F-Words

ASUG Best Practices: SAP for Industries

September 3rd, 2020 (Updated 03/24/2021)

Robert Smith & Garth Hoff
Industry Advisor at Pricefx & Global Director of Solution Strategy at Pricefx at

ASUG Best Practices: SAP for Industries The team that unites the SAP for chemicals network annually is excited to host a complimentary virtual experience designed to keep you connected. Join ASUG Best Practices: SAP for Industries Sept. 23–24 for content specifically designed for the SAP for chemicals ecosystem. Learn how your peers have optimized their supply chains, journeyed through SAP S/4HANA implementations, and built sustainable and resilient operations that can conquer disruption. We look forward to connecting with you virtually and seeing you again in 2021 when our in-person ASUG Best Practices: SAP for Chemicals conference resumes. Click the image below to register:...

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Manage

Addressing the Impact of the Coronavirus on the Chemical and Process Industries 

July 2nd, 2020 (Updated 03/24/2021)

Robert Smith
Industry Advisor at Pricefx

What is the Impact of COVID-19 on Chemicals and Process Industries? We’ve now conducted business for several months under the shadow of COVID-19, and it’s likely dramatically impacted our businesses and goals for 2020.  Some sectors have seen significant decreases in demand for products, which may be starting to rebound as economies reopen and employment increases.  Some sectors more closely tied to medical, hygiene, and food packaging have seen unprecedented demand and challenges in maintaining supply to customers.    A high degree of uncertainty remains on business conditions for the months ahead, as economies restabilize and the potential for a second wave of COVID-19...

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Insight

What to Expect from the Chemicals Industry – Pricing Trends & Predictions 2020

February 17th, 2020 (Updated 03/23/2021)

Robert Smith & Garth Hoff
Industry Advisor at Pricefx & Global Director of Solution Strategy at Pricefx at

2020 Predictions and Pricing: Chemical Manufacturing    Central to the modern world, the diverse chemical manufacturing industry (across oil, gas, plastics, and chemicals) has seen a tumultuous decade, with macroeconomic and business environmental factors gaining strength.   Looking forward, adaptability will be key.   Predictions for the Chemicals Industry 1. Ongoing Uncertainty and Volatility  On top of the expected uncertainty and volatility in the chemical industry in 2020, COVID-19 has added yet another dimension of uncertainty.  While late 2019 estimates already expected a drop in overall manufacturing levels for 2020, current events have caused a reset on demand expectations in the chemical industry in 2020. While recovery is expected in the second half of 2020, the amount of recovery is very dependent on the downstream markets served and the degree of a resurgence of COVID-19 as...

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