Operational impact of weather observations

When including extreme weather in risk assessments, we have to think through how an event has short, medium, and long-term impacts on operations and organizational strategy achievement. This is part two of this week's extreme weather risk management series. Just to refresh, a risk assessment process is the same for extreme weather as for any other uncertainty. The process is: 1)  Identify 2)  Analyze 3)  Evaluate 4)  Improve 5)  Monitor What is unique? I would say it is event identification and thinking about the financial consequences of the impacts. Leaders need to think about: - Employee, Client and Stakeholder Safety - Road Conditions (Employee Commute, Logistics, etc.) - Physical Site Access - Digital Operations - Supply Chain - Hazards (Air Quality, Chemicals, allowing 1st responders to do their job, Local government emergency actions) Risk Leaders should partner with their incident response team to tailor risk identification and analysis to understand impacts to: 1)  Growth/Revenue 2)  Cost Containment 3)  Brand/Reputation How will you enhance your 2024 risk assessment methodology to include extreme weather events? #RiskManagement #ClimateChange #IncidentResponse #Leaders Longview Leader Corporation

A significant Winter/Spring storm will bring blizzard conditions and severe thunderstorms to a large portion of the Midwest today, disrupting supply chain, logistics, and business operations for several key markets. WeatherOptics translates weather data into actionable risk insights, producing Critical Events, Impact Risk Scores, and intelligent route optimization using a combination of predictive weather and non-weather data. See how our platform allows for better decision making: Critical Events: 30,000 foot overview of large scale weather events - AI Automated Executive Briefing: Significant snowfall + high winds for much of the upper Midwest. Severe thunderstorms across IL and IN. - Asset Affected: Several major logistics hubs are expected to see high impact from both types of events - Business Impact: High road danger with a higher than normal probability of accidents and road closures, especially for the Winter Event. Impact Risk Scores: 0-10 score depicting how key business operations will be affected by weather - Road Conditions Index: Narrow band of 7.0-8.0+, indicating extremely hazardous driving conditions – includes 15 minute intervals of expected road conditions out to 6 hours and hourly intervals all the way out to 7 days - Impact Timeline: Worst conditions expected during the first half of today for Sioux City, reaching an 8.3/10 at 11 AM CST RightRoute: Shipment-based weather impact forecasts and optimization for better planning - Significant delays and high road danger expected for parts of I-29 and I-90, especially in and around Sioux City and Rochester - Slight deviation in route can bring driver risk down to an 8.8 from a 10.0 Learn more about your organization can streamline critical weather and risk insights to improve safety and operational efficiency: https://lnkd.in/etkRsZc4

Sometimes you don't just have to state the obvious - you have to model it and write 25 pages about it too. The obvious point? Weather has a huge impact on resource planning. Despite this being well known, accounting for weather variability in utility investment decision making is surprisingly uncommon. To fill that gap, Charles River Associates and Form Energy just published a new white paper exploring how weather impacts resource planning decisions and showing how utilities can use _their existing tools_ to better identify the resources they need to navigate weather-driven reliability risks cost effectively. Using a real utility IRP-style analysis, we find that: 1) The weather year chosen for resource planning has a profound impact on the optimal resource mix, with the optimal portfolio varying by up to 40% depending on the year. 2) Dispatchable resources like multi-day storage hedge systems against weather variability, substantially reducing weather-year-driven variance in resource needs while improving reliability.  3) We used a commercial tool - Aurora - to demonstrate that resource planners can implement practical approaches to capture weather variability today. Please don't hesitate to reach out if you want to discuss more. Read the full paper here: https://lnkd.in/eS5eeZ4K Ilka Deluque, Ph.D. Jim McMahon Kailash Raman Patricia Levi

🌾 Weather Intelligence: A Game-Changer for India’s Agriculture Weather plays a decisive role in agriculture supply chains. Rainfall and humidity directly impact post-harvest handling—especially when crops are stored in open fields or non-airtight bags. Even during transport, sudden weather shifts can damage quality and cause major losses. Some time back, maize could not be procured in certain areas because the produce stored in open fields was highly vulnerable to moisture damage. This highlighted a key lesson: real-time weather intelligence isn’t just about forecasting—it’s about enabling timely action. By integrating weather data into storage, transport, and mandi operations, we can reduce losses, improve decision-making, and ensure better profitability for farmers and agri-businesses. #AgriTech #SupplyChain #WeatherIntelligence #FarmersFirst