RightChain Chemicals and Commodities
Chemicals. Commodities. Plastics. Solved.
RightChain.ai
We have been fortunate to support many of the world's largest and most successful chemicals, plastics, and commodities companies. Our C&C clients include Anglo American, AquaChem, Antamina, BP, Holcim, SKC, and Propex among many others.
RightChain implementations simultaneously increase revenue, reduce expenses and reduce capital charges. The overall result is higher gross margins, higher profitability, and higher return on capital investment.
In supply chain terms, revenue increases via higher fill rates and optimized store delivery frequencies and timing. Expenses are lowered via optimized transportation, warehousing, and sourcing. Supply chain capital charges are decreased via optimized inventory levels, optimized logistics infrastructure designs, and optimized rates.
Historically RightChain implementations yield the following range of results.
1. Lower Inventory (9% to 36%)
2. Higher Fill Rates (2 to 7 points)
3. Lower Supply Chain Costs (8% to 23%)
4. Faster Retail Response Times (1 to 3 days)
Examples of results from five large RightChain implementations follow.
One of the world's most prominent oil and gas companies.... 4 points higher service levels, 17% less inventory, 2 days faster response time, 14% lower total supply chain cost
One of the world's largest mining conglomerates... 22% lower total supply chain costs, 12% less inventory, 6 points higher fill rate, 36 hour faster response time
An Asia-based mega plastics producer... 11% lower total supply chain costs, 19% less inventory, 5 points higher rill rate, 24 hour faster response time
One of the world's largest cement makers... 9% lower total logistics cost, 18% less inventory, 3 points higher fill rate, 24 hour faster customer response time
A major regional mining entity... 8% lower total logistics costs, 13% less inventory, 2 points higher fill rate, 24 hour faster customer response time