Trends in the Chemical Fulfillment Industry

When it comes to the chemical fulfillment industry, almost all manufactured goods these days depend on them. With that being said, in an industry that is growing to be more and more competitive, these chemical companies are beginning to adopt a variety of different industry trends in order to be able to stand out from their competition. This article will go into further detail as to what the current trends in the chemical fulfillment industry are. Continue reading below to learn more about chemical solutions.

The top trends that are shaping the chemical fulfillment industry

Customer centricity

This includes: meeting the need for flexible supplies, reducing lead times in order to fully support customer production, customizing supply chain solutions as needed.

Cargo-based supply chains

This includes: extensive compliance expertise for dangerous cargo as well as smart solutions to account for weight to value ratio, optimized solutions for low margin products and more.

Sustainability

This is a massive trend that will last for years to come. What this means is that a company will be: reducing their overall carbon footprint, working hard in order to meet local government regulations, and delivering products for a circular economy.

Push driven supply chains

This entails: managing inventory costs for made-to-stock processes as well as increasing customer loyalty for made-to-order processes and optimizing a working capital with more efficient logistics planning.

Modernization

Modernization includes: digitalizing for both operational and strategic purposes, working to increase speed of innovation, increasing transparency for customers through integration.

Offering chemical samples

Choosing to offer chemical samples can be an excellent marketing strategy. When a company offers chemical solutions and chemical samples, it can help offer a good first impression. A sample of products is the first interaction a customer will have with a company. In addition to this, it also allows the client to see the company’s labeling, product quality, service capabilities, shipping, and communication.

Seizing new markets

In order to capture new markets, these companies must respond to demand with agility as well as reach out to customers all of the world and tap into developing markets.

Working with OctoChem in the Chemical Fulfillment Industry

Our team of experts at OctoChem can help bring these trends to life as well as help grow your company with our services and solutions. For example, we offer chemical samples and chemical distribution solutions and constantly work to improve our facilities, our processes, our technical infrastructure and our service levels in an effort to meet the ongoing challenges of the industries that we serve as well as the specific needs of our customers.