What are the biggest challenges faced by inorganic chemical suppliers?

The biggest challenges faced by inorganic chemical suppliers mainly include the following aspects:
Complexity of supply chain management: The manufacturing process of inorganic chemicals involves a wide range of variables, and different processes can operate separately or in combination. Manufacturing can be mass-produced, and different types of processes can be used to produce various intermediate or finished products. The complexity of this manufacturing process increases the difficulty of inventory planning, pricing, procurement, and quality control, requiring a powerful and flexible way to monitor and manage all of these processes.
The global market competition is fierce: inorganic chemical suppliers need to operate in the commercial market, and it is particularly important to deliver materials on time and at appropriate prices. Service, speed, and reliability are key differentiating factors. If a company cannot meet customer requirements, customers can easily switch to another supplier, which increases the intensity of market competition.
The challenge of carbon peak and carbon neutrality: Traditional inorganic chemical production methods have high energy consumption and are difficult to achieve circular economy reuse. In order to achieve the goals of carbon peak and carbon neutrality, it is necessary to develop new low-carbon technologies and processes, which require significant investment in research and innovation.
Technological progress and changing demands in emerging fields: With the rapid development of efficient, green, low-carbon technologies, new information technologies, and new energy, AI is driving the emergence of new chemical synthesis and new chemical processes and products. This requires inorganic chemical suppliers to constantly keep up with technological advancements and meet the changing demands of emerging fields.