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The 21st century Energy and Chemicals industry is undergoing a transformation driven by natural and economic forces. Some of these include peak oil production; globalization; an aging workforce; the search for viable alternative fuels; and the clean up of existing processing methods. The industry also must contend with stricter regulatory controls, volatile commodity prices, supply and demand divergence and increased pressure to improve the bottom line. BearingPoint’s experienced energy and chemicals professionals are familiar with the challenges of the industry. They combine in-depth knowledge with a flexible approach to help some of the biggest Energy & Chemicals companies in the world cut costs and improve performance.
With petroleum supplies just starting to decline in coming years, energy firms must invest in alternative fuels. They also must leverage technologies and systems to produce and transport fuel stocks from increasingly remote locations in high-risk parts of the world. With globalization comes competing factors: increased international and domestic competition versus burgeoning markets and opportunities for growth.
Emerging economies, such as those of Brazil, India and China, will require massive amounts of energy to fuel their continued progress. As end-use markets move to Asia and beyond, there is a need to establish manufacturing and logistical operations closer to consumers there. With operations in greater geographical spreads, global supply chains need consistent management, systems and technology. A retiring workforce with fewer experts to replace the knowledge of sheer experience; frequent business mergers, acquisitions and divestitures; and challenging production processes threaten to prevent energy companies from achieving optimal performance.
BearingPoint can help you improve operations through:
- Integration of disparate, decentralized systems
- Implementation of the latest SAP or other enterprise resource planning software
- Talent recruitment, knowledge management and succession planning
- Facilitating collaboration among suppliers, contractors and vendors
- Supply chain analysis and management
- Finance management and value-based investing
Energy & Chemicals Related Solutions:
