Outstanding consulting expertise for the chemical & pharmaceutical industry

The chemical and pharmaceutical industry comprises the development, production and marketing of chemical and pharmaceutical products. These industries play a crucial role in the economy and make a significant contribution to improving quality of life and health. In 2020, the global turnover of the chemical industry amounted to around 3.7 trillion euros, while the global pharmaceutical market was estimated at around 1.27 trillion US dollars. In the DACH region, companies such as BASF, Bayer and Novartis are leaders in the chemical and pharmaceutical industry, while companies such as GlaxoSmithKline, Sanofi and AstraZeneca dominate in Europe.

The chemical and pharmaceutical industry faces a number of challenges, including regulatory requirements, technological change, global competition and increasing cost pressures. External consulting can play a crucial role in helping to overcome these challenges and improve the performance and competitiveness of companies.

Consultancies offer a wide range of services, including strategic planning, process optimization, technology implementation and quality management. In the chemical and pharmaceutical industries, consulting can help optimize production and supply chain processes, promote product development and innovation, ensure compliance with regulatory requirements and increase operational efficiency.

A concrete example of the role of consulting in the chemical and pharmaceutical industry is support for digitalization. In the face of rapid technological change, many companies are looking for ways to digitize their processes and increase the use of technologies such as artificial intelligence, big data and IoT. Consultants can help to identify and implement suitable technologies, strengthen employees' digital skills and optimize digital processes.

Another example is support for process optimization. In the face of increasing cost pressure and the growing demand for efficient and sustainable production processes, many companies are looking for ways to optimize their production and supply chain processes. Consultants can help to analyze production and supply chain processes, identify inefficient processes and develop suitable improvement measures.

A third example is support for product development and innovation. In the face of increasing competition and rising customer expectations, many companies are looking for ways to strengthen their product development and innovation processes. Consultants could help to clarify the innovation strategy, shape the innovation processes and promote collaboration with external partners such as start-ups and universities.

In terms of current trends, sustainability is one of the most important developments in the chemical and pharmaceutical industry. It is increasingly expected not only by the regulatory authorities, but also by customers and society. Other important trends are the personalization of medicine and the growing importance of biotechnology and genetic engineering.

Overall, consulting plays a crucial role in the chemical and pharmaceutical industry by helping to overcome the challenges of the sector and improve the performance and competitiveness of companies. In view of the rapid changes and growing complexity in the chemical and pharmaceutical industry, the importance of consulting is likely to increase further in the coming years.