David Jacoby, President of Boston Strategies International, has authored the definitive book on operations management in the oil and gas industry: Optimal Supply Chain Management in Oil, Gas, and Power Generation (PennWell, 2012).

Part I of the new book explains how World-Class Supply Management can improve reliability, raise productivity, lower purchase cost, lower operating cost, and lower working capital requirements. Topics addressed are arranged as follows:

• Capex project supply chain risk mitigation: principles and methods
• Engineering and procurement of equipment and services for minimum cost and risk
• Operations and maintenance cost reduction: principles and methods
• Operational safety and environmental risk management: principles and methods

Part II provides examples of how these concepts apply to specific areas, for example:

• Upstream oil & gas
• Midstream hydrocarbon transport
• Downstream oil & gas
• Power industry