scholarly journals APPLICATION OF TRANSPORTATION MODEL FOR OPTIMAL PRODUCT DISTRIBUTION CHAIN MANAGEMENT

2021 ◽  
Vol 3 (3) ◽  
pp. 107-117
Author(s):  
Dr. Peter Ositadinma Ndubuisi
Keyword(s):  
Oil And Gas ◽  
Feasible Solution ◽  
Product Distribution ◽  
Business Success ◽  
Business Organizations ◽  
Basic Feasible Solution ◽  
Transportation Model ◽  
Chain Management ◽  
Distribution Chain ◽  
The Impact

Many business organizations are operating at an unacceptable high distribution chain costs even as industrial competition continues to pose as a major challenge to business success.  Linear programming devices can help organizations achieve efficiency.  This research aims at establishing the impact of Transportation algorithm in optimal product distribution and scheduling of business organizations.  In a field study of NOWAS Oil and Gas, data was significantly secondary sourced, resulting from indepth analysis of existing documented content materials on the subject.  Practical application of the least cost method scheduling and North West Corner Rule method of an initial basic feasible solution was imminent.  Revising that solution using the stepping stone method translated to an optimal distribution schedule and a minimum cost profit in yearly distribution schedule of Nowas Oil and Gas, Enugu.  It is recommended that business organizations carryout careful analysis of their supply and demand constraints in materials and products distribution for cost minimization and overall resource optimization. Keywords: Application, Transportation Model, Basic Feasible Solution, Optimality, Distribution Chain, Management.

scholarly journals Learning from Royal Shell’s Logistics and Supply Chain Management

2020 ◽  
Vol 9 (1) ◽  
pp. 91-104
Author(s):  
AbdulGhani Gaghman
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Oil And Gas ◽  
Organization Performance ◽  
Chain Management ◽  
Cost Planning ◽  
Royal Dutch Shell ◽  
The One ◽  
The Cost ◽  
The Impact

The study is conducted to analysis the supply chain management paying special attention to the logistics. The aim is to understand the impact of logistics on organization performance, also to help in identifying opportunities for cost/time removals and/or value adding along the supply chain. The company chosen for the study is Royal Dutch Shell Plc. As Shell is the one of the big-gest Oil and Gas Company known in the world and one of the leaders of logistic and supply chain management.  Though Shell is working efficiently for providing customers with quality services still there are is-sues with the supply chain which should be taken care of in order to be much better. These factors grouped in Control the Cost, Planning and Risk Management, Suppliers/Owners Relationship Management. Study concluded with some suggestions can be adopted by any organization aiming for better performance in supply chain.

Learning from Royal Shell’s Logistics and Supply Chain Management

2020 ◽  
Vol 7 (1) ◽  
pp. 91-104
Author(s):  
AbdulGhani Gaghman
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Oil And Gas ◽  
Organization Performance ◽  
Chain Management ◽  
Cost Planning ◽  
Royal Dutch Shell ◽  
The One ◽  
The Cost ◽  
The Impact

The study is conducted to analysis the supply chain management paying special attention to the logistics. The aim is to understand the impact of logistics on organization performance, also to help in identifying opportunities for cost/time removals and/or value adding along the supply chain. The company chosen for the study is Royal Dutch Shell Plc. As Shell is the one of the big-gest Oil and Gas Company known in the world and one of the leaders of logistic and supply chain management.  Though Shell is working efficiently for providing customers with quality services still there are is-sues with the supply chain which should be taken care of in order to be much better. These factors grouped in Control the Cost, Planning and Risk Management, Suppliers/Owners Relationship Management. Study concluded with some suggestions can be adopted by any organization aiming for better performance in supply chain.

Consideration of Geopolitical Challenges within the Analysis of Geoenvironmental Risks for Oil and Gas Development of the Russian Arctic

2019 ◽  
Vol 16 (6) ◽  
pp. 50-59
Author(s):  
O. P. Trubitsina ◽  
V. N. Bashkin
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Optimal Operation ◽  
The Arctic ◽  
Stage Model ◽  
Oil And Gas Development ◽  
Gas Industry ◽  
The Impact ◽  
Further Development ◽  
Geopolitical Risks

The article is devoted to the consideration of geopolitical challenges for the analysis of geoenvironmental risks (GERs) in the hydrocarbon development of the Arctic territory. Geopolitical risks (GPRs), like GERs, can be transformed into opposite external environment factors of oil and gas industry facilities in the form of additional opportunities or threats, which the authors identify in detail for each type of risk. This is necessary for further development of methodological base of expert methods for GER management in the context of the implementational proposed two-stage model of the GER analysis taking to account GPR for the improvement of effectiveness making decisions to ensure optimal operation of the facility oil and gas industry and minimize the impact on the environment in the geopolitical conditions of the Arctic.The authors declare no conflict of interest

Use of thermomechanical pulp fibers from waste woods for making eco-friendly cushioning material

TAPPI Journal ◽  
2010 ◽  
Vol 9 (7) ◽  
pp. 15-21 ◽  
Author(s):  
JI-YOUNG LEE ◽  
CHUL-HWAN KIM ◽  
JEONG-MIN SEO ◽  
HO-KYUNG CHUNG ◽  
KYUNG-KIL BACK ◽  
...  
Keyword(s):  
Impact Test ◽  
Product Distribution ◽  
Expanded Polystyrene ◽  
Thermomechanical Pulp ◽  
Fiber Structure ◽  
Pulp Fibers ◽  
Cationic Starch ◽  
Thermal Insulating ◽  
Surface Sizing ◽  
The Impact

Eco-friendly cushioning materials were made with thermomechanical pulps (TMPs) from waste woods collected from local mountains in Korea, using a suction-forming method without physical pressing. The TMP cushions had superior shock-absorbing performance, with lower elastic moduli than expanded polystyrene (EPS) or molded pulp. Even though the TMP cushions made using various suction times had many voids in their inner fiber structure, their apparent densities were a little higher than that of EPS and much lower than that of molded pulp. The addition of cationic starch contributed to an increase in the elastic modulus of the TMP cushions without increasing the apparent density, an effect which was different from that of surface sizing with starch. In the impact test, the TMP cushions showed a more ductile pattern than the brittle EPS. The porosity of the TMP cushion was a little less than that of EPS and much greater than that of molded pulp. The porous structure of the TMP cushions contributed to their excellent thermal insulating capacity, which was equivalent to that of EPS. In summary, the TMP packing cushions showed great potential for surviving external impacts during product distribution.

Effective service delivery through quality management system (QMS) in oil and gas servicing companies, a case study of selected firms, Port Harcourt

2019 ◽  
Author(s):  
Chem Int
Keyword(s):  
Quality Management ◽  
Service Delivery ◽  
Management System ◽  
Oil And Gas ◽  
Quality Management System ◽  
Local Content ◽  
Port Harcourt ◽  
Test Of Hypotheses ◽  
The Impact ◽  
Effective Service

This study investigated the impact of Quality Management System (QMS) on effective service delivery in Oil and Gas Servicing Companies in selected firms in Port Harcourt, Nigeria. The opinion of 50 respondents were sampled using questionnaires, interviews as well as observation from journals and texts used in this work to examine the Quality Management System (QMS) of the selected firms. Using simple percentages and the Chi-square (X2) test of hypotheses, it was hypothetically established that the implementation of QMS practices, has impacted the work process, procedure and improvement on quality over the years in the Oil and Gas Servicing companies in Port Harcourt Nigeria. The research identified an adopted use of Failure Mode and Effect Analysis (FMEA) tool as a continual quality improvement initiative developed in the local content oil and gas servicing operation for equipment handling, management and to drive sustained improved performance quality processes as a key driver of a progressive that will place local content companies as an options for producing companies and at par with multinational oil and gas companies.

The Impact of Oil Price Fluctuations on Industry Stock Returns: Evidence from International Markets

2018 ◽  
Vol 5 (1) ◽  
pp. 1-12
Author(s):  
Elias Randjbaran ◽  
Reza Tahmoorespour ◽  
Marjan Rezvani ◽  
Meysam Safari
Keyword(s):  
Stock Returns ◽  
Oil And Gas ◽  
Negative Relationship ◽  
The United States ◽  
Oil Price ◽  
Price Variation ◽  
Price Changes ◽  
Price Fluctuations ◽  
Food And Beverage ◽  
The Impact

This study investigates the impact of oil price variation on 14 industries in six markets, including Canada, China, France, India, the United Kingdom, and the United States. Panel weekly data were collected from June 1998 to December 2011. The results indicate that price fluctuations primarily affect the Oil and Gas as well as the Mining industries and have the least influence on the Food and Beverage industry. Furthermore, in three out of six of these countries (Canada, France, and the U.K.), oil price changes negatively affect the Pharmaceutical and Biotechnology industry. One possible reason for the negative relationship between oil price changes and the Pharmaceutical and Biotechnology industries in the above-mentioned countries is that the governments of these countries fund their healthcare systems. Portfolio managers and investors will find the results of this study useful because it enables adjusting portfolios based on knowledge of the industries that are impacted the most or the least by oil price fluctuations.

The Role of Migration in the Formation of Regional Labour Markets Amidst the Second Wave of Depopulation in Modern Russia

2020 ◽  
Vol 27 (6) ◽  
pp. 26-36
Author(s):  
A. V. Topilin ◽  
A. S. Maksimova
Keyword(s):  
Labour Market ◽  
Oil And Gas ◽  
Labour Markets ◽  
Labour Migration ◽  
Sample Surveys ◽  
Balance Sheets ◽  
Permanent Migration ◽  
Regional Labour Markets ◽  
The Impact

The article reflects the results of a study of the impact of migration on regional labour markets amidst a decline in the working-age population in Russia. After substantiating the relevance of the issues under consideration, the authors propose a methodological analysis toolkit, the author’s own methodology for calculating the coefficients of permanent long-term external and internal labour migration in regional labour markets, and the coefficient of total migration burden. In addition, the authors provide an overview of the information and statistical base of the study. According to current migration records, data of Rosstat sample surveys on Russian labour migrants leaving for employment in other regions, regional labour resources balance sheets based on the calculated coefficients of labour market pressures, the authors analyzed the impact of migration on the Russian regional labour markets over the past decade. It revealed an increasing role of internal labour migration in many regions, primarily in the largest economic agglomerations and oil and gas territories. At the same time, the role of external labour migration remains stable and minimum indicators of the contribution of permanent migration to the formation of regional labour markets continue to decrease. It has been established that irrational counter flows of external and internal labour migration have developed, which indicates not only an imbalance in labour demand and supply but also a discrepancy between the qualitative composition of migrants and the needs of the economy. It is concluded that the state does not effectively regulate certain types of migration, considering its impact on the labour market. The authors justified the need for conducting regular household sample surveys according to specific programs to collect information about labour migrants and the conditions for using their labour. In addition to the current migration records, using interregional analysis, this information allows making more informed decisions at the federal and regional levels to correct the negative situation that has developed in the regional labour markets even before the coronavirus pandemic had struck.

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