Will Starbucks Suck Plastics out of the Economy? How to Pivot Your Corporate Strategy and Planning When Unexpected Shifts Happen

 

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How Prescriptive Analytics Reshapes Fracking in Oil and Gas Fields

Shale oil promises to put the United States back in the lead as an energy superpower. However, while shale oil is abundant, it can be difficult to locate and extract. This is why horizontal drilling and hydraulic fracturing, commonly referred to as fracking, have become common practice. Unfortunately, fracking is incredibly inefficient, as well as harmful to the environment.

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How Prescriptive Analytics Will Reshape Your Refinery Capital Expenditure

As in any industry, in oil and gas production the objective is to maximize production while minimizing overhead. Unlike many other industries, however, oil and gas refineries represent a substantial outlay of capital, so optimizing capital expenditure is critical for maximum return on investment (ROI) and return on assets (ROA).

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Four Best Practices for Tapping the Potential of Prescriptive Analytics

In a world of increasingly complex decisions, competitive growth and unexpected challenges, it’s not surprising that investments in big data, advanced analytics and business intelligence are at an all-time high.
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When and How to Plan for the Unplanned? New Tax Law and the Pipeline Transportation Industry Give Clues

With H.R. 1, the tax bill signed into law at the end of 2017, January 1 debuted reduced corporate taxes from 35% to 21% — a positive impact for companies, in general. However, as a Wall Street Journal article points out, the certainty of tax reform brings uncertainties ahead on actual financial outcomes for pipeline transportation operators.

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4 Ways to Maximize Arbitrage Opportunities Using Prescriptive Analytics

Day traders, hedge fund managers, commodity brokers, and energy traders routinely take advantage of market price differences to turn immediate profits. Maximizing an arbitrage opportunity requires precise timing and confidence in your market data, otherwise what looks to be a sure profit could turn into a net loss. That’s why more financial, energy, and commodity traders are relying on prescriptive analytics to ensure their arbitrage profits.

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Unilever Reveals Radical Savings with the Power of Prescriptive Analytics, Brought to Life through Microsoft PowerBI

Anyone in Manufacturing is almost certainly familiar with the daily struggle of simulating the real world using a hypothesis (e.g. rules)-based technology to evaluate the impact of decisions before they are made.  In the case of capacity planning and production allocation, this entails manually defining rules that determine capacity and requirements while allocating production to different lines while ensuring the plans remain feasible. This is a very complex problem with more than a million possible answers, causing talented employees (that would otherwise bring more value to the company) to spend countless and frustrating hours manipulating complex trade-offs around assets, throughput, finished or near-finished goods inventory, investments, etc. 

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The New Oil and Gas Quarterback to Climate Change Solutions: Prescriptive Analytics

Most Americans who hear the phrase “Hail Mary” (outside of church) think of football. It  brings to mind a long pass in the last seconds of the game that scores a victory for the team who would otherwise have lost.

In June, the Vatican had its own pep talk for “Team Earth” with oil and gas executives: quit drilling for fossil fuels that cause harm to the environment and impact the world’s poorest. At the event, the Pope emphasized his interest in the renewables strategy, much like a “Hail Mary” for humanity.

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Six Transformational Values Realized from Prescriptive Analytics

Courtesy of our partners over at TBM Consulting!

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Shake, Rattle, and Roll: Time for Another Look at Capacity Planning?

Global Growth. NAFTA negotiations. Trade wars. Trucking crisis. Fuel price increases. As events continue to shake and rattle the growing economy, is now the best time to take another look at your company’s capacity planning?

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