The chemical industry is a significant contributor to global economies, with an estimated global revenue of about $3.5 trillion in 2020. According to a report by Grand View Research, the global chemical industry size is expected to reach $5.7 trillion by 2028, with a CAGR of 4.1% over the forecast period from 2021 to 2028. […]
Effective distribution channels play a pivotal role in maximizing profits for agrochemical companies. First, streamlining supply chain solution is essential. Companies should invest in robust inventory management systems, real-time tracking, and efficient transportation networks. By minimizing lead times and reducing stockouts, companies can ensure timely delivery to retailers and end-users. Optimizing warehouse locations and adopting […]
In today’s fast-paced and competitive business landscape, effective supply chain management has become a critical factor in determining a company’s success. The global market for traceability technology is projected to reach around $20.7 billion by 2027, growing at a CAGR of 14.3% during the forecast period. Traceability – the ability to track the movement and […]
The pharmaceutical industry is a complex and ever-evolving sector, where managing smart sales, especially secondary sales, remains a significant challenge for pharma based marketing companies. The intricacies of primary, secondary, and tertiary sales layers demand a nuanced understanding and strategic approach to ensure the effective movement of pharmaceutical products from production to the end user. […]
Introduction to Batch Manufacturing Operation Batch manufacturing has long been the backbone of many industries, from pharmaceuticals to food processing. It allows for efficient production of goods in predetermined quantities, ensuring consistency and quality. However, in today’s fast-paced and technologically advanced world, it’s crucial for businesses to stay ahead of the curve. Let’s explore the […]
In today’s fast-paced manufacturing industry, success hinges upon efficient processes and streamlined operations. 80% of the global workforce falls under the “frontline” category, encompassing individuals directly involved in production, customer service, and other operational roles. 70% of frontline managers desire an updated manufacturing process with the latest technologies to increase efficiency in a shorter timeline. […]