Idemitsu Kosan Transforms its Refining Operations with AVEVA’s Value Chain Optimization Solution
Goals
- Improve decision making process to achieve higher refineries margins, maximize utilization of refineries assets, and minimize crude and transportation costs.
- Standardize its downstream operations and simplify supply chain processes to increase agility and transparency across headquarters and refineries.
- Optimize the enterprise value chain and maximize economic opportunities for its integrated multi-plant business.
Challenges
- Lack of visibility across the company’s enterprise value chain resulting in disconnected processes and siloed operations.
- Low confidence in refinery plans due to unstable LP planning models and inability to optimize complex, multi-refinery scenarios.
- Legacy planning tool was hard to learn and understand, requiring specialized skill sets, and created a barrier to training new users and sharing models across the enterprise.