491
The 3-6 month, local forecasts of temperature, icing, precipitation, for the
advanced procurement of bulk items such as salt for freezing/snow
conditions; plywood for use in hurricane conditions; fertilizer applications
carried out only under specific weather conditions.
Factoring the 1 month to 1 year regional climate forecasts particularly in
coastal areas allows building maintenance regimes to factor in projected
impacts such as salt erosion, high winds, sand battering, and toxic mold
production leading to rapid deterioration of structures, helping to set
maintenance, renovation, retrofit and materials replacement schedules. This
may also help mitigate potential adverse human health impacts.
5.
Vulnerability of business operations to metocean
processes
Optimal operations of the industry are of chief concern to the CEO and
environmental impacts are noticed when they interrupt the smooth
operations of the company. Thus to examine the vulnerabilities of the
industries to metocean events, their impact on all management processes
need to be examined. These include supply chain, inventory, fiscal, and
emergency management plans and procedures. If the impacts are seen to be
substantial, the normal operating procedures and possibly even the
organizational structure will need to be changed. This is known as business
process reengineering.
The insurer AON estimates that weather and climate have a substantial
impact on over 70% of the businesses worldwide. For example in the case of
weather risk, it is well documented that businesses are vulnerable and that
the costs are substantial. In an analysis of annual reports of major energy
corporations, much of the poor earnings performance is blamed on weather.
Risk is in the form of cash flow and earnings and much of the risk comes
from imperfect forecasting. In coastal regions, forecast inaccuracies are
often due to an under sampling in the adjacent ocean environment.
In addition, there are critical cross cutting industry needs such as
demand forecasting, emergency management and policy formulation or
company governance that require the types of environmental information
provided by observing systems.
6.
Defining industry’s information requirements
A series of research projects funded by NOAA has examined the
environmental information requirements for weather climate and ocean data
for major sectors of the economy. The studies spanned all time scales of
operations and planning from hours to climate scale. The impacts on all
OCEAN FORECAST FOR ECONOMIC ADVANCEMENT
The 3-6 month, local forecasts of temperature, icing, precipitation, for the
advanced procurement of bulk items such as salt for freezing/snow
conditions; plywood for use in hurricane conditions; fertilizer applications
carried out only under specific weather conditions.
Factoring the 1 month to 1 year regional climate forecasts particularly in
coastal areas allows building maintenance regimes to factor in projected
impacts such as salt erosion, high winds, sand battering, and toxic mold
production leading to rapid deterioration of structures, helping to set
maintenance, renovation, retrofit and materials replacement schedules. This
may also help mitigate potential adverse human health impacts.
5.
Vulnerability of business operations to metocean
processes
Optimal operations of the industry are of chief concern to the CEO and
environmental impacts are noticed when they interrupt the smooth
operations of the company. Thus to examine the vulnerabilities of the
industries to metocean events, their impact on all management processes
need to be examined. These include supply chain, inventory, fiscal, and
emergency management plans and procedures. If the impacts are seen to be
substantial, the normal operating procedures and possibly even the
organizational structure will need to be changed. This is known as business
process reengineering.
The insurer AON estimates that weather and climate have a substantial
impact on over 70% of the businesses worldwide. For example in the case of
weather risk, it is well documented that businesses are vulnerable and that
the costs are substantial. In an analysis of annual reports of major energy
corporations, much of the poor earnings performance is blamed on weather.
Risk is in the form of cash flow and earnings and much of the risk comes
from imperfect forecasting. In coastal regions, forecast inaccuracies are
often due to an under sampling in the adjacent ocean environment.
In addition, there are critical cross cutting industry needs such as
demand forecasting, emergency management and policy formulation or
company governance that require the types of environmental information
provided by observing systems.
6.
Defining industry’s information requirements
A series of research projects funded by NOAA has examined the
environmental information requirements for weather climate and ocean data
for major sectors of the economy. The studies spanned all time scales of
operations and planning from hours to climate scale. The impacts on all
OCEAN FORECAST FOR ECONOMIC ADVANCEMENT