Business Intelligence

Asset Management in the Chemical Industry Supply Chain

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Executive Summary

Modern industry relies upon a steady supply of gases, fuels and other industrial chemicals used in the manufacture of a broad variety of products. The business of the Chemical industry is to produce these substances and transport them to the facilities where they will ultimately be used. Because the Chemical industry commonly transports highly toxic, explosive or otherwise dangerous substances through its supply chain, extraordinary care must be taken to ensure that Chemical supply chains function smoothly and safely. In addition to spoilage, spills, accidents and compliance with government regulations, security is also a major concern since hazardous chemicals, if they were to fall into the wrong hands, could wreak untold destruction on human life and property.

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