Cross functional collaboration has always been a central idea in supply chain management. Today, I will highlight a form of supply chain collaboration that is new to me: supply chain facility design and construction.
When it comes to product development, globalization has led companies to engage in co-development projects with key suppliers. Perhaps the most famous example is Boeing’s 787 Dreamliner passenger jet. Here is a passage from the… Continue reading
Global oil and gas supply chains – upstream, midstream and downstream – are large, complex, and asset-intensive and require a number of interdependent logistics partnerships. Except for perhaps the military in times of conflict, few if any other sectors must rely so heavily on their supply chains to ensure that operations are flowing smoothly.
Increasingly, those involved in the oil and gas supply chain realize the importance of having… Continue reading
Here at ARC Advisory Group, we are well known for our research and expertise on supply chain and automation technologies used by the process industries. I’ve been waiting for one of our process industry gurus to write something about the Gulf oil spill and Larry O’Brien finally did last week in “How the Gulf Oil Spill Affects Process Automation, Safety, and Asset Management” (available to ARC clients only). … Continue reading
I received a press release earlier this month from AspenTech (an ARC client) claiming that its customer Samsung Total Petrochemicals expects more than $5 million in annual savings after implementing one of its solutions. This claim caught my eye not only because of the size of the savings, but also because it’s rare for supply chain software vendors to make specific savings claims in their press releases… Continue reading
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Guest Commentary: Real-World Business Cases For Real-Time Visibility Across the Oil and Gas Supply Chain
As I highlighted in a previous posting, without accurate and timely information about the location and integrity of needed parts, equipment, tools and supplies, Oil and Gas owner/operators and their partners face a number of major risks, including environmental and safety risks, operational risks as well as economic and compliance risks.
Today, I want to turn the spotlight on some industry-leading projects that are leveraging innovative and practical… Continue reading
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