Energy Magazine October 2019 | Page 50

ENERGY
50 within organisations , with more and more taking up seats in management teams and meetings .
The second is the inherent disconnected nature of the energy demand chain and supply chain . I refer to this as the Amazon problem . Where do you go when you are looking for something or need to sell something ? Think of the retail space before Amazon , or even eBay for that matter . This divided dynamic leads to inefficiency from procurement through management , disposition and finally scrapping . It has led to warehouses and yards full of surplus with limited visibility . This is where the Requis platform comes in .
By connecting the players in the supply chain to the same platform with standardised asset data and services , enterprises are opening themselves up to a whole new world . Enterprises can work with their existing suppliers in what we refer to as a Virtual Private Value Network ( VPVN ) and / or consider new suppliers , or consider supplier or operator surplus that is in the Requis Global Marketplace . They can even have visibility into their own surplus for reuse instead of buying assets they already own . They can compare prices , they can see how a supplier or customer is rated , they can use analytics to gain insights into their procurement or supplier , and can gain insights into their sales . The benefits are extensive and significant . None of this would be possible without a supply chain ecosystem comprised of a mesh of thousands of one to one relationships .
OCTOBER 2019