Fecc Commentary: Innovation and adaptability to drive growth in the supply chain

12 July 2013 09:41  [Source: ICB]

As distributors, our position within the supply chain, although certainly challenging, can be an advantage. The resilience most of our industry has shown during these challenging times is proof of this. At the European Association of Chemical Distributors (Fecc), we believe the adaptability of our industry's services and business models has been the key to this ­success.

It is not always easy to keep up with the constant changes that challenge us to adapt in a short period of time. The next few years will be a platform for significant change and progress in the chemical industry. The breakthroughs in technology, combined with the proven adaptability from our sector, make it a fertile ground for innovation. We need a mindset that enables us to not only survive but thrive in this new environment. We know that to truly support our members we have to be one step ahead and anticipate the industry's needs.

FECC

Fecc is here to work together with you to promote strong, sustainable and balanced growth for the chemical distribution industry

On the legislation front the coming years will be active, as we work to comply with EU and non-EU regulations. It is ­crucial the industry continues to dedicate ­resources to ­comply with the related challenges. The implementation of ­voluntary initiatives such as Responsible Care gives us an advantage and may help prevent additional legislation.

Leading European distributors are further extending their activities and boosting their presence in emerging economies. These activities are profitable thanks to the positive development in regions such as Southeast Asia and South America. Our agility and adaptability gives us a competitive edge when entering these foreign regions.

At Fecc we encourage our members to see beyond our times and deliver new customer value through innovation. Our industry is well prepared not only to take full advantage, but also to generate future opportunities.

As distributors, our position within the supply chain, though certainly challenging, can be an advantage. The resilience most of our industry has shown during these challenging times is proof of this. At the European Association of Chemical Distributors (Fecc), we believe that the adaptability of our industry's services and business models has been the key to this success.

In the pivotal time we live in, it is not always easy to keep up with the constant changes that challenge us to adapt in a short period of time. The next few years will be a platform for significant change and progress in the chemical industry. The breakthroughs in technology combined with the proven adaptability from our sector, make it a fertile ground for innovation. What we need is a mind-set that can enable us to not only survive but thrive in this new environment. At Fecc we know that in order to truly support our members we have to be one step ahead and anticipate to the industry's needs.

On the legislation front the coming years will be active, as we work to comply with EU and non-EU regulations. It is crucial that the industry continues to dedicate resources to comply with the challenges linked to these. The implementation of voluntary initiatives such as Responsible Care gives us an advantage and may in turn; help to prevent additional legislation.

Leading European distributors are further extending their activities and boosting their presence in emerging economies. These international activities are returning profit thanks to the positive development in regions such as Southeast Asia and South America. Considering that as an industry we are used to offering tailored solutions for different clients, our agility and adaptability gives us a competitive edge when entering these foreign regions.

At Fecc we encourage our members through our activities, to see beyond our times and deliver new customer value through innovation. Our industry is well prepared not only to take full advantage but also to generate future opportunities.

Fecc is here to work together with you to promote a strong, sustainable and balanced growth for the chemical distribution industry.


Author: Uta Jensen-Korte



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