Chemicals

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Chemicals

In order to take advantage of the emerging opportunities and counter rising competition, chemical companies need to focus on growth and cost reduction. Our Inmacs team has helped its clients in the chemical industries accelerate their business objectives through incisive actionable intelligence. We help companies in this sector maximise business value with solutions designed specifically to minimise costs along with the safety norms.

We provide regular inputs to strategy heads of chemical manufacturers

We also do detailed research included sourcing strategies, costs of raw materials, key competitors and customer segments; along with demand projections for the products of chemical industry and inform our clients about these

The primary focus is on safety regulation.

We improve our productivity and acquire technical know-how to produce high-end chemical products. Some producers have signed strategic alliances with their global counterparts as well.

The chemical industry today faces a challenging environment and competitive landscape. INMACS can help such companies understand and react to a number of industry wide issues, including

 

  • Portfolio management
  • Complex regulatory environments
  • Driving operational excellence
  • Targeting emerging growth
  • Adapting to innovation and global mega trends

We play a key role in identifying the issues as well as potential opportunities prevalent in the sector and offers customised solutions to its clients.

We also indulge in commercial due diligence, business planning, bid advisory and mines feasibility studies. The value propositions offered by the Operations Consulting team to help clients successfully manage and overcome operational challenges include throughput and productivity improvement, quality and process capability improvement, supply chain integration and optimisation.

We establish a business model which considers tax when designing or revising a supply chain strategy. This will help organizations to enhance the efficiency and effectiveness of their value chain, reduce operating costs and transform operational processes. It is the integration of tax planning into business and supply chain restructurings that may involve the relocation of assets and functions across jurisdictions. Chemical companies that chooses this can potentially enjoy very significant tax savings.

We coordinate between their tax and customs compliance teams and develop a strategic transfer pricing policy designed to satisfy international guidelines, specific country customs regulations and business objectives.

Also deal with transfer pricing issues.

Optimizing the effect of indirect taxes triggered within the supply chain, such as VAT and custom duties.

We along with our clients are identifying more ways to reduce customs duty costs, streamline international trade operations and enter new and emerging markets.

Companies that coordinate between their tax and customs compliance teams can develop a strategic transfer pricing policy designed to satisfy international guidelines, specific country customs regulations and business objectives.

Many growth strategies developed by chemical companies include targeting sales to emerging markets and supporting growth through mergers and acquisitions (M&A). Both strategies are laden with export control implications that need to be carefully considered.

Entering emerging markets creates the necessity to stay abreast of foreign relations and other local trade-related movements. These controls can delay or even prevent imports. In response, chemical companies have been exploring alternative shipment routes or ways to hold products in bond.

Today’s chemical companies can improve their competitive position by understanding both risks and opportunities related to global trade and customs. The first step may be to assess current conditions and expected developments in your existing and target markets with regard to import and export activity. You also need to determine that savings opportunities are addressed and compliance elements are integrated into the company’s broader business and risk strategy.

Companies that successfully address these issues and include trade and customs elements in their business and risk strategies will be better positioned this year and in the future

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