It’s commonly known most goods that Americans use in their lives are transported and delivered by truck. According to the U.S. Census Bureau’s latest Commodity Flow Survey, trucks transported 71.6% or $10.4 trillion of...more
Over the past few years, we’ve faced and weathered tough crises—from COVID to war to inflation—each one disrupting some aspect of the supply chain. Earlier this month there was another shock to the system which thankfully...more
The past few months have seen headlines that reinforce the creativity and innovation within the energy industry—all in the name of Environmental, Social, and Governance (ESG)....more
6/27/2022
/ Bitcoin ,
Bitcoin Mining ,
Cryptocurrency ,
Digital Currency ,
Energy Information Association (EIA) ,
Energy Sector ,
Environmental Social & Governance (ESG) ,
Greenhouse Gas Emissions ,
Oil & Gas ,
Popular ,
Transparency
There are only a handful of things you can count on in life: death, taxes, and hurricanes. This is especially true for those of us living along the Gulf Coast. The National Oceanic and Atmospheric Administration (NOAA)...more
Patrick Long, Director in Opportune LLP’s Process & Technology practice, and Rick Marriner, President, and Chief Operating Officer at Standard Soil, discuss why regenerative agriculture is a promising solution to addressing...more
Environmental, social, and governance (ESG) strategies present supply chains with a double-edged sword of opportunity. Global companies must consider the humane treatment of workers, strive to reduce their emissions profile,...more
Optimization tools are powerful additions to the arsenal of business systems for any company. The tools leverage the transactional advantages afforded by the discipline and interconnectedness of energy trading and risk...more
Businesses strive toward continuous improvement. When a business first starts, it’s inherently reactive and focused on the basic transactions. As processes and systems develop, so does the business evolve into more stability....more
Classic revenue enhancement is defined as selling the right product to the right customer at the right moment and the right price via the right distribution channel with the best efficiency. Let’s explore the importance of...more
Controlling costs is critical for any energy company. Firms may spend to grow through acquisition, new business development, gain market share, or invest in new opportunities. However, as a business activity also decreases...more
Find out why cash flow and working capital are so critical and why insight is key to building supply chain resiliency.
This past year shined a harsh light on the fragility of businesses concerning cash flow and working...more
Find out why ESG enhances brand reputation and resiliency to withstand disruptions in the supply chain.
To be competitive in 2022, companies will need to embrace ESG, moving beyond “yesterday’s supply chain” towards a...more
Find out why creating a digital twin of your supply chain can build resiliency and optimize performance when extreme weather events occur....more
Patrick Long and Steve Roberts, both Directors in Opportune LLP’s Process & Technology practice, discuss why current supply chain disruptions appear to be more pronounced than in years past due to supply/demand imbalances and...more
Here are five critical components of supply chain planning that need to be taken into consideration in the wake of the Colonial Pipeline outage...more
Find out why the recent Colonial Pipeline cyberattack reinforces the need for modeling and creating a digital twin of a supply chain, which can go a long way in planning for uncertainty....more
5/28/2021
/ Coronavirus/COVID-19 ,
Cyber Attacks ,
Cybersecurity ,
Downstream Agreements ,
Energy Sector ,
Enterprise Software ,
Logistics ,
Media ,
Midstream Contracts ,
Popular ,
Risk Assessment ,
Risk Management ,
Social Networks ,
Strategic Planning ,
Supply Chain
Some may call the winter storm that descended on Texas a “black swan” event, but it may in fact be a “perfect storm” born out of existing market dynamics that could’ve been avoided....more
Artificial intelligence (AI) software companies are entering new markets and energy is no exception. Patrick Long, Director in Opportune LLP's Process & Technology practice, discusses why these technologies are evolving to...more
Artificial intelligence (AI) is no longer simply an industry buzzword. Today, it is a prevalent technology that has made inroads in nearly every industry sector, from healthcare and retail to manufacturing…...more
Will the downstream energy sector be able to accommodate forecast increased fuel demand in a post-covid-19 world, avoiding a bullwhip effect within the supply chain in the process?...more
As states begin to reopen their respective economies, the lasting impacts of COVID-19 will likely usher in a new supply chain that will exhibit a degree of disconnected connectedness to protect human involvement.
...more
Why divesting fossil fuels in the name climate change may have broader implications in the larger context of Environmental, Social and Governance (ESG) initiatives. By Patrick Long As the debate around climate change...more
Find out why the recent coronavirus outbreak could have far-reaching implications on the human component of supply chains, and what factors should be considered to mitigate potential disruptions. ...more
Stop me if you’ve heard this story before. The Board sets a growth target for the upcoming year. The deal team is assembled from a cross-functional section of the business. They’re on the prowl for the best asset(s), looking...more
An editorial published in the Standard-Examiner, titled “For states like Utah, IMO 2020’s new regulations can’t come fast enough”, discussed the operational advantages of refining operations in Utah and how the state is well...more