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
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
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
When you think of your supply chain, what do you consider? For a traditional downstream refiner, you may include pipeline, truck, rail and vessel logistics. You may think about where inventory is stored. Do you have a picture...more
12/13/2019
/ Downstream Agreements ,
Energy Sector ,
Inventory ,
Logistics ,
Oil & Gas ,
Pipelines ,
Railways ,
Strategic Planning ,
Supply Chain ,
Supply Contracts ,
Technology ,
Trucking Industry ,
Vessels
Like the Gold Rush of the mid-1800s, the IMO 2020 low-sulfur marine fuel regulation, scheduled to go into effect January 1, 2020, presents both opportunities and challenges for all participants involved. Patrick Long,...more