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How Specialty Chemical Manufacturers Can Grow Internationally

How Specialty Chemical Manufacturers Can Grow Internationally

Growing internationally is an inevitable challenge that companies must face to remain competitive and capture new opportunities. Often, it can mean acquiring new companies around the globe, which then leads to new marketplaces for products and services as well as a new source for raw materials. However, expansion through acquisition presents its own challenges. Many U.S chemical manufacturing companies reach a point where in order to grow they need to expand and change internally. Unfortunately, many companies never truly achieve this--they are simply U.S companies with international locations and not a true global company with streamlined business processes throughout.

As companies make international acquisitions, they tend to leave the acquired companies on their legacy ERP systems using their own legacy business processes. But a true global organization can streamline business processes and have a real-time, accurate view into all operations around the globe. Being an integrated and streamlined company is key to being a true successful globally operated organization.

A Solution for the Best Way to Grow Internationally:
Specialty chemical manufacturers should look to a solution that allows for a global master data management tool. A standard global system allows companies to employ more professionals and maintain a worldwide presence with each location operating under the same software, seeing one common view of data and information.  Think: five legacy systems today; tomorrow, one unit.
 
Implementing an Effective Global Solution Helps With:
  • Creating one common platform throughout each company location around the globe
    • Better alignment between corporate and business units
    • Visibility into performance metrics and entire enterprise
  • Change Management
  • Intercompany Trading
  • Multilanguage barriers
  • Multicurrency
Microsoft Dynamics 365 for Finance and Operations: A Global ERP Solution
Edgewater Fullscope has extensive experience in helping chemical manufacturing companies implement Microsoft flagship ERP systems, such as Dynamics 365 for Finance and Operations. We provide guidance on how to conduct an effective global design that encompasses the input from all international locations, in order to get everyone’s buy-in.  Contact us today to chat and request a demo of Microsoft Dynamics 365.  

D365, ERP, Chemical Manufacturing, Finance and Operations