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Analytical Approach Cuts Chemical Firms' Supply Chain Working Capital 10%-30%

5:18 AM MDT | July 11, 2011 | Alex Scott

An analytical approach to supply chain management developed by industry services group CSC is leading to tangible bottom line cost reductions for chemical companies, CW has learned. The approach typically yields sales increases of 1-3%, reduces the cost of goods sold (COGS) by 2-5%, and reduces working capital 10-30%.   The analytical systems employed by CSC enable a more demand-driven approach to supply chain management, says Bradley Jon Barton, partner for supply chain management at CSC.   The improvement potential not only drives improved company...

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