Report Details: This report is based on the analysis of financial balance sheet and income statement data within the Chemical industry for the period of 2010-2016. Overall, supply chain improvement in the chemical industry is stalled with companies unable to drive improvement while outperforming peers. The primary issue? Strong vertical organizational silos focused on efficiency without strategic alignment do not yield effective supply chain performance.
Objective: To use financial balance sheet and income statement data to better understand the state of supply chains in the chemical industry to determine which companies’ supply chains did the best on the delivery of a portfolio of metrics over the period of 2010-2016.
Highlight: During the Great Recession companies faced strong declines in spending. It was a critical time, but for many it was an opportunity to emerge stronger. Here we examine post-recession results. With a zealous focus on process and IT standardization, no company in the chemical industry emerged as a leader. As a result, no chemical company makes the list of the 2017 Supply Chains to Admire, with circular and overlapping performance year-over-year on the Supply Chain Metrics That Matter.