The approach uses synergies that exist between various refinery functions to maximize corporate profit
Supply chain management has been a "buzzword" for some time. A number of papers have described single-site planning and supply chain implementations. A few attempts have been made to integrate the supply chain planning activities across a multisite refining and petrochemical company with some success.
This article describes an integrated planning solution delivered at the Indian Oil Corporation Limited (IOCL). Integrated planning is a critical system that sits at the top of IOCL's entire supply chain solution. The set of models, software and interfaces that constitute the supply chain solution, in turn, plays a significant role in IOCL's IT strategy to meet its business objectives.
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