and gas industry or the petroleum industry is one of the most talked about industries today. Petroleum is used by many people all around the world and has become an important part of everyone’s routine. The industry also plays a significant role in the global economy. As most people know‚ Indonesia has a long and successful history in oil and gas production. Indonesian oil production is second only to China in the Asia Pacific region while the gas production is second to none. The industry also makes
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2006‚ 90 – 97. Supply Chain Management in the Petroleum Industry: Challenges and Opportunities RAED HUSSAIN Department of Quantitative Methods & Information Systems‚ Kuwait University‚ Kuwait TIRAVAT ASSAVAPOKEE Department of Industrial Engineering‚ University of Houston‚ Texas‚ U.S.A. BASHEER KHUMAWALA Department of Decision and Information Sciences‚ University of Houston‚ Texas‚ U.S.A. Supply chain management in the petroleum industry contains various challenges‚ specifically in the
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Topic-The Indian Petroleum Industry International Business & Trade Operations Management Module BM6913 Module Leader-Enda Murphy Paul Taffee Submitted by-Charles Daniel-17387781 Abhishek Pathy-1716093 Sarthak Das-1749108 Introduction to the Petroleum Industry. The petroleum industry includes the processes of refining‚ extraction‚ refining‚ transporting (often by the oil tankers and pipelines)‚ and marketing them. The larges t volume products of the industry are petrol and
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Porters Five Forces: (Petroleum Industry) Supplier Power: Strong The equipment manufacturers are small in number‚ yet large in size. Therefore‚ a high demand from the oil and natural gas companies has naturally given them an advantageous position within the sector. Their highly diversified product portfolio has continued to emphasize their strong bargaining power with the oil and natural gas companies. Due to the specialized nature of the suppliers‚ finding an alternative supplier is difficult
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Understanding Critical Success Factor Analysis Daniel Austin W. W. Grainger‚ Inc. W3C / WSAWG Spring 2002 Overview of CSF Analysis CSF analysis is: A method developed at MIT’s Sloan school by John Rockart to guide businesses in creating and measuring success Widely used for technology and architectural planning in enterprise I/T A top-down methodology that is especially suitable for designing systems as opposed to applications A reductionist method for going from an abstract vision to concrete
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The Pharmaceutical Industry: Key success factors High profit after launching the product: Before a pharmaceutical company establishes a new product it takes them a lot time and work. The whole project‚ from the beginning until the end‚ where the medicine can be launched can last about 12 years. But once the drug is on marked the producing company has very high margins. On average‚ a Blockbuster drug is for about eight years on the marked and each year it has revenues in the range of one
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downstream sector encompasses the refining‚ storage‚ distribution and marketing of petroleum products: • Refining Process: Crude oil is processed and refined into more useful products; • Storage: The products from the refining process are stored at depots via pipeline‚ land (trucks & rail) and sea (barge/vessel). These storage facilities are also called tank farms or terminals • Distribution and Marketing: Petroleum products are distributed from storage locations to the end-user directly or through
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THE STUDY OF CRITICAL SUCCESS FACTORS FOR KNOWLEDGE-BASED TECHNOLOGY SERVICE INDUSTRY INTRODUCTION 1.1 Research Background Most Taiwanese have witnessed the development of Taiwan with the focus on from agriculture‚ textile industry‚ light industry‚ electronic industry to hi-tech industry today. Due to the right direction of development chosen by local industries and the smooth transformation of Taiwanese industries‚ people here live a good life. Going to great length to develop hi-tech
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Pharmaceutical Industry - Key Success Factors There’s a time for everything. For Dr Ramakanta Panda‚ it was time to build a ’modern hospital’ in India. As a cardiac surgeon from the prestigious Cleveland Clinic‚ US‚ he was known for his super-safe hands. But his ideas proved too radical for the design team. Whoever heard of picture windows to ward off ICU psychosis? Or counselling areas for patients’ relatives? How would cafeteria‚ convenience store‚ library‚ public booth‚ Internet access‚ and
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ISSN: 2348 9510 International Journal Of Core Engineering & Management (IJCEM) Volume 1‚ Issue 7‚ October 2014 Critical Success Factors for Cement Industry in India: A Case Study Analysis Dr.R.L.Shrivastava1‚ Sanjeev Shrivastava2‚ Dr.S.K.Ganguly3 1 2 3 Professor and Dean‚ Faculty of Mechanical & Production Engineering‚ Yeshwantrao Chawan College of Engineering‚ Nagpur University‚ Maharashtra State‚ India PhD Research Scholar‚ Department of Mechanical & Production Engineering‚ Yeshwantrao Chawan
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