conditions during the transportation and storage of chemical products.

By using advanced analytics, data can be analyzed for pattern identification, operational insights, and forecasts, leading to optimized transport routes, real-time tracking and monitoring of chemical products while en route to the destination. Blockchain technology is being used to enhance transparency and traceability in chemical supply chains.

The e-conference is supported by AspenTech whose solutions address complex environments where it is critical to optimize the asset design, operation and maintenance lifecycle.