Operationally Intuitive Logistics Dashboards for Supply Chain Management in Oil and Gas Based on Human Cognition

2019 ◽  
Vol 20 (4) ◽  
2021 ◽  
Author(s):  
Md Abdur Rahman ◽  
Syed M. Belal

Abstract Keeping track of the oil and gas supply chain is challenging task as the route and transportation requires sophisticated security environment - both physical systems’ and IT systems’ security. Thanks to the recent advancement in IoT, specialized sensors can keep track of the required supply chain environment. With the help of blockchain, the supply chain data can be immutably saved for further sharing with stakeholders. Due to the introduction of AI as an embedded element within 6G networks, the end-to-end supply chain process can now be automated for safety, security, and efficiency purposes. By leveraging 6G, AI, blockchain, and IoT, the supply chain data during the transportation or at rest can be monitored for any changed environment during the movement of the ship through national or international routes. In this paper, we study the requirements of such intelligent and secure supply chain management system conducive to the oil and gas industry. We also show our proof-of-concept implementation and initial test results. Our obtained results show promising prospect of the current system to be deployed to safeguard the oil and gas supply chain.


2018 ◽  
Vol 193 ◽  
pp. 05064 ◽  
Author(s):  
Ekaterina Kuleshova ◽  
Anastasia Levina ◽  
Rustam Esedulaev

The paper describes the principle of the reengineering of supply chain management integrated scheduling processes in order to increase in efficiency of business process and decrease the decision-making time at collision of plan-fact deviations. The basic concept of business-processes reengineering is analyzed. The experience of reengineering of supply chain integrated scheduling business processes for the oil and gas branch is presented. The bottlenecks of the current practice were revealed. The purpose of this paper is to carry out recommendations for improving business processes based on an analysis of the current realization of the process, his provision with information systems and data flows.


2020 ◽  
Vol 8 (5) ◽  
pp. 58-67
Author(s):  
Sahar E-Vahdati ◽  
Mohsen Akbari ◽  
Khosro Habibi

Purpose of the study: This study aims to examine the influence of supply chain management practices on the performance of the supply chain in oil and gas companies in Iran. Methodology: This is quantitative survey-based research and sampling is a simple random in which data are collected through a standard questionnaire. The questionnaires are distributed among 170 respondents in west oil and gas companies in Iran. The sample consists of 78% male and 22% female, who are mostly from the age range of 35-45. For hypotheses testing, descriptive statistics and structural modeling systems are used through SPSS and AMOS software to investigate the relationships between variables. Main Findings: The finding reveals that all supply chain management practices, namely supply chain unity, information sharing, and partner relationship management, have a significant positive impact on supply chain performance. Applications of this study: The findings of the study can be implemented in the oil and gas industry to enhance supply chain performance. Besides, chain managers will understand the effects of implementing effective and high-quality supply chain unity, information sharing, and partner relationship management in performing of the supply chain in their companies. Novelty/Originality of this study: This study contributes to the literature by utilizing the social exchange theory in the relationship between supply chain management practices and supply chain performance in oil and gas companies.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Izzat Amin ◽  
Suhaiza Zailani ◽  
Muhammad Khalilur Rahman

Purpose The aim of this study is to investigate the employee perceptions of organizational support for environmental behaviours and its impact on innovative environmental behaviours and frequency of involvement in upstream oil and gas supply chain management. The study also examines a new area where environmental work culture has been introduced as a facilitator on the relationship between employees’ perceptions and engagement in supply chain management. Design/methodology/approach Self-administered questionnaires were used for collecting data from supply chain managers in production arrangement contractor and service provider company in Kuala Lumpur. Partial least squares was used for data analysis. Findings The findings reveal that supervisory support for environmental initiatives and environmental training is positively related to employees’ perception of organizational support for environmental behaviours, while rewards provided by the organization for environmental behaviours are not associated with it. The employees’ perceptions of organizational support for environmental behaviours have a significant impact on employees’ engagement in environmental behaviours in both forms of employees’ frequency of involvement and employees’ innovative environmental behaviours. The findings also show that environmental work culture moderates positively the impacts of organization’s support practices (supervisory support for environmental initiatives and rewards provided by the organization for environmental) on employees’ perception of organizational support for environmental behaviours. Originality/value The study critically examines the possible impact of enablers of engagement in environmental behaviours and how employees’ perceptions of organizational support reflect their engagement towards environmental behaviours of the organizational practices. The findings are useful for supply chain management practitioners in terms of exerting environmental behaviours and facilitating employees’ environmental behaviours in the upstream oil and gas supply chain management sector.


2021 ◽  
Author(s):  
Obaro Jerry Ugolo

Abstract The Nigeria oil and gas industry is a highly capital intensive market. with possibility of high profit or great losses. Oil price trends over the last 3 decades shows cyclical and relatively high volatility. This is due to geopolitical and economic factors including dollar value, governments and organizations (like OPEC's actions), that influence global supply and demand. In 2020, due to the COVID-19 crises, public health became a key factor influencing oil price (due to its severe adverse impact on demand). Studies have shown that even an increase in production volumes will not be able to bring about profitability in the industry. Clearly, management of costs including a lean supply chain that ensures that material/services for production are available at the right price and time is critical for the profitability of future oil and gas supply. Oil producing firms require an optimum supply level of material and services to competitively deliver its end-product. This paper discusses the effect of LEAN supply chain management on the profitability of oil & gas firms in Nigeria. It also appraises the relationship between lean processes and operational efficiency of oil and gas producing companies. Using quantitative and descriptive research design methods, an online survey has been used to gather information from respondents from different oil and gas companies. Secondary data was also obtained from annual reports of relevant companies to show their crude oil production levels vis-à-vis profitability over a five-year period. Based on analysis of information received from the research conducted, it has been recommended that better supply related collaboration between the organizations in the industry is necessary for sustained profitability. Companies need to link upstream and downstream flows of products, services and information to help reduce costs, wastages and ensure profitability. In, line with this, steps have been proferred to establish lean processes for organization. The researcher concludes that established industry-wide lean supply chain management processes and practices and collaboration e critical to competiveness and sustainable profitability in the oil and gas industry.


2021 ◽  
Vol 5 (3) ◽  
pp. 54-68
Author(s):  
Oluwarotimi Odunayo Akintokunbo ◽  
Biebele Emmanuel Arimie

Nigeria has abundant deposit and supply of accessible crude oil and gas resources and it remains the mainstay of her economy. The oil and gas industry in Nigeria is a part of the global oil and gas market which depends on effective and efficient supply-chain management system for the seamless procurement of goods and services (domestic and international), logistics, operations and production management, warehousing, storage of goods from organisations supplier’s suppliers to the customer’s customers with the help of adequate use of modern information and communication technology. The purpose of this study was to examine supply chain management: a game changer in the oil and gas industry in Nigeria. The paper is largely a literature review, hence a desk research methodology was adopted. The paper revealed that the industry offers a classic model for changing the competition game in the sector through a lean, innovative and environmentally sustainable integrated supply chain management system, as today’s competition is no longer between organizations, but among supply chains that compete to reduce their cost of acquisition, production, logistics and warehousing along the chain while delivering customers products and services of quality at the right time, quantity and quality, at the right place and total cost, and creating value throughout the chain.


2011 ◽  
Vol 01 (05) ◽  
pp. 104-111
Author(s):  
OYEDOKUN Akintunde ◽  
Jonathan AWOREMI ◽  
Joshua Remi ◽  
ODEYEMI, Joshua Taiwo

The paper examined the elusive factors influencing share value in the Nigeria oil and gas industry with the aim of determining their effect and the extent to which they influenced share value. A simple random technique was used to select three of the six listed oil and gas companies on the Nigeria stock exchange. A stratified random technique was then used to select respondent in the functional department across the selected oil and gas industry. Both secondary and primary data were involved in the study. Stepwise regression analysis was used to capture the relative contribution and effect of the factors on share value. The results exhibit a strong relationship between the oil and gas industry market value and the elusive factors -Innovation, human capital, and supply chain management. Innovation was indentified to be the major driving force adding value to the Nigerian oil and gas industry, followed by human capital development and supply chain management.


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