Steelwedge for the Chemicals & Energy Industry

Companies in the Energy and Chemicals industries are enduring unprecedented change and competition. The companies continue to be challenged by economic uncertainty and their revenue performance is expected to track the general state of manufacturing economies of the world. Real prices across the industry have been flat to declining at a rate of 3 percent per year. Focus continues to be on asset utilization at the risk of higher inventory and distribution cost. Mergers and acquisitions have resulted in multiple systems. In such an environment, organizations are examining their business practices to find opportunities to increase margins and improve customer service levels.

Traditional methods and tools are often inadequate to support the speed and agility needed to respond effectively in such an environment without risking erosion of market share, excess inventories, and missed delivery dates.

The Steelwedge EPPM brings simplicity, power, and flexibility to bear on the toughest challenges faced by chemical and energy companies. Leading companies are using Steelwedge to improve their demand planning processes, resulting in shorter planning cycles and improved agility to respond to market changes. In addition, they are streamlining their S&OP processes and creating operations plans that meet key objectives – high customer fill rates, lower inventory levels, and on-target revenue and margin.

“We needed to streamline our planning processes and reduce planning cycle time across all our divisions. After a thorough evaluation of various vendors, we selected the Steelwedge solution for its ability to drive a consensus planning process in an organization of our size and complexity.”