investment analysis
The methods and tools for analysis of an investment compared to its potential return. Identification and calculation of profitability ratio and financial indicators in relation to associated risks to guide decision on investment.
Chemical plant managers coordinate the day-to-day production of chemical products ensuring the quality of products and equipment, the safety of personnel and protection of the environment. They define and implement the investment budget, deploy industrial objectives and manage the unit as a profit center representing the company in its economic and social environment.
Competences and skills
53 ESCO relationsEssential knowledge 3 competences
Occupation specific
0 competencesNo competences in this bucket.
Sector-specific
1 competenceCross-sector
2 competencesmanufacturing processes
The steps required through which a material is transformed into a product, its development and full-scale manufacturing.
risk management
The process of identifying, assessing, and prioritising of all types of risks and where they could come from, such as natural causes, legal changes, or uncertainty in any given context, and the methods for dealing with risks effectively.
Essential skills and competences 26 competences
Occupation specific
0 competencesNo competences in this bucket.
Sector-specific
1 competencedefine manufacturing quality criteria
Define and describe the criteria by which data quality is measured for manufacturing purposes, such as international standards and manufacturing regulations.
Cross-sector
25 competencesadhere to organisational guidelines
Adhere to organisational or department specific standards and guidelines. Understand the motives of the organisation and the common agreements and act accordingly.
analyse goal progress
Analyse the steps which have been taken in order to reach the organisation's goals in order to assess the progress which has been made, the feasibility of the goals, and to ensure the goals can be met according to deadlines.
assess environmental impact
Monitor environmental impacts and carry out assessments in order to identify and to reduce the organisation's environmental risks while taking costs into account.
green
communicate production plan
Communicates production plan to all levels in a way that targets, processes, and requirements are clear. Ensures that information is passed to everyone involved in the process assuming their responsibility for overall success.
control production
Plan, coordinate, and direct all production activities to insure the goods are made on time, in correct order, of adequate quality and composition, starting from intake goods up to shipping.
cope with manufacturing deadlines pressure
Cope with a tight schedule on the manufacturing processes level and take the necessary actions when deadlines approach or when some processes fail.
create manufacturing guidelines
Draft procedures and guidelines to ensure that government and industry regulations are met by manufacturers in both international and domestic markets.
develop manufacturing policies
Develop policies and procedures applied in a manufactury such as employment policies or safety procedures.
disaggregate the production plan
Splits production plan in daily, weekly, and monthly plans with clear objectives and targets required.
follow company standards
Lead and manage according to the organisation's code of conduct.
forecast organisational risks
Analyse the operations and actions of a company in order to assess their repercussions, possible risks for the company, and to develop suitable strategies to address these.
improve business processes
Optimise the series of operations of an organisation to achieve efficiency. Analyse and adapt existing business operations in order to set new objectives and meet new goals.
liaise with managers
Liaise with managers of other departments ensuring effective service and communication, i.e. sales, planning, purchasing, trading, distribution and technical.
manage budgets
Plan, monitor, report on the budget and prepare set production budgets.
manage health and safety standards
Oversee all personnel and processes to comply with health, safety and hygiene standards. Communicate and support alignment of these requirements with the company's health and safety programmes.
manage staff
Manage employees and subordinates, working in a team or individually, to maximise their performance and contribution. Schedule their work and activities, give instructions, motivate and direct the workers to meet the company objectives. Monitor and measure how an employee undertakes their responsibilities and how well these activities are executed. Identify areas for improvement and make suggestions to achieve this. Lead a group of people to help them achieve goals and maintain an effective working relationship among staff.
manage supplies
Monitor and control the flow of supplies that includes the purchase, storage and movement of the required quality of raw materials, and also work-in-progress inventory. Manage supply chain activities and synchronise supply with demand of production and customer.
meet deadlines
Ensure operative processes are finished at a previously agreed-upon time.
optimise financial performance
Direct and coordinate the organisation's financial operations and budget activities, in order to optimise financial performance.
oversee production requirements
Oversee production processes and prepare all the resources needed to maintain an efficient and continuous flow of production.
oversee quality control
Monitor and assure the quality of the provided goods or services by overseeing that all the factors of the production meet quality requirements. Supervise product inspection and testing.
perform data analysis
Collect data and statistics to test and evaluate in order to generate assertions and pattern predictions, with the aim of discovering useful information in a decision-making process.
digital
provide cost benefit analysis reports
Prepare, compile and communicate reports with broken down cost analysis on the proposal and budget plans of the company. Analyse the financial or social costs and benefits of a project or investment in advance over a given period of time.
schedule production
Schedule the production aiming maximum profitability while still maintaining the company KPIs in cost, quality, service and innovation.
strive for company growth
Develop strategies and plans aiming at achieving a sustained company growth, be the company self-owned or somebody else's. Strive with actions to increase revenues and positive cash flows.
Optional knowledge 6 competences
Occupation specific
0 competencesNo competences in this bucket.
Sector-specific
2 competenceschemical processes
The relevant chemical processes used in manufacture, such as purification, seperation, emulgation and dispergation processing.
synthetic materials
The production and characteristics of synthetic materials such as synthetic fibres, synthetic paper, synthetic resins or synthetic rubber.
Cross-sector
4 competencesadhesives
The categories, production and the chemical components of adhesives such as non-reactice adhesives (drying adhesives, pressure-sensitive adhesives, contact adhesives and hot adhesives) and reactive adhesives (multi-part adhesives, one-part adhesives).
agricultural chemicals
The production and characteristics of agricultural chemicals such as fertilizers, herbicides, pesticides or insecticides.
basic chemicals
The production and characteristisc of organic basic chemicals such as ethanol, methanol, benzene and inorganic basic chemicals such as oxygen, nitrogen, hydrogen.
supply chain management
The flow of goods in the supply chain, movement and storage of raw materials, work-in-process inventory, and finished goods from point of origin to point of consumption.
Optional skills and competences 18 competences
Occupation specific
0 competencesNo competences in this bucket.
Sector-specific
2 competencesidentify energy needs
Identify the type and amount of energy supply necessary in a building or facility, in order to provide the most beneficial, sustainable, and cost-effective energy services for a consumer.
green
maintain relationship with customers
Build a lasting and meaningful relationship with customers in order to ensure satisfaction and fidelity by providing accurate and friendly advice and support, by delivering quality products and services and by supplying after-sales information and service.
Cross-sector
16 competencesanalyse production processes for improvement
Analyse production processes leading toward improvement. Analyse in order to reduce production losses and overall manufacturing costs.
ensure compliance with environmental legislation
Monitor activities and perform tasks ensuring compliance with standards involving environmental protection and sustainability, and amend activities in the case of changes in environmental legislation. Ensure that the processes are compliant with environment regulations and best practices.
green
ensure equipment maintenance
Ensure that the equipment required for operations is regularly checked for faults, that routine maintenance tasks are performed, and that repairs are scheduled and performed in the case of damage or flaws.
liaise with quality assurance
Work closely with the relevant quality assurance or grading party involved.
manage chemical processes inspection
Manage the chemical in-process inspection, making sure the inspection results are documented, the inspection procedures are well written and the checklists are updated.
manage company transport strategy
Manage the transport strategies of a company; communicate with members of management team; ensure strategies accord with company goals.
manage distribution channels
Oversee distribution channels with regards to the requirements of customers.
manage emergency procedures
React quickly in case of emergency and set planned emergency procedures in motion.
negotiate supplier arrangements
Reach an agreement with the supplier upon technical, quantity, quality, price, conditions, storage, packaging, send-back and other requirements related to the purchasing and delivering process.
negotiate with stakeholders
Negotiate compromises with stakeholders and strive to reach the most beneficial agreements for the company. May involve building relationships with suppliers and customers, as well as ensuring products are profitable.
perform market research
Gather, assess and represent data about target market and customers in order to facilitate strategic development and feasibility studies. Identify market trends.
plan health and safety procedures
Set up procedures for maintaining and improving health and safety in the establishment or workplace.
plan shifts of employees
Plans shifts of employees to ensure completion of all customer orders and satisfactory completion of the production plan.
procure mechanical machinery
Procure adequate machinery. Research the market to find the best machinery, staying within budget limits, and negotiate the purchase. Maintain records.
recruit employees
Hire new employees by scoping the job role, advertising, performing interviews and selecting staff in line with company policy and legislation.
- Scope note
- It may include recruiting volunteers.
train employees
Lead and guide employees through a process in which they are taught the necessary skills for the perspective job. Organise activities aimed at introducing the work and systems or improving the performance of individuals and groups in organisational settings.