The chemicals industry faces numerous challenges: volatile demand, eroding margins, pricing pressures, intense competition, inflation, supply disruptions and strict regulatory requirements. To succeed in this demanding environment, companies must explore new sales channels, identify emerging demand areas and digitize value chains for enhanced visibility and efficiency. Building resilient supply chains through diversified sourcing and achieving ESG goals are also critical. Collaboration between procurement and supply chain teams is essential to uncover value, control costs and advance sustainability.
Empowering the Chemicals Industry with Tailored Solutions
From strategic cost management to digital transformation, GEP’s comprehensive approach helps chemical companies navigate volatility, drive efficiency, and achieve sustainable growth.
Our Approach
GEP offers comprehensive solutions to help chemicals companies navigate industry challenges. Our expertise supports forecasting, raw material pricing, sustainability assessments, and transformation initiatives. We partner with companies to achieve long-term sustainability goals, identify optimal supply bases, and mitigate rising costs. GEP's advanced supply risk models and assessments strengthen value chains.
GEP SMART™, our end-to-end sourcing and procurement platform, helps chemicals companies combat inflation-driven cost increases through a range of powerful, easy-to-use sourcing tools, while GEP NEXXE™, our AI-powered, digital supply chain management platform, provides real-time visibility and intelligence that enable enterprises to adapt to changing market dynamics.
Our Solutions
Our solutions help chemical companies drive efficiency, manage risk, and optimize supply chains through strategic cost management, sustainability initiatives and advanced digital transformation.
- Strategic cost management and indirect spend reduction
- Supplier and enterprise risk management
- Sustainability program
- Capital spending management
- Feedstock and raw material volatility
- M&A services, including M&A clean-room services, post-merger integration and synergy cost-reduction programs
- Digital supply chain optimization, including supply chain restructuring services, integrated planning model design with collaborative planning, forecasting and replenishment
Why GEP
GEP is a one-stop shop offering end-to-end consulting and technology solutions for procurement and supply chain. We have extensive subject-matter expertise in direct, indirect and logistics categories across various industry segments, from commodity to specialty to agrochemicals and consumer products.
Our strong global services presence across all regions, particularly in India and China — which are major hubs for chemical manufacturers — enables us to assist chemical companies in navigating volatile demand, rising costs and endemic risks to their bottom line.
Leading Chemicals Enterprises Count on GEP to Achieve Results
55%
Exceeded savings targets by a U.K.-based chemicals company
70%
Reduced supplier base for a global chemicals company
$15M
Generated over a quarter for specialty chemicals manufacturer
Subindustries
Commodity chemicals producers are under pressure from regulation and volatile crude oil and natural gas pricing. GEP provides oil price value capture and should-cost models to help address these challenges.
Dynamic demand patterns and the changing nature of demand, plus changes in product portfolios, are some of the challenges in specialty chemicals. GEP addresses them by offering oil price value capture, should-cost models and market intelligence services.
Agrochemical producers are experiencing the effects of inflation and rising raw materials prices. GEP addresses these challenges by providing market intelligence, make-vs.-buy assessments, should-cost models and contract manufacturing transformation.
Volatility in the feedstock market and major shortages in commodities are affecting consumer products manufacturers. GEP can help to manage these challenges by providing supply risk assessments and market intelligence.
An increasing focus on sustainability means petrochemicals companies must curb emissions while continuously driving lower costs, especially capital. GEP provides sustainability offerings and capex management services to help address these issues.