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 […]
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 […]
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, […]
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 […]
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 […]
“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 […]
Ever 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, […]