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WHITE PAPER: What is Business Cycle Analysis?
Business Cycle Analysis is a vital aspect of economic analysis, guiding decision making for businesses, investors, and policymakers. At ChemQuest, we recognize its importance in strategic planning. However, we have learned through Voice of Customer that many of our clients are not using Business Cycle Analysis in their current forecasting and data analysis.
Our Coatings TraQr™ platform provides a powerful Business Cycle Analysis tool that allows you to track indicators within the business cycle. This gives you a competitive edge by enabling you to make informed strategic decisions ahead of your competitors.
Don’t look now, but PFAS is EVERYWHERE!
These are uncertain times with regard to PFAS that are of critical importance for a variety of applications in a number of vitally important global industries. While nothing is currently certain, it is likely that common sense will prevail in the long term. At worst, PFAS for certain applications will be declared “set asides,” enabling their use in critical areas to continue. At best, the global regulatory agencies will consult with each other to decide upon appropriate scientific (rather than knee jerk) approaches to determining which PFAS actually pose threats to human life and the environment. As with most things, it is likely that Aristotle’s “Golden Mean” (the midpoint between extremes) will prevail, and we will have neither the best nor the worst outcome with regard to the PFAS issue.
Emerging Technical Trends in the Powder Coating Industry
Innovation in powder coating technology is alive and well thanks to the creativity and hard work of powder formulators and polymer scientists. The emerging needs of the dynamic industrial coatings industry are being met by a renewed effort to innovate and provide ecologically friendly and sustainable powder technology. The latest advancements are opening up new opportunities in alternative substrates, e-transportation, highly corrosive environments, and thin film powder coatings.
WEBINAR: Process Optimization and Overall Equipment Effectiveness
The first webinar in our Operational and Manufacturing Excellence limited webinar series in partnership with the American Coatings Association, “Process Optimization & Overall Equipment Effectiveness (OEE),” was held June 22. ChemQuest director Robert Kramer detailed operational efficiency, yields, margins, and quality that translate to increased EBITDA. Attendees gained an understanding of the development and implementation of key performance indicators (KPIs) for maximum profitability (ROI), as well as methods to implement and sustain improvements in manufacturing operations, processes, SKUs, and production.
Business Strategy: Tips for Optimizing Digital Tool Implementation
Digital strategy has become a common industry catchphrase. In reality, digital strategy and all of its semantic offshoots (i.e., digitization, digitalization, digital engagement, etc.) should serve as implementation tools of your overall business strategy. While proponents have prepared many well-developed visions of a future that digital can enable, it can be difficult to know where to start. To ensure success, fully explore the most effective timing and method(s) for your digital tools to trigger various human interactions. Digital tools should integrate with existing systems and processes such that the entire operation works effectively with minimal involvement of your personnel while achieving maximum customer impact.
The Sticky Business of Adhesives Sourcing and Replacement
Manufacturers have dealt with numerous supply chain disruptions over the past several years. Identifying alternative sources for materials and products used in the manufacturing process is a necessary strategy for any company trying to limit the ramifications of these disruptions on its production capacity and end-product quality. The process can be complicated with adhesives, as adhesive performance varies quite broadly depending on the base chemistry and specific product formulation. Finding the optimal balance of properties for each application is therefore key when sourcing adhesive products.
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