The Chemical and Pharmaceutical Industry Must Break with Tradition
Tradition is Standing in the Way of Digital Transformation
The chemical and pharmaceutical industry makes innovative products, but businesses are often operated in a traditional way. Efficiency, safety and being able to respond rapidly to the outside world are more important than ever. System and chain integration, big data and the cloud are preconditions for meeting modern-day demands.
Chemical and Pharmaceutical Industry Not Yet Going Digital
The digital transformation is in full swing, but companies in the chemical and pharmaceutical industry are lagging behind. This is clear from studies by leading research companies. Paper, Excel spreadsheets and various databases remain the linchpin of business operations. As a result, things regularly go wrong because business units are not well connected to each other.
Automating and Efficient Communication with ERP Systems are Key
Companies in the chemical and pharmaceutical industry could make great strides by automating certain elements of their operations. The white paper Chemical and Pharmaceutical Industry Must Break with Tradition sets out how this can be done. The topics covered include:
- More efficient and safer production
- Machines communicating more quickly with APIs using the ERP system
- Improving continuity with machine data
- Using data to make material requirements planning more efficient
- Cloud use for chemical and pharmaceutical companies
How do Manufacturers of Chemical- and Pharmaceutical Products Become Future Proof?
A quarter of the companies in this sector plan to change their services and product portfolio during the digital transformation. On the other hand, nearly three-quarters of the chemical manufacturers surveyed do not expect to make any changes to their business model.
The question is, in the near future, who will be right? Businesses operating in a traditional way do not usually win over the long term. So it would be sensible to at least investigate the potential ways in which your organization could benefit from digital transformation. Take the first step and download the white paper today.