Attributes of a Chemical SupplierTRADEASIA INTERNATIONAL PTE LTD

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This presentation is aimed to give you a rough idea on how to be a good chemical supplier so that your chemical business can be operated smoothly.

A brief idea on material sourcing, managing the dynamic supply and demand, and the logistics involved is discussed.

Material Sourcing

First question that may arise when you are thinking about trading is from where to get your goods from??Or where to source the chemicals from?

Material Sourcing

• Bulk Sourcing is mostly done and traded extensively on a 24 x 7 basis.

• Ensure material sourcing decisions are made with good visibility of activities at trading exchanges. This would allow appropriate reaction to be undertaken whenever a good trading deal arrives.

One must be prudent when exploiting any cost-saving opportunities as highly discounted raw materials might compromised on quality.

A good chemical supplier would provide assistance of support tools to evaluate usefulness of materials based on assay results and plant capabilities.

Supply Demand Management• Many of the customer orders are usually expressed in terms of “at least”

or “no more than” certain values of a given attribute.

• Therefore, demand forecasting that chemical suppliers undertake not only have to be attribute-based, management of customer orders also require understanding of the underlying principle of substitution as well as the rules of acceptable product replacement in production planning.

 Supply Chain and Logistics

• Due to the nature of their manufacturing process, many chemical manufactures have to coordinate inbound and outbound transportation of chemical products in bulk. 

• Ensure that the transporting hazardous materials follows the regulatory policies such as environmental, safety and security concerns. Also, make sure the transportation tools are subjected to maintenance requirements such as those pertinent to mandatory tank cleaning.

Supply Chain Management is the overall management of the way in which goods and services flow from supplier to manufacturer to wholesaler to retailer to consumer and so on.

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Tradeasia International Pte Ltd Presentation