EXECUTIVE INSIGHT
ChemAnalyst is a leading innovator in chemical and petrochemical market intelligence , and has been at the heart of transforming how organisations work through the complexities of the modern market . By providing its users with real-time insights into demand , supply and pricing , ChemAnalyst empowers businesses to take more informed decisions .
Karan Chechi , CEO at ChemAnalyst , talked to Procurement Magazine about its innovative subscription-based model that ensures that clients receive accurate and up-to-date market insights . With a focus on predictive analytics and real-time data processing , ChemAnalyst is not just a provider of information but a strategic ally in navigating the complexities of the global chemical market .
What market need did ChemAnalyst identify that led to its creation ? ChemAnalyst identified a pressing problem in the chemical industry : the lack of reliable , timely and exhaustive market information . In the past , organisations relied on reports from specific time periods , using outdated information to make strategies . This led to lost opportunities , mismanaged supply chains and poor risk understanding . ChemAnalyst was created to address these issues by providing up-to-date , real-time information about the current market price , demand and supply situation . The need for a more flexible and adaptive data solution emerged as the chemical industry is vulnerable to global economic changes and industry innovations . ChemAnalyst provides timely information and the ability to foresee market trends , helping organisations make informed decisions and achieve better business outcomes .
“ChemAnalyst provides enterprises with timely information and an ability to foresee trends in the market ”
18 October 2024