Simply put, ‘capacity planning’ is the process businesses use to make decisions on how much capacity is needed to meet demand. Along the way, companies aggregate historical data, produce forecasts, and interpret market and sales data to make determinations that drive resources such as eq

A study done by Accenture indicates that 55% of chemical companies that invested in digitalization report profit increases of 5–20%, while about 25% of the companies saw profits grow greater than 20%. Ongoing industry trends have amplified the need for chemical companies to digitize the supply

Asphalt is designed to be flexible when warm to prevent cracks, which works most places three seasons of the year, but in places with extreme winters it hardens, making it brittle and prone to cracks that disrupt the road surface. Supply chains are similarly built with flexibility and resiliency in

According to Gartner, every technology goes through a Hype Cycle: “Gartner Hype Cycles provide a graphic representation of the maturity and adoption of technologies and applications, and how they are potentially relevant to solving real business problems and exploiting new opportunities.

Digitizing core processes in combination with trading partner connectivity, helps supply chain leaders increase responsiveness and adaptability. As more organizations look to remove manual tasks from their operations, the ability to update suppliers and trading partners in real-time allows supply ch