Expert Blog on Upstream and Downstream Oil &Gas Industry

Owing to the paradigm shift in the downstream refining model from one that was supply-driven to one that is demand-driven, many complex models are being used across the supply chain to enhance the key strategic, operational and financial metrics. A lot of technological advancementhastaken place over the past few yearsto improvethe quality of production plans generated and to devise strategies which make refinery operations more flexible.

Published in Downstream
Challenges:
  • Organizations have more data than ever at their disposal. Deriving meaningful insights from that data and converting knowledge into action.
  • To shift from a heuristics based decision making culture to a culture that is much more objective and data driven and embraces the power of data and technology. Most of the times, this desired shift ends up being just an imagination and inertia.
Published in Downstream

  1. Having a clear definition of the scope of work in place well ahead in the project initiation phase itself
  2. Rigorous mapping of business processes to the needed functionality followed by cost-effective and technically competent vendor selection capable to deliver the desired functionality
  3. Ensure configuration of all ‘As Is’ and ‘To Be’ business processes into ERP Software to avoid gaps in the functionalities provided by ERP and the business processes
  4. Proper synchronization of various phases of the project to derive the anticipated benefits from on-line integrated business processes and optimization in Supply Chain Management
Published in Downstream

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