ERP Software Advice (see photo) for pointing out this excellent guide to Modern Manufacturing methods.
Although many such methods were pioneered in the automotive sector, the principles are very much applicable to the chemical industry. Indeed many chemical companies have achieved great success in the application of techniques such as Lean Manufacturing and Six Sigma.
In the post recession environment, companies will achieve success by being smart. This means innovation - such as investment in new technologies, development of new processes and optimisation of existing processes. Modern manufacturing techniques will facilitate much of the optimisation work.
The guide gives an excellent introduction for those who wish to familiarise themselves with the subject!