{"id":11549,"date":"2019-11-05T15:40:06","date_gmt":"2019-11-05T20:40:06","guid":{"rendered":"https:\/\/www.ctrmcenter.com\/?p=25416"},"modified":"2019-11-05T15:40:06","modified_gmt":"2019-11-05T20:40:06","slug":"2da-a-new-company-with-a-new-approach-to-optimizing-the-petroleum-liquids-supply-chain","status":"publish","type":"post","link":"https:\/\/www.comtechadvisory.com\/blog\/2da-a-new-company-with-a-new-approach-to-optimizing-the-petroleum-liquids-supply-chain\/","title":{"rendered":"2DA \u2013 A new company with a new approach to optimizing the petroleum liquids supply chain"},"content":{"rendered":"

Scheduling and tracking crude and refined products has always been a difficult task.\u00a0 Disparate systems, many with differing views of the transaction (contract vs. trade vs. movements) and lack of integration \u2013 from pipeline bulletin boards to various internal systems such as ERP, ETRM, spreadsheets, production tracking, etc \u2013 have made it almost impossible for companies that produce, market or trade these commodities to accurately track and value their inventories, both in transit and in terminal, on a timely basis. And, without that clear and timely view of physical position, it\u2019s virtually impossible for a company to optimize their operations and trading activities. Recognizing the difficulties encountered in managing the vast amounts of data and navigating the structural difficulties in physical scheduling, a couple of commodity trading and technology consulting veterans, Alex Chandy and David Corthorn, founded an Austin-based company called 2DA, and have recently launched their first product called \u201cBayzyen\u201d.\u00a0 I recently visited with Mr. Chandy, 2DA\u2019s CEO, to find out more about their company and product. He told me that they had started 2DA in 2016 with the goal to improve the value of available data in the energy space and, using that data, produce a product that… continue reading<\/a>
\nContinue reading 2DA – A new company with a new approach to optimizing the petroleum liquids supply chain<\/a>. This article appeared first on CTRM Center<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Scheduling and tracking crude and refined products has always been a difficult task.\u00a0 Disparate systems, many with differing views of the transaction (contract vs. trade vs. movements) and lack of integration \u2013 from pipeline bulletin boards to various …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"acf":[],"yoast_head":"\n2DA \u2013 A new company with a new approach to optimizing the petroleum liquids supply chain | Commodity Technology Advisory<\/title>\n<meta name=\"description\" content=\"Scheduling and tracking crude and refined products has always been a difficult task.\u00a0 Disparate systems, many with differing views of the transaction (contract vs. trade vs. movements) and lack of integration \u2013 from pipeline bulletin boards to various ...\" \/>\n<meta name=\"robots\" content=\"index, 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