With so many moving parts, it can be challenging to get G&A functions in synch. Indirect costs — those not directly linked to operations — are not normally addressed with the same discipline and rigor as direct costs.
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Supply chain improvements can generate up to 3.5% savings in total operating costs. Currently, many business leaders are focusing on major initiatives to improve theirs. We took a deeper look to evaluate the main trends on this topic. See the results in this infographic.
Reaching $50 a barrel was quite a landmark, however some traders are already betting on $20/barrel futures. Industry giants, such as Shell, Premier Oil, Statoil and Canadian Natural Resources, are now abandoning billions of dollars in exploration drilling projects. This current trend has caused a great deal of scrutiny towards capital spending across the energy sector.