Tech mahindra
Tech mahindra

Chemicals

​​The global chemicals industry has been experiencing four major trends during the current volatile global environment to sustain profitability
  • Adopting Industry 4.0
  • Managing transitions and deriving value from M&A and capacity consolidations
  • Achieve and sustain cost leadership through increased focus on driving high performance across the value chain - improving operational efficiency, optimizing on cost, asset utilization and reliability
  • Doing business with customer relevance in new age digital platforms and achieve sustainability goals

Chemical companies are increasingly looking at digital transformation through operations improvement and business growth

  • Industry 4.0 for Manufacturing – The Transformational play is in the area of improving the productivity of chemicals plants by various smart manufacturing techniques:
    • Predictive asset management – Maximize asset utilization and minimize unplanned downtime
    • Process Management and control – Minimize product variability and improve quality
    • Safety Management – Monitor assets and processes on a continuous and real time basis
  • Industry 4.0 for Digital Supply Chain – Companies are thriving for complete traceability &transparency across procurement and supply chain management through the digital supply chain.
    • Insights driven decision making through analytics is helping making supply chain smarter and cost effective.
    • Automation initiatives in SmartBots and RPA is driving out costs across the sourcing and procurement cycle.
  • Digital Workforce – Digital Workforce platform with API enabled communication to effectively manage the company’s talent pool, which will become increasingly critical for success in global and just-in-time economies
  • Customer Experience – From new revenue models by forward integrating into customer’s operations using the chemicals or using data services to augment existing revenues or enabling advanced analytics for selecting of materials, chemical companies are moving to digitalize the material selection experience
  • Digital R&D platform – Innovation platform on cloud built on Open source technologies, powered by big-data, AI/ML that will enable partners (vendors, academia, customer, consumers, regulators etc.)to participate and contribute to R&D. Blockchain enabled IP and patent management will be key with a real-time mechanism that will improve faster time to market and improve working capital allocation

Practice Highlights

  • Dedicated Centre of Excellence for Process Manufacturing
  • Global leader in delivering M& A integration capability
  • 50+ domain experts and consultants with global experience
  • Strategic investments with a long-term perspective (physical assets, strategic acquisitions, minority stakes in industry focused start-ups)
  • Strategic alliances with major vendors to provide cutting edge solutions
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Point of Views

Asset Tracking and Intelligence

Asset Tracking and Intelligence

5G Implications for Industry 4.0: IIOT & IOT in Manufacturing

5G Implications for Industry 4.0: IIOT & IOT in Manufacturing

WhitePapers

Network Infrastructure for Wireless and Secure Factory

Network Infrastructure for Wireless and Secure Factory

Success Stories

Know how a global industrial gas major customized and maximized its profit through online sales orders

Know how a global industrial gas major customized and maximized its profit through online sales orders

The customer is one of the frontrunners in global industrial gases.

Learn how a leading automotive component manufacturer benefited from a global data center in record time

Learn how a leading automotive component manufacturer benefited from a global data center in record time

The customer is one of the world’s leading automotive component manufacturers.

Find out how a company developed and executed fully functional mobile test equipment

Find out how a company developed and executed fully functional mobile test equipment

The customer is a leading producer of fuel measurement.

For further information please write to connect@techmahindra.com

For further information please write to connect@techmahindra.com