Wednesday September 13, 2017 | 2:00pm ET
Specialty chemicals emphasize what the customer wants to buy based on the product’s function or performance. While global outlook for specialty chemical products is good – from 2016 to 2021 volume consumption is expected to increase 3-3.5% annually – current products will commoditize because of agglomeration, increasing competition, and age. The operating model will change for those companies who wish to retain those customers who are unable or unwilling to change to newer products.
With a forward-looking approach to the design of the digital enterprise, a specialty chemical manufacturer can manage the challenges of both specialty and commodity production strategies with common tools with the agility to meet those challenges. Advanced scheduling as a beginning point in the digital enterprise has demonstrated superior results over manual or Excel-based methods by:
- Uncovering hidden capacity through Increase utilization of equipment
- Increasing visibility of manufacturing schedules
- Reducing of inventory (stockpiling)
- Improving agility to shifting customer demands
- Supporting both make-to-order and make-to-stock production strategies
Join Greg Quinn, CEO of Quinn & Associates and Fraser Bonnett, President of Quinn & Associates, as they discuss how the digital transformation will help specialty chemical manufacturers meet today’s challenges and maintain a competitive advantage. You will gain insight into a longer profit cycle for chemical products through better resource management.
About the Presenters:
Greg Quinn, CEO – Quinn & Associates
Mr. Greg Quinn is the CEO of Quinn & Associates Inc., delivering planning and scheduling solutions for manufacturers and service providers a wide variety of verticals. These verticals include aerospace & defense, printing, metals, foods, packaging, plastics, electronics, pharmaceutical, and apparel.
Mr. Quinn has nearly 40 years’ experience in delivering solutions for improved resource management and predictive analysis. Mr. Quinn has a B.S. in Mathematics and a dual M.S. in Industrial Engineering and Operations Research from the Pennsylvania State University. Mr. Quinn has published and lectures in the areas of resource management software, information systems, and project management, including several chapters to a recent book Finite Capacity Scheduling: Optimizing a Constrained Supply Chain.
Fraser Bonnett, President – Quinn & Associates
Fraser Bonnett is the President of Quinn & Associates and Director of the Preactor Business Unit. He has a Bachelor of Science in Aerospace engineering from the Pennsylvania State University. Before founding Quinn & Associates, he sent 10 years consulting with the US Air Force. His advanced scheduling experience includes glass, pharmaceuticals, food, secondary metals, and paper industries. He is also a specialist integrating Preactor with MRP/ERP and MES systems.