The Importance of Digital Transformation in Chemical Formulation Management

Deliver business value in the Chemical Manufacturing Industry

Accelerated product life cycles, evolving customer demands, volatile feedstock pricing, and shifting regulatory pressures are increasing the need for chemical manufacturers to evaluate their approach to formulation management. Indeed, the need for effective formulation management extends across the chemical manufacturing value chain as it impacts everything involved in the development and manufacture of chemicals.

For chemical manufacturing companies, digital transformation (DX) has the potential to deliver significant business value well beyond the incremental value that has been achieved in the recent past through technology implementations. While the value of DX extends across business functions, and truly extends across the value chain, one area of the chemical business that is ripe for DX is the area of formulation management.

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