Chemical companies typically have a very mature IT Infrastructure and in particular their ERP systems host a huge amount of transactional data which reside there without being fully leveraged. With the advent of new technologies like i.e. OLAP, Data Mining or In memory database technology it is now possible to structure and analyze these data and make them available in real time via preconfigured, role based dashboards, hence facilitating accurate and real time, confident decision making in challenging times by capturing a 360° view of business, as well as allowing to predict trends related to products, prices, market demands etc.

SAP has achieved a leading position in the Chemical industry over the past more than 35 years and provides tools and technologies which build on top of existing ERP or other business systems like i.e. SCM to support analytics and insight into business operations at strategic, tactical and operational level, hence enabling a closed loop process from strategy to execution.

See the latest article in Chemical & Engineering News and read how leading Chemical companies like DuPont, Dow Chemical, Dow Corning and Air Product are leveraging their ERP and Supply Chain Management systems as strategic assets which helped them to "see clear", thus allowing them to rapidly develop and deploy adequate responses to the current economic downturn.