Until recently, the dominant view of logistics within the chemicals industry has been a traditional one, with third party logistics providers (3PLs) fulfilling the role of suppliers rather than business partners. Now, however, in an industry that is seeing raw material price increases, accelerating energy costs and a tightening of logistics capacity, supply chain innovation needs to be embraced.

Before answering the question in the title, it is instructive to review the definition of some of the vocabulary used in the question. Let us focus on ‘business’, ‘safety’ and ‘holistic’