The energy industry is one of great opportunity and risk. To effectively manage in this volatile environment, Quetica applies the principles of network optimization to multiple areas in the energy sector, including working with utilities to address potential disruptions in their networks, as well as with producers of energy commodities to more efficiently and cost-effectively serve their end customers.
Contingency-based network design and optimization strategy development can help organizations:
- Design networks to manage and mitigate potential disruption risks (e.g. natural or man-made disasters)
- Analyze potential points of failures in supply chain networks
- Optimize inventory, sourcing and transportation policies in current network to improve network resilience
- Determine optimized warehouse locations, inventory levels, transportation modes and routes to manage and mitigate disruption risks
Quetica also leverages its demand-based supply chain network design and optimization solution and dataset to assist energy and biofuel producers in designing and optimizing their supply chains, identifying strategic locations for their facilities, reducing their overall supply chain costs and increasing resiliency.