IT Strategies in Upstream and Downstream Operations As the Oil and Gas industry undergoes continued and accelerated consolidation, the need for a flexible, extensible, scalable, and adaptable system is more important than ever along a firm’s supply-chain. Integration of suppliers as well as customers and distributors is difficult in this industry. Supply chains are highly inflexible both in terms of volumes handled and in terms of product variation/customization. Oil and Gas sector has so much uncertainty and to achieve robust predictability Technology is the key. Exploration and production will benefit from simplifying and streamlining data management and access, interlocking the experiences of regionally different workers, saturating investments and operational decisions.. Upstream Supply Chain: Supply Chain Database (SCD) ,Geographical Information System (GIS) and Data Interfaces help in Demand planning which includes demand forecasting , Integrated Planning which is Planning for the complete supply chain of the customer based on demand numbers , Distribution Planning which helps in Generating operational plans for distribution , Production Planning which helps in Generating operational plans for production. Timely flow of accurate information can affect performance of the supply chain to a large extent. Integration of demand chain information is critical . Process optimization is the key task for the Information Technologies it is a method that unites the
IT Strategies in Upstream and Downstream Operations As the Oil
and Gas industry undergoes continued and accelerated consolidation,
the need for a flexible, extensible, scalable, and adaptable system
is more important than ever along a firms supply-chain. Integration
of suppliers as well as customers and distributors is difficult in
this industry. Supply chains are highly inflexible both in terms of
volumes handled and in terms of product variation/customization.Oil
and Gas sector has so much uncertainty and to achieve robust
predictability Technology is the key. Exploration and production
will benefit from simplifying and streamlining data management and
access, interlocking the experiences of regionally different
workers, saturating investments and operational decisions..Upstream
Supply Chain: Supply Chain Database (SCD) ,Geographical Information
System (GIS) and Data Interfaces help in Demand planning which
includes demand forecasting , Integrated Planning which is Planning
for the complete supply chain of the customer based on demand
numbers , Distribution Planning which helps in Generating
operational plans for distribution , Production Planning which
helps in Generating operational plans for production.Timely flow of
accurate information can affect performance of the supply chain to
a large extent. Integration of demand chain information is critical
. Process optimization is the key task for the Information
Technologies it is a method that unites the modeling, designing and
monitoring of engineering assets with scheduling, supply chain,
trading a fulfillment via multiple flows of information between
stages in life cycle of products, bringing huge efficiencies.
Customer-segmentation strategies and effective demand management
will lead to increased top line revenues and reduced cost of
sales.Downstream Supply Chain: Different customers have different
and sometimes unique requirements and meeting these requirements
may necessitate different approaches to supply-chain configuration
and coordination. Overall performance can be improved through
effective matching of what is produced, when it is produced and the
quantities to be produced to the specific customer requirement.
Order management software helps in downstream supply chain as it
groups the customers according to priority and requirements.
