APPLICATIONS » SUPPLY CHAIN MANAGEMENT » LOGISTICS PLANNING & EXECUTION » SOLUTIONS IN ACTION

Supply Chain Management
  Corporate Performance Management
  Key Performance Indicators
  Planning & Forecasting Tools

     Supply Demand Management
     Logistics Planning & Execution
       Benefits
       KPIs
       Client Success
       Solutions In Action
     Financial Operations Management
     Risk Management
     Inventory Management
     Trade Management
 
Benefits KPIs Client Success Solutions In Action
The challenge for one OILspace client was to reduce costs related to its growing logistics operation. They needed to manage hundreds of loading instructions every month for the dispatch and arrivals of thousands of rail cars through more than a dozen ports transporting various unique crude and product types. Timing is everything in shipping, and costs involved with having to re-schedule and re-load product can eat away at company profits as shipping costs are second only to the product itself. This company had no centralized system to move product requests from order entry through invoicing. It required several integrated solutions from OILspace to remove various bottlenecks in its supply chain and re-direct standardized processes, workflow and data from the front end.

OILspace Solution: By deploying the OILspace Energy Service Bus (ESB) integration and real-time messaging platform, this client was able to unlock bottlenecks for a free flow of live transaction data throughout the organization. The company also integrated several other ASPect Office components, along with Logistics Planning & Execution which delivered the tools to track product movement in real-time to reduce delays and invoicing errors, and improve risk management for physical products in transit. Because it operates its own fleet of rail cars and ships, reducing the need for third-party transportation was also essential. ASPect Office helped improve fleet utilization rates and turnover by as much as 30%. Opportunities and increased revenue have been created through visibility of the most viable shipping routes, and emergency stock situtations have been decreased through better planning. They’re now able to make decisive changes on scheduling without lost time. All documentation is centralized and accessible by necessary departments.
 


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