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Online Trade Execution is a Growing Trend in the Refined-Products Industry

POSTED BY capSpire ON January 19, 2019 IN Blog, Digital Transformation, E/CTRM, Gravitate

According to Microsoft’s 2018 Global State of Multichannel Customer Service Report, 88% percent of customers worldwide expect businesses to provide online customer self-service portals. This is especially true in the U.K. (92%) and U.S. (88%) where customer support has become an increasingly high priority. The Energy space is paying attention to this trend, and industry …

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inventory management

Cloud-Based Enterprise Information Repository and Analytics Solution Redefined How a RightAngle User Derives Insights

POSTED BY Divvayya Kakarla ON January 19, 2019 IN Analytics, Blog, Digital Transformation, E/CTRM, RightAngle

A large refined-products retailer in the midstream space experienced a problem that could sound familiar to many other industry players: its existing risk-reporting procedures were largely manual and spreadsheet-driven. Generally, spreadsheets make handling and configuring large volumes of data difficult. But spreadsheets also lack the tools necessary to efficiently analyze daily position and P&L data, …

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Supply Chain

NGL Supply Chain Optimization Drives Profitability

POSTED BY capSpire ON January 19, 2019 IN Digital Transformation, E/CTRM, Optimization, White Paper

NGL Supply Chain Optimization Drives Profitability in Margin-Compressed Midstream Energy Space The shale revolution has increased complexity in commodity supply chains and created stress on profit margins. As a result, business leaders and their teams are under pressure to capture maximum margins. By incorporating cutting-edge, industry-specific analytics, they can make data-driven decisions that enhance profitability. …

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Business Transformation Through CTRM Controls

POSTED BY capSpire ON January 19, 2019 IN E/CTRM, White Paper

Does your commodity-trading organization view controls and the process of documenting them as a burden or a benefit?  There are many opportunities and advantages for organizations who take the latter view. When combined with the right blend of automation, oversight, and accessibility, controls can insulate your business from everyday errors and omissions. A sound internal …

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Modernization of Midstream Company’s Operations

POSTED BY capSpire ON January 19, 2019 IN Case Study, E/CTRM, RightAngle

Multi-Year Program Consolidates Data, Redefines Processes, and Implements RightAngle to Significantly Improve Daily Operations and Enable Opportunities for Profit One of the largest distributors of petroleum products in the Northeastern U.S. needed to overcome two main issues: its inability to share departmental data in real time across its organization and inconsistent processes used by different …

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Expand your risk

capSpire Creates Operational Dashboards to Drive Consistency Between Plants

POSTED BY capSpire ON January 19, 2019 IN Case Study, E/CTRM, RightAngle

capSpire Creates Operational Dashboards to Drive Consistency Between Plants This sophisticated solution enabled data collection and storage from each of the plants in one centralized location, allowed information to be input in a generalized fashion, and enabled the business with a more accurate, transparent view of ongoing business performance.

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Lease Crude Optimization Video

POSTED BY capSpire ON January 19, 2019 IN Digital Transformation, E/CTRM, Optimization, Video

Learn About capSpire’s LCO Solution: Leases, stations (pricing, quality constraints/penalties), transportation costs, and historical tickets are loaded into the Lease Crude Optimization application either manually using our simple to use excel interface or we can integrate to internal systems. We have extensive experience with dispatch/ticketing and ETRM systems. Marketers use the Monthly Nomination feature before …

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Crude Supply

capSpire’s Gravitate Video

POSTED BY capSpire ON January 19, 2019 IN Digital Transformation, E/CTRM, Gravitate, Video

Learn About capSpire’s Gravitate: Gravitate is a customer engagement platform revolutionizing the way first purchasers and crude haulers communicate and share information amongst producers, other third party haulers, and internal marketers and dispatchers. Its most powerful feature allows users to easily configure and extend the portal to meet essential business requirements. Provides marketers and dispatchers …

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Asset Acquisitions: Opportunities for Midstream Oil and Gas Companies

POSTED BY Jason Bauer ON March 30, 2018 IN Blog, E/CTRM

Large-scale mergers and acquisitions dominated the market in 2016, when midstream oil and gas companies sought to reduce operating costs and capture emerging market opportunities. More recently, the trend seems to be going in the opposite direction, and the focus is on much smaller greenfield infrastructure builds and new asset acquisitions. The Permian, Anadarko, and …

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Inventory Reconciliation Without Spreadsheets? Yes!

POSTED BY Jaydeep Shah ON March 28, 2018 IN Blog, E/CTRM, RightAngle

If your business is like many others, your personnel spend a great deal of time and effort ensuring that your inventory numbers are accurate. Inventory accuracy has far-ranging implications. In an integrated system, it allows traders to know their salable volume and what they need to purchase for future obligations. It also enables schedulers to …

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