The material and chemical industries have sought to grow into high value-added industries, shifting their focus from technologically less challenging general-purpose items to advanced and sophisticated products. However, the price competition is intensifying in the field of high value-added products, too, due to the rise of emerging powers, such as Korea and China. In addition to further developing high value-added products, the material and chemical industries face the need to transform the operation model, with a view to platform business. As EVs enter in the public limelight, how to reduce the body weight has emerged as a big challenge, and demands and expectations of customers are expected to change significantly in the future. In addition to these environmental changes, the material and chemical industries face a myriad of challenges, including merger and consolidation, industry reorganization, expansion into overseas markets, environmental concerns, and surging “resource nationalism.”
ELAM Nepal offers a realistic solution that will achieve management efficiency and visualization quickly, in particular providing ERP centered business streamlining in the material and chemical industry at the global level.