Energy

The 21st century energy industry is undergoing a transformation driven by natural and economic forces. Some of these include peak oil production, globalization, an aging workforce, the search for viable alternative fuels, and the cleanup of existing processing methods. The industry must also contend with stricter regulatory controls, volatile commodity prices, supply and demand divergence and increased pressure to improve the bottom line. TNS' experienced energy professionals are familiar with the challenges of the industry. They combine in-depth knowledge with a flexible approach to help some of the biggest energy and chemicals companies in the world cut costs and improve performance.

With petroleum supplies just starting to decline in coming years, energy firms must invest in alternative fuels. They also must leverage technologies and systems to produce and transport fuel stocks from increasingly remote locations in high-risk parts of the world. With globalization comes competing factors: Increased international and domestic competition versus burgeoning markets and opportunities for growth.

Emerging economies, such as those of Brazil, India and China, will require massive amounts of energy to fuel their continued progress. As end-use markets move to Asia and beyond, there is a need to establish manufacturing and logistical operations closer to consumers there. With operations in greater geographical spreads, global supply chains need consistent management, systems, and technology. A retiring workforce with fewer experts to replace the knowledge of sheer experience, frequent business mergers, acquisitions and divestitures, and challenging production processes threaten to prevent energy companies from achieving optimal performance.

TNS has worked with several companies in this vertical and has helped improve operations through:

  • Integration of disparate, decentralized systems
  • Talent recruitment, knowledge management, and succession planning
  • Facilitating collaboration among suppliers, contractors and vendors