GET READY FOR CANADIAN CRUDE
the market value of your energy portfolio at the close of business ? If the answer to most of these is ‘ yes ’, it may be time to revisit your IT investments . There are solid energy trading and risk management options to choose from , solutions designed specifically for risk managing the physical and financial aspects of the energy supply chain ; from contracts , physical logistics , and transactions ; to accounting and reporting .
America ’ s appetite for energy is not diminishing . As supply lines for Canadian crude stretch across modalities , borders , time zones , weather patterns , regulatory regimes and market conditions , the ability to monitor assets from the wellhead to the marketplace is critical .
Successful energy supply chain risk management will help managers capture the details of every Canadian crude purchase down to the penny , from the front office to the back .
Supply chain executives need to build a robust capability that can handle risk data efficiently
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