Profile "CHEMICALS & LIFE SCIENCES"
IT'S ALL ABOUT FINDING THE RIGHT CHEMISTRY.
The times in which Western Europe was the drugstore to the world are long gone. The Chemicals, pharmaceutical, life sciences, and consumer goods sectors have become highly competitive with a truly global perspective. What marks the current upheavals and outlook?
• Cost and Capacity: Rising prices in raw materials, excess capacity, and falling margins enforce a new alignment of the product portfolio and reengineering of processes and structures. However, product innovations and development of new sales markets are still more important than rationalisation measures and the relocation of jobs. Although the latter reduces costs and improves returns, the former increases growth and protects market share.
• Research and Development: Costs are on the increase and productivity is on a decline – therefore the ratio of input to output is steadily decreasing. The attractiveness and effectiveness of research locations are gaining in importance. Whenever politics gets to impede the flow of progress, development will come to a halt. On the other hand, unhindered conditions will concentrate and intensify development. Genetic research is a significant example.
• Mergers and Acquisitions: Apart from the necessity to bundle and increase research activities, rising capital demand for innovative products, manufacturing procedures, and distribution systems also enforces further cooperation and integration. Multiple Players become Major Players. Prominent examples are the most recent restructurings of European chemical and pharmaceutical companies.
MANAGEMENT ENGINEERS not only has complex know-how at their disposal, but also concrete experience in all segments of the chemical and pharmaceutical industry. We develop pragmatic concepts for strategic realignment and consolidation, for modernisation of production and marketing /sales, as well as for portfolio and Lifecycle Management optimisation. Although the future is never certain, the limit of opportunities for this sector has by no means been reached; neither in The Old Europe nor The New World – and least of all in Asia.
We will help you to develop the right formula for growth. And that will improve your competitiveness.
Contact us.
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