Industry Market Trends

Differentiating Yourself from the Competition in the Green Chemistry Supply Chain

April 4, 2013

By David J. C. Constable, Ph.D., ACS Green Chemistry Institute

Without a doubt, there are immense challenges facing the world today and every company needs to develop strategies to manage potential risks. These challenges multiply as a company has to work through an extended supply chain. From a broad sustainability perspective, one could outline challenges like food, water, energy, and related drivers, but from a chemicals perspective, there are a few other major challenges that most people don’t think about. If you look at a periodic table and ask yourself the simple question of, “Where do these elements come from, and how much of each does the world have left?” you may be surprised to learn that some key elements are not available in large amounts. Moreover, some of these elements are critical to our current way of life. It’s beyond the scope of this article to discuss in detail, but you may want to dig a little into the world’s supply of the platinum group metals (elements like gold, silver, rhodium, rhenium, platinum, etc.), indium, and phosphorus as just a few examples of elements we need to manage in a way that doesn’t result in our effectively “losing” them from routine commerce. Read More

Industry Market Trends

Manufacturing Growth Slows in March

April 4, 2013

The U.S. manufacturing sector continued to expand last month, albeit at a slower pace than in February due to weaker output and demand. However, the outlook remains strong heading into the spring. Read More

Industry Market Trends

Procurement Pros Focus on Education, Experience

April 4, 2013

Employees and managers within the procurement industry are becoming more educated and experienced, according to new research. Read More