- About SCGC
- Products and Solutions
- Investor Relations
- Sustainability
- Advancing Community
- Media
Artificial intelligence, or AI, will undoubtedly be a primary driver fueling the Fourth Industrial Revolution. This is due to the broad integration of digital technology in a range of industrial applications. Similarly, in the petrochemical industry, this technology has aided in the enhancement of corporate capabilities and the provision of additional solutions to business challenges.
This is why Chemicals Business, SCG, a region's material science expert, actively encourages digital transformation in business activities, with 'Project Bonsai' serving as a significant portrayal of that commitment.
Supply Chain's Upstream industries
As one of the largest integrated petrochemical companies in Asia and a key industry leader, Chemicals Business, SCG provides a comprehensive range of plastic resin solutions to meet the needs of various industries, including electronic appliances, automotive, packaging, construction, and medical and wellness, among others.
In other words, Chemicals Business, SCG, is the key driving force behind Thailand's petrochemical industry as it promotes and supports the growth of other sectors, resulting in increased economic competitiveness and significant innovation development, as well as a dynamic effect on industrial activities at all levels.
Advances Toward the Future Petrochemical Industry
One of the key goals Chemicals Business, SCG, aspires to achieve is becoming "Chemicals Business for Sustainability," in line with the Sustainable Development Goals (SDGs) and ESG (Environmental, Social, Governance) standards. The company currently works on three core areas: 1) accelerate the integration of the circular economy into all operations; 2) develop products, services, and solutions that timely meet and respond to the needs of business partners; and 3) incorporate digital technologies into the supply chain.
As a result, Chemicals Business, SCG, is hence capable of efficiently implementing digital technology. Take the company's feedstock sourcing as an example. The system employs artificial intelligence or machine learning to aid in raw material purchasing decisions, with many factors serving as a foundation to assist in processing. Furthermore, in the plastic resin manufacturing process, digital technology plays a critical role in enhancing and developing performance, as it uses data to build various simulations and, in particular, to predict the impacts that may affect production systems. With these abilities, the team can immediately prepare for and resolve the situation.
Customers can benefit from digital technologies as well. Chemicals Business, SCG, has implemented the Digital Commerce Platform (DCP) to connect purchase orders to the supply chain data management, reducing process time by 70% and addressing customer needs. Customers can track their orders from anywhere, any anytime in line with a new-normal work process. Chemicals Business also uses the database for analysis to deliver a faster and more well-defined value chain management system.
Integrate Digital Technology to Enhance the Industry
One of the recent digital technology projects from Chemicals Business, SCG, is Project Bonsai, a project established in collaboration with Microsoft (Thailand) Company Limited. The project's major objective is to build a "digital twin," which is a simulation of the manufacturing process that creates online production activities with factors that are comparable to the actual manufacturing process at the plant. The artificial intelligence is then used to collaborate with this simulated model. The technique allows users to establish virtual production processes under a range of conditions and variables, enabling them to examine the impacts, risks, and limitations that could arise in different scenarios in the virtual production process without halting the production.
The emergence of Project Bonsai not only provides the ability to efficiently process the possibilities that arise under a variety of settings, but it also minimizes the duration of trials and decision-making concerning which production patterns are most efficient and precise. This is because this advanced innovation is processed based on vast amounts of data, which can reduce product losses during product type production transitions. In a nutshell, Project Bonsai is a machine learning system in the form of artificial intelligence that aids in the efficiency of supply chain management services and can be applied to other portions of the plant in the future.
Regardless of whether you work in a large, medium, or small business, digital technology can be applied to a range of diverse circumstances. So, we would like to invite you to hear the real-world experience from executives and teams from Chemicals Business, SCG, and Microsoft. Check it out here: https://bit.ly/3wvr2T1 and https://bit.ly/2V4DrQT
Sources:
Copyright © SCG Chemicals Public Company Limited (2022). All Rights Reserved.
