Idemitsu Kosan Transforms its Refining Operations with AVEVA’s Value Chain Optimization Solution

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.