Archive - August 2020

As Regulators Boost Market Surveillance Capabilities, Firms Should Enhance Self-Monitoring to Reduce Trading Violations

Regulatory fines in any industry are not new. For as long as there have been regulations, hefty fines have served as the clearest and most concise method for regulators to publicly rebuke corporate offenders and wrongdoers. Over the last decade, the...

Proposed Rule for Drug Enforcement Administration Theft Reporting

On Wednesday, July 29, 2020, the U.S. Department of Justice’s Drug Enforcement Administration (DEA) proposed a new rule that clarifies that the submission of DEA Form 106 (Report of Theft or Loss of Controlled Substances) shall be submitted...

Understanding Spend Is Key to Building Business Resilience in the New Normal

Spend analysis is frequently identified as a critical procurement capability. Yet surprisingly, few  organizations actually conduct this activity on a thorough or regular basis. Many organizations think of spend analysis as necessary only when...

A Tale of Two Crises — Hurricane Preparedness in the Midst of COVID-19

Oil and gas (O&G) organizations have been drastically affected by COVID-19 amid the impacts to the economy, including constrained demand for all O&G products and the necessity of changing business structures and having employees work...

Postpandemic Real Estate Strategies: It Pays to Be Nimble

Of the many things to consider during the pandemic, one of the more challenging areas is real estate. To a large extent, companies have done an admirable job of relocating large portions of their workforce to work-from-home (WFH) status — and on...

Tech Can Help Oil and Gas Firms Survive Market Turmoil

For organizations in the oil and gas (O&G) industry, the combined impact of COVID-19 and erratic oil prices have made for an unprecedented roller coaster ride. Many oil and gas companies are finding it difficult to cope, and others are likely to...