The chemicals industry continues to see a volatile business environment. Chemical manufacturing companies face several upstream and downstream challenges, including the ever-increasing push toward sustainability, increasing regulations, oligopolistic supply markets, long lead times, and highly volatile energy and feedstock costs. The challenges are common across the industry — be it commodity chemicals such as solvents, surfactants, colorants, or specialty raw materials such as intermediates, active ingredients, lubricants, sealants and other such chemicals.

FORTIS provides a comprehensive range of procurement and supply chain solutions that help large chemical enterprises beat these challenges. From point solutions such as spend analysis and strategic sourcing to enterprise-wide transformation and outsourcing programs, FORTIS helps chemical companies achieve better business outcomes by  supporting them throughout the source-to-pay cycle.

We work with clients to develop short- and long-term sourcing strategies that are aligned to their business goals. We support clients with real-time supply market intelligence to drive timely and informed business decisions. Our experts use a range of commodity price forecasting models to help enterprise procurement organizations time the market and proactively manage their spend Our sourcing teams accelerate execution of identified opportunities by bringing all spend into the purview of existing contracts and leveraging FORTIS’ knowledge base of category data, RFQ templates and RFx/Auction tools for faster sourcing and improved compliance. Our experts develop detailed negotiation strategies for new or existing categories and markets, based on spend data, historical and projected demand, market structure and competition, among others, to help clients optimize their purchases in oligopolistic supply markets.