Enterprise Inventory Management in Volatile Markets

Developed by: AIChE
  • Type:
    Conference Presentation
  • Skill Level:
    Intermediate
  • PDHs:
    0.50

Share This Post:

You will be able to download and print a certificate for these PDH credits once the content has been viewed. If you have already viewed this content, please click here to login.

Hydrocarbon and other commodity prices are increasingly volatile due to factors which include speculation, reduced inventory and a lack of spare capacity. Energy prices are likely to trend higher as we replace depleted crude oil and natural gas fields and reduce emissions. In this environment optimizing the inventory held by any enterprise across its supply chain becomes both more difficult and more important. This paper describes the use of state of the art supply chain planning and scheduling solutions to address this challenge in the oil refining and LNG industries. Case studies are used to demonstrate how leading energy companies reduce inventory, transportation and production costs while increasing reliability and agility. These results are achieved by improving decision making through better data collection, validation and visualisation, better models to simulate and optimize the supply chain and better collaboration and communication.

This recording is FREE to members of the Fuels and Petrochemicals Division of AIChE. AIChE members may join the Division for only $10. Join F&PD now and return to this page with your new log-in and you will receive this presentation for FREE.
F&PD Members: Simply click on “click here to buy this archived webcast ” below and your ‘0’ price will appear in your shopping cart.
Presenter(s): 

Checkout

Checkout

Do you already own this?

Log In for instructions on accessing this content.

Pricing

AIChE Member Credits 0.5
AIChE Members $15.00
AIChE Fuels and Petrochemicals Division Members Free
AIChE Undergraduate Student Members Free
AIChE Graduate Student Members Free
Non-Members $25.00