- Silo mentality in chemical companies inhibits performance.
- In many companies, operations strategy is confined to production, an overarching operations strategy rarely exists.
- In two thirds of participating companies, operations strategy is not aligned with global business goals, in less than 50% of the companies operations strategy has a clear customer focus.
- For improving operational efficiency the majority of participants applies operational excellence approaches, primarily LEAN and Six Sigma.
- “Internet of things” and digitization will have a strong innovative impact on operations strategies and operational excellence initiatives.
Chemical Industry Study: Operations Excellence 4.0
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