Today's Business Overlooks Immediate Resource Risks, Unnecessarily Costing Millions, According to New White Paper

Today's Business Overlooks Immediate Resource Risks, Unnecessarily Costing Millions, According to New White Paper

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[New White Paper] #ResourceRisk—Today’s (Not Tomorrow’s) Problem @energypoints
Wednesday, November 19, 2014 - 1:00pm

CAMPAIGN: Energy Points in the News

CONTENT: Press Release

Boston, MA, November 19, 2014 /3BL Media/ - Energy Points, an energy and resource analytics company, has released a white paper that responds to the common misconception among today’s business executives that their energy and resource supply chains are not immediately at risk. The report cites the many ongoing challenges that are already costing companies millions, including volatile energy prices, severe weather, and water scarcity. It notes that businesses through their supply chains are unnecessarily left exposed to these risks at a time when advances in technology and big data provide many opportunities to mitigate them.

“There’s growing awareness of the importance of managing energy and resource supply risk, but many executives still have the misguided sense that it’s not urgent,” says Roy Stein, Energy Points CEO. “Research proves otherwise and ignoring that fact is irresponsible. More importantly, the consequences are not inevitable—the risks to energy and resource supply can be identified and mitigated.”

An important and often overlooked challenge is that the projects that mitigate these current and ongoing risks are often capital intensive. In many cases their payback period is longer than an executive’s term in office.

Jon Anda, Energy Points EVP of Strategy, and a former Vice Chairman at Morgan Stanley notes, “It’s time we acknowledged that strategies that have traditionally been implemented in the name of ‘long-term growth’ are today even necessary for short-term viability. The consequences of taking energy and resource supply for granted are simply that severe.”

The full report can be viewed here: Resource Risk—Today’s (Not Tomorrow’s) Problem




About Energy Points
Energy Points provides the most accurate and precise analysis of energy and resource use in the supply chain. Organizations use its analysis of energy, water, fuels, and materials as an effective proxy for understanding and improving their resource efficiency and operational resilience. In particular, these organizations are able to maximize the financial and environmental payback of their renewable and distributed energy, water and other initiatives.

Energy Points Analytics is delivered as a SaaS portal or integrated into 3rd-party platforms via an SDK. The insight is actionable, the process is automated, and the solutions are a fraction of the cost of alternatives.

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Asena Woodward