LONDON--(BUSINESS WIRE)--Infiniti Research, a leading market intelligence solutions provider, has recently announced the completion of their latest operational risk analysis engagement for an oil and gas company. During this engagement, the experts at Infiniti Research helped the client to enhance their operational efficiency and realize savings of over $2.7 million in their operational cost. Also, this article explains in detail the approach undertaken by the experts at Infiniti Research to help the client successfully implement an operational risk management strategy.
Due to the rising market volatility and fluctuating oil prices, companies in the oil and gas sector are expected to witness huge operational and financial risks in the coming years. In addition, inadequate reserve estimates, supply-demand mismatch, and economic downturns are increasing operational risks in the oil and gas industry. To sustain in the long-run, oil and gas companies will need to identify risks in advance and take approaches to mitigate them.
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The business challenge: The client is an oil and gas company in Europe. The client’s unstructured approach to risk management resulted in huge losses for the company. The rising operational risks even impacted the company’s operational efficiency and production processes. Therefore, they wanted to prevent operational risks from threatening profitability and take appropriate steps to mitigate them. They approached the experts at Infiniti Research for a solution.
Having a sound risk management strategy can help you identify risks in advance and implement proper security procedures. Contact us to leverage our risk analysis solution.
The solution offered: By conducting a quantitative risk assessment study, our experts helped the client to identify all the operational and financial risks in the European oil and gas industry. Also, the experts helped the client to prioritize them based on their severity.
Our experts also conducted supply and demand analysis to help the client understand demand patterns in the market and manage supply chain operations. The insights obtained from Infiniti’s operational risk analysis engagement helped the client to devise a sound risk management strategy. In addition, the client was able to enhance operational efficiency and realize savings of over $2.7 million in their operational cost.
Infiniti’s risk analysis solution helped the client to:
- Identify all the operational risks and prioritize them based on their severity
- Keep tabs on target market segments and forecast demand-supply shifts
- Wondering how your business can benefit from our risk analysis solution? Request more information from our experts!
Infiniti’s risk analysis solution offered predictive insights on:
- Enhancing operational efficiency and reducing cost
- Taking appropriate steps to tackle the risks before it impacts the business operations
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About Infiniti Research
Established in 2003, Infiniti Research is a leading market intelligence company providing smart solutions to address your business challenges. Infiniti Research studies markets in more than 100 countries to help analyze competitive activity, see beyond market disruptions, and develop intelligent business strategies. To know more, visit: https://www.infinitiresearch.com/about-us