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The chemical industry will bill 2.3% more in 2016

According the Spanish Chemical Industry Business Federation (FEIQUE), the total turnover will grow by 2.3% in 2016, billing €59.391 billion. One of the main reasons for this increase is the growth in the volume of production by 3.3%. However, the effect of price decreases will not allow this growth to be completely reflected. Since 2014, consumption and demand for chemical products in Spain has been recovering and this will lead to an increase in private consumption by 3%, which places…

Outsourcing: a strategy to increase competitiveness in business

Outsourcing means the transfer of one’s own business activities to another company who specialises in that field. It provides distinctive advantages for both large businesses and SMEs. It is true that many SMEs nowadays view outsourcing as a threat, given they fear a loss of power, control and information. One of the main advantages is a reduction in costs, thus improving the company’s competitiveness and profitability. It is important to highlight that there are certain processes that a business should never outsource, such as those that set them…

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