4th ANNUAL OPEX IN CHEMICALS SUMMIT 2022

The Indian chemical industry is at a transition point between a phase of extensive scale building and becoming a global leader. And one of the imperatives to make that shift happen, bringing a potential EBITDA impact ranging from an additional 4 to 7 percentage is through changes required in manufacturing excellence. Functional excellence offers a path to building sustainable competitive advantages over a relatively short span of time - typically between one and two years.

It has been estimated that through continuous improvement culture chemical companies can expect 20 - 30% throughput improvement.

India has the potential to become a global chemical manufacturing hub if the government and domestic players rise to the challenge of overcoming low capacity utilization and complex processes. Despite these challenges, or perhaps because of them, chemical companies are pursuing operational excellence as a very real way to streamline processes, optimize cost, create value.

Many in the chemical industry are setting a broad array of improvement goals across key areas of the business, and then working hard to attain them. In addition to following the best practices within their industries, Indian manufacturers are increasingly harnessing technology to improve further on their operational efficiencies. With Indian manufacturing moving ahead on its way to strong global competitiveness, operational excellence will more and more resemble a norm than a unique feature.

At the 4th edition of this forum we discuss some of the insights on how chemical manufacturers should efficiently implement the excellence initiatives and ensure sustaining the gains from them.

Conceptualized By

SPEAKERS

KEY HIGHLIGHTS

  • Application of OPEX to build a high reliability culture in the organisation - A systematic approach
  • Digitalisation - How to achieve operational excellence through digital transformation
  • Project improvement by integrating lean, agile, design thinking and P3M in chemical industry
  • Overcoming challenges in TPM (Total Productive Maintenance) of existing equipment through operational excellence in chemical industry
  • Manufacturing excellence - Industry 4.0: The next wave of OPEX
  • Environmental excellence - Effective implementation of safety culture through QEHS system approach

WHO WILL YOU MEET?

C level, Senior Management in Operations Management from Manufacturers of Bulk Chemicals, Specialty Chemicals, Agrochemicals, Fertilizers, Petrochemicals, Pharmaceuticals and solutions providers.

Managing Directors, Vice Presidents, Directors, General Managers, Heads, Managers from:

  • Production
  • Manufacturing
  • Operations
  • Plant
  • Engineering
  • Quality Assurance
  • Supply Chain
  • Strategic Planning
  • Business & Process Improvements
  • Supply Chain & Procurement
  • Inventory Management

KEY TAKEAWAYS


To get insights on how chemical companies should drive the excellence initiatives and ensure sustainability

Get acquainted with some of the emerging practices in achieving operational excellence

Get insights from industry case study

Get to learn collective experiences from industry experts

Get to network with senior industry professionals from operational excellence functions and major players of the chemical industry

WHY SHOULD YOU ATTEND?

A platform to learn from the collective experience of front running chemical manufacturers in India on their approaches, challenges and solutions being implemented for driving operational excellence programs.

TESTIMONIALS

Excellent two-day journey, it is kind of finance Wikipedia, covers all important aspects. Panel discussions were beyond expectation, excellent work by team Inventicon, keep it up.
Anil Bothra
Sr. Vice President
Grasim Industries Ltd.
Great opportunity to meet industry experts across industry under one roof.
Sudip Das
General Manager Finance
Emami Cement Limited
Excellent gathering of cross industry professionals, an effective platform to network and learn.
Mandar Borkar
Chief Financial Officer
Indoco Remedies Ltd.
Summit was organised very professionally, and it is a great place to meet and interact with industry experts.
Govindnath Jaiswar
DGM - Finance and Accounts
Eisai Pharmaceuticals India Private Limited
Gave a great exposure to transformation across all financial aspect.
Sriram Venkateswaran
FP&A Leader
Cognizant Technology Solutions India Pvt. Ltd.
Experienced professionals, relevant contents, and an excellent opportunity to network with industry experts.
Ashutosh Prabhudesai
Finance Director
Fujitsu Consulting India Private Limited
Lots of great sessions, loved the session on CFO's partnering with CEO's for driving business growth and more importantly, long term value creation for all stake holders.
Hrishikesh Karve
Director- Finance & Legal
Logicserve Digital Pvt. Ltd.
All panel topics and personal + corporate journey examples shared by speakers are providing good insights for learning.
Mihir Damniwala
Financial Controller/ Information Officer
LearningMate Solutions Private Limited