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SAP Business Transformation Study: Valero Energy Corporation
Managing growth is a monumental undertaking@and one that Valero Energy Corporation has mastered. But as one of the largest oil refinery companies in North

oil refinery  to become the largest oil refinery company in North America by pursuing an aggressive growth-through-acquisitions strategy that targets distressed companies. Valero went from one refinery in 1997 to 17 today, from 0.2 million barrels a day in refining capacity to 3.1 million, and from US$5 billion in revenue to more than $90 billion. Managing this growth, especially the assimilation of new companies into the corporate fold, is a monumental undertaking. One of its most challenging aspects was the Read More...
ERP for the Oil and Gas Industry (Upstream)
The model of ERP systems for the upstream oil and gas sector addresses the particularly specialized business model of this industry. It is common practice for companies, individuals, and government...
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Documents related to » oil refinery

AspenTech Keeps on Enhancing aspenONE
Process industries often find the sophisticated software products from Aspen Technology (a.k.a., AspenTech) quite functional and useful in catering to their

oil refinery  can import industry-standard crude oil assay data (essentially the chemical evaluation of crude oil) into Aspen PIMS where it is stored and easily accessible. AspenTech was re-listed on NASDAQ in 2010 (under the “AZPN” ticker symbol), and the company has grown significantly over the last few years. It appears that the vendor has painstakingly straightened its ship and got its foundations. Providing more value to customers via ongoing product releases should bode well for its future. Read More...
Triple Point Technology Acquires WAM Systems
Commodity value chain and supply chain planning (SCP) software apps merged yesterday when Triple Point Technology acquired WAM Systems. Triple Point is a global

oil refinery  process manufacturing industries including oil and gas, polymers, consumer packaged goods (CPG), food and beverage, pharmaceuticals, and chemicals. Notable customers include Indian Oil, LyondellBasell, PetroChina, PTT Global Chemical, Sasol Oil, Saudi Aramco , and Solvay . With WAM in its fold, Triple Point aspires to immediately deliver planning and optimization solutions to profitably manage commodity risk, material procurement, demand planning, finished goods forecasting, and sales and operations Read More...
Infor Releases Advanced Scheduling 5.5
The very first acquisitions by what is today Infor, former SCT Corp.’s process software division in 2002, continue to provide Infor with most competitive

oil refinery  the product. In chemicals, oil & gas, and other process industries, there is much more competition, such as AspenTech, SAP APO, Oracle Value Chain Solutions (VCS), WAM Systems (now  part of Triple Point Technology ), etc. Still, Infor is at least as competitive, except that AspenTech has specialized refinery simulation capability that allows settings of equipment to maximize throughput. The capability to change settings on this particular tower for these materials to products is unique to AspenTech. If Read More...
Why Privately Held Manufacturers Should Implement IFRS-ready ERP Solutions
While regulatory requirements to adopt International Financial Reporting Standards (IFRS) may be a concern for publically traded companies only, there are

oil refinery  a regulated market like oil and gas, you also need to begin capitalizing any potential cost of dismantling and bringing that asset back into workable order as it nears the end of its life cycle. Once the asset is capitalized, IFRS allows for two options for valuation after that date of recognition. It is possible to use the cost basis, which those accustomed to US-based GAAP are very familiar with; in this case, the asset would be depreciated over its useful life using whatever method reflects the way Read More...
B&G Machine Selects abas ERP
B&G Machine, a provider of diesel engine rebuilding and industrial component machining, and a sister company of HE Parts, has selected abas USA as its

oil refinery  customers in mining, marine, oil, gas and other power generation industries around the world.   With abas ERP , which reportedly prevailed over Microsoft Dynamics NAV and Epicor ERP , B&G Machine expects to be able to run its business from one system to improve visibility, track work in progress (WIP), improve inventory control, and further grow. One example of anticipated improvement opportunity would be identifying the company’s most frequent purchases, in order to optimize inventory through bulk Read More...
SCT Fygir To Lubricate Valvoline’s Supply Chain
On the heels of its win at Equilon, SCT Corporation recently secured another high-profile contract in the petroleum products sector with Valvoline, the $1.1

oil refinery  the $1.1 billion lube oil division of Ashland Inc. Valvoline will use Fygir Supply Chain Planning suite as part of a larger initiative to support its e-business efforts. The contract has a total value of more than $4 million in license fees and services. Acquired by SCT in 1998, Fygir supply chain suite provides the critical ingredient for SCT's integrated enterprise planning and execution suite, iProcess.sct. iProcess.sct binds together SCT's Adage Supply Chain Execution software, advanced planning Read More...
Ramco Finds Its Groove in Europe
With a broad suite offering for enterprise resource planning (ERP), aviation maintenance repair and overhaul (MRO), and maintenance and engineering (M&E), and

oil refinery  helicopter transportation services to oil and gas companies in the North Sea, Norwegian Sea, Barents Sea, and as well as for Shell in Nigeria, will be implementing Ramco’s Maintenance & Engineering (M&E) offering with preloaded content for fast and efficient cost capturing and tracking.   The vendor is actively pursuing many more businesses and is hoping for a successful journey in Europe. With a broad suite offering for ERP, MRO, and M&E, Ramco has been addressing the needs of airlines, Read More...
AVEVA Augments Its Advanced Simulation Capabilities, Acquires GMS
Simulation has become an integral part of the engineering software market. When we talk about return on investment (ROI) from simulation software implementation

oil refinery  such as for offshore oil rigs, and hazardous chemicals treatment and manufacturing plants. End users can definitely expect precise surveying output with AVEVA’s Laser Model Interface and GMS’s technology. Read More...
E-Procurement Energizes Energy
In the space of one week, three separate announcements paired E-procurement companies and energy companies in the creation of Internet marketplaces. Ariba

oil refinery  mySAP.com Marketplace for the Oil and Gas Industry. SAP will host this new Web-based marketplace for the energy industry A select group of Statoil suppliers will be invited to join in the pilot. Last but not least was Ariba, Inc. (NASDAQ: ARBA) who is joining with Chevron Corp. (NYSE: CHV) to create Petrocosm Marketplace, a company that will build and manage a Web-based marketplace for the energy industry. Ariba and Chevron will each hold minority stakes in Petrocosm, with the majority of ownership to be Read More...
Skelta BPM Is Now TEC Certified
To obtain TEC certification, Invensys completed TEC’s detailed research questionnaire for Skelta BPM and went through a formal comprehensive product

oil refinery  sectors such as utilities, oil and gas, and communications, Invensys also offers a wide variety of software solutions such as industrial automation and business process management, and a product stack including Skelta BPM.   Invensys has a particular focus in the business process management arena, with long-term experience in developing BPM solutions for a number of high profile customers, such as Acer, Siemens, and Unisys.   Invensys is publicly listed on the London Stock Exchange (LSE: ISYS.L) and Read More...
ERP for Oil and Gas Upstream RFI/RFP Template
Financials, Human Resources, Maintenance Management, Supply Chain Management, Product Technology

oil refinery  for Oil and Gas Upstream RFI/RFP Template Financials, Human Resources, Maintenance Management, Supply Chain Management, Product Technology Read More...
Creating Value From Global Commerce Management People, Process and Enablers
Companies are going global because the risk of not doing so greatly outweighs the comfort that staying domestic brings. According to a World Trade Organization

oil refinery  Despite the rise in oil prices the volume of world trade is likely to grow by 8.5% in real terms by the end of 2004. The liberalization of trade, the reduction of tariffs, the elimination of quotas, the continued rise in China as an industrial force, and the rise of outsourcing as a cost reduction opportunity, all create an environment that is full of opportunity and fraught with hazards. The ability to effectively manage global commerce will be a key strategic competitive differentiator. Global Read More...
IFS Applications 8 Is Now TEC Certified in Multiple Areas
Technology Evaluation Centers (TEC) is pleased to announce that IFS Applications version 8 is now TEC Certified. IFS Applications is one of the few software

oil refinery  Engineer-to-Order (ETO), ERP for Oil & Gas, Enterprise Asset Management (EAM)/Computerized Maintenance Management (CMMS), Financial Packages, ERP for Process Manufacturing, ERP for Mixed-Mode Manufacturing, and ERP for Fashion Industries. As usual, in order to obtain TEC Certification, for each of the knowledge area models the vendor completed TEC’s research questionnaire and went through a comprehensive demonstration of the product with TEC analysts. Beyond what is becoming the standard with respect Read More...

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