Chemical and Petroleum

We can assist you in addressing specific optimization problems as well as whole Supply Chain Optimization problem in Chemical and Petroleum industry.

Optimization Problem: Mixing of crude oil and crude oil refinement involve non-linear optimization problem.  Workforce scheduling and vendor selection uses other aspects of optimization. Optimization enables decision makers to improve planning, scheduling, and production processes within refineries that impact day-to-day business operations and long-term asset investment strategies.

Supply Chain Optimization: Crude oil production, pipeline design and planning, distribution of products involve network wide optimization. Operations Research support the complex strategic planning, supply chain management and daily operations of chemical and petroleum manufacturers, marketers, and distributors.

Business problems include:

Resource Planning, Asset Investment Strategy, Unit Performance Monitoring, Production Yields, Crude Oil Loading and Unloading, Mixing of Crude Oil, Distribution of Products, Oil Explorations, Crude Oil Procurement, Pipeline Design and Planning, Distribution Optimization, Workforce Scheduling, Vendor Selection

Common Optimization Problems: 

  • Blending and Mixing Problems
  • Vehicle Routing Problems
  • Network Design Problems
  • Markowitz Portfolio Selection Problems
  • Non Linear Programming Problems