aspenONE Supply & Distribution for Refining & Marketing
Overview aspenONE Supply and Distribution for Refining & Marketing provides an integrated enterprise solution for petroleum supply chain management, enabling many simultaneous users to visualize market demand, pinpoint inventory trouble spots, and proactively schedule supply chain movements to discover the most profitable distribution, exchange, and inventory plan. AspenTech is the market leader in delivering innovative solutions to solve petroleum supply chain challenges.
The Challenge: Accurate Planning in a Complex, Dynamic Market
Maximize profitability and increase speed of decision making by increasing operational visibility and improving asset utilization for petroleum companies
Petroleum companies operate most profitably when inventory and distribution aligns with market demand. The crux of the challenge is in the complex petroleum supply chain, characterized by a proliferation of grades, multiple divisional silos, global operations, and opportunities to buy, make, sell, exchange, or trade crude and products with short notice. Successful companies are those who focus on: Maximizing asset utilization while minimizing costs and improving customer service Integrating the complete supply chain including integration of refinery operations with the distribution network Mitigating the risk associated with lack of demand visibility and supply volatility Improving efficiency with standardized business processes with local language support
The AspenTech implementation produced large cost reductions and generated a high confidence level in the transportation plans. Xingyou He, Sinopec
aspenONE Supply & Distribution for Refining & Marketing
The aspenONE S&D Solution aspenONE Supply & Distribution for Refining & Marketing provides a comprehensive, enterprise solution for optimizing the petroleum supply chain, including managing terminal demand, scheduling crude and product movements, monitoring inventories at thousands of worldwide locations, and scheduling distribution to retail and commercial customers. It includes pre-built integration with SAP R/3 and other ERP systems and supports data visualization, enterprise-level reporting, and alert messaging. Built exclusively for the petroleum industry, the complete S&D solution leverages AspenTechs integrated, world-class optimization technology to identify the most profitable distribution, exchange, and inventory plan. Core components include: Aspen Collaborative Demand Management, a web-based solution for organization-wide collaborative forecasting involving statistical analysis, trending, and seasonal adjustments to address demand events. Aspen Petroleum Supply Chain Planner, a powerful economic planning tool that solves multi-commodity, multi-period transport optimization problems related to allocating resources (including transportation, raw materials, sales demands, or processing facilities) and balances them to maximize profitability. Aspen Petroleum Supply Chain Planner includes enhanced case comparisons to leverage exchange agreements and reporting capabilities to better manage the primary distribution of petroleum products. Aspen Inventory Management & Operations Scheduling (IMOS) enables operations personnel to accurately and effectively manage the hour-to-hour, day-to-day operational activities while conducting thorough analysis. For crude and finished products, Aspen IMOS manages supply and demand balancing, inventory, nominations, confirmations and exchanges management, movement scheduling for all transportation methods, including rail, and contract monitoring, while providing decision-support tools to further manage the petroleum supply chain. Aspen Fleet Optimizer, fulfillment software for motor fuels, composed of automated stock replenishment and transportation scheduling optimization for automated management of demand forecasts, replenishment plans, and delivery execution. It is available with options to leverage voice and web-based tools for increased collaboration, decreasing risk of supply shocks and distribution costs.
Function Inventory Management and Visibility View current and future inventory levels Analyze planned, scheduled, and committed movements
Benefit Provides a comprehensive enterprise-wide view into current and future inventory and movements
Reduces inventory safety stock levels and working capital
with improved demand and supply information
Conduct physical and operational inventory
reconciliations from automated inventory feeds
Operations Scheduling and Movements Management Plan, schedule, and monitor movements of crude and finished products via multiple transportation modes for both primary and secondary distribution
Keeps operations synchronized with the distribution plan Reduces costs and improves operations associated with integration between planning and scheduling
Anticipates and takes advantage of supply and demand
fluctuations
Contract Monitoring and Deal Balance Tracking Track and match inventory movements to current and future buy-sell deals and exchanges
Takes advantage of favorable inventory trading opportunities Manages contractual commitments
Monitor the current and future balances of spot, term,
and exchange deals; create and execute book-outs
Supply and Demand Balancing Balance demand with refinery production and supply chain constraints by product, region, and location
Optimizes decisions to make, trade, or exchange crude or
finished product
Develop scenarios and perform whatif analysis
Optimizes crude and product margin while maximizing
refinery throughput
Demand Forecast and Management Create and maintain demand projections utilizing statistical techniques
Provides accurate projections of market demand with
collaboration from demand sources
Facilitate forecast collaboration with external parties
via remote web-based access
Supports best-practice demand management business
processes
Petroleum Supply Chain Integration Integrate between refinery planning/scheduling and
distribution planning/scheduling
Ensures more accurate and timely plans/schedules and
reduces the impact of unanticipated supply disruptions
Gain visibility into all demand sources, inventory
levels, and production for enterprise wide planning
Reduces IT integration and maintenance costs Supports enterprise-wide optimized plans vs. local or regional optimization
Integrated Petroleum Supply Chain Optimization with aspenONE for Refining & Marketing
The aspenONE S&D for R&M solution workflow highlights the integration required between the refinery and the distribution system to optimize margins.
Empower Your Company to Succeed
aspenONE Refining and Marketing Supply Chain solutions provide the tools that enable refiners to improve supply chain visibility and operational efficiency. AspenTechs Professional Services team helps customers maximize benefits by effectively deploying solutions and best practices in demand management, refinery planning and scheduling, and distribution. Unparalleled industry knowledge combined with comprehensive solution expertise has allowed AspenTech to deliver thousands of successful implementations, driving increased margins for our customers. Combined with our worldclass 24/7 technical support service, flexible training options, and local language product availability, AspenTech provides the resources to enable your company to meet and exceed its business objectives. To learn more, visit www.aspentech.com/pro_services.
Worldwide Headquarters Aspen Technology, Inc. 200 Wheeler Road Burlington, MA 01803 United States phone: +17812216400 fax: +17812216410 info@aspentech.com
About AspenTech AspenTech is a leading supplier of software that optimizes process manufacturingfor energy, chemicals, pharmaceuticals, engineering and construction, and other industries that manufacture and produce products from a chemical process. With integrated aspenONE solutions, process manufacturers can implement best practices for optimizing their engineering, manufacturing, and supply chain operations. As a result, AspenTech customers are better able to increase capacity, improve margins, reduce costs, and become more energy efficient. To see how the worlds leading process manufacturers rely on AspenTech to achieve their operational excellence goals, visit www.aspentech.com.
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