Archive for Petroleum Industry
The Gulf Oil Spill
· CommentsHere 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
$5 Million in Annual Supply Chain Savings
· CommentsI 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
“Oil is becoming increasingly difficult and costly to recover, and the problem of managing the supply chain and profits has become more complex than ever. After weathering the economic downturn, the industry must boost capacity for future demand, and keep a close eye on the economics of oil and gas production.”
So wrote my colleague Allen Avery, in a recent ARC Insight report titled “In an Uncertain
The Complexities of Petroleum Supply Chains
· CommentsEver wonder, while you’re filling up your car with gasoline, about all the supply chain steps involved in getting fuel to that pump? The petroleum supply chain (which includes not just gasoline, but all sorts of petroleum-based products) is not something most people think about, and it doesn’t get much attention in the trade press, at least not as much as CPG-Retail supply chains.
My colleague Paul Miller recently… Continue reading
