Connecting chemical distributors and manufacturers

Assignment Help Management Theories

Reference no: EM133777945

Your task will be to answer specific questions and provide evidence-based recommendations to the Founders. These recommendations will need to be based on a thorough review of relevant research (please don't just go to ChatGPT to get generic information; they have come to you for thorough, research-based advice that is tailored to their needs). This is a research assignment so you will need to go beyond the core materials provided in this subject to gain a deeper understanding of the challenge and possible alternatives that the founders could pursue.

Your insights will help the founders to understand the options available; unpack relevant research perspectives; and make informed decisions. You can make a real impact!

First Step:

Watch the interview between Emma and Hector Williamson (Co-Founder of ChemCloud) that provides background about the task. Hector also provides information about the organisation's core values: Excellence and Customer-Centricity.

Case Study Details:

Seizing an opportunity.

ChemCloud was founded in 2021 by friends Hector Williamson and David Wright. David managed his family's industrial chemical manufacturing business while Hector was a consultant at BCG, supporting ASX20 companies to improve their procurement processes and launch digital products. David had seen firsthand how chemicals could drive product innovation and delight customers; but, he had also endured the headaches that came from dealing with daily transactions trapped in a world of phone calls, emails, faxes and spreadsheets. ChemCloud was born out of the founders' belief that there had to be a better way. When they didn't find it, they decided to create it themselves.

Welcome to ChemCloud: a digital procurement and sales marketplace that makes it easy to discover, buy, and sell chemicals. Through the platform, buyers can source all of their chemicals and raw materials from trusted suppliers, make payments, then track the location of their order and schedule production with confidence. Suppliers can create quotes and manage payments and delivery in a streamlined way. ChemCloud reduces waste by connecting chemical distributors and manufacturers at the right time. See figure 1 for ChemCloud's product description.

Reference no: EM133777945

Questions Cloud

Requirement of diversification and growth of a company : In light of this statement, critically analyse the role of training in Human Resource Development with the help of examples

Involvement work practices or total quality management : Evaluate three high-involvement work practices or total quality management (TQM) efforts to improve organizational effectiveness

Discuss value of multidisciplinary collaboration in managing : Discuss value of multidisciplinary collaboration in managing critically ill patients. How different specialties can work together for comprehensive patient care

Either implement or update within their policies : Determine which principles and processes your healthcare organization can either implement or update within their policies

Connecting chemical distributors and manufacturers : Reduces waste by connecting chemical distributors and manufacturers at the right time. See figure 1 for ChemCloud's product description

Produce diary documenting your performance : Produce a diary documenting your performance of the following tasks within the workplace or in the learning environment.

What does a data couple depict on a structure chart : What does a data couple depict on a structure chart? What symbols are used to depict it? What does a control couple depict on a structure chart?

Managers are born and not made : Managers are born and not made Do you agree with the statement, justify your answer/s

Identify and explain what you take to be the best : Identify and explain what you take to be the best response to this criticism and give your own opinion.

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