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About Supply Chain Management
This thesis examines supply and demand planning for crude oil procurement in refineries. The upstream petroleum supply chain is currently inefficient due to a lack of integration and information sharing between exploration, trading, transportation, and refining. The author conducted interviews with industry experts and a case study company to understand current challenges. The findings suggest that timely information exchange across the supply chain could maximize value by improving process efficiency and responsiveness to changes. This would allow for more stable product prices and profit margins. The conclusion advocates for information systems to accurately support coordinated data exchange with minimal distortion, in order to ensure consistent optimal decision making across the supply chain.
Detailed Information
| Author: | ['ganeshbx7248'] |
|---|---|
| Publication Year: | 2019 |
| Pages: | 73 |
| Language: | English |
| Format: | |
| Price: | FREE |
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