Supply Chain

Supply Chain Oil

This paper will discuss supply chain dynamics in the oil industry. Businesses operating in the oil and gas sector realize that the right technology allows businesses to improve operations and build relationships with customers. The transportation of goods, in the oil sector, is highly complex. The oil companies seek effective strategies for the purpose of transportation of goods between different depots and customer locations.

Supply Chain Management is a very broad subject. It consists of different areas with different degrees of complexities. Supply Chain Management is considered to be an independent field. The field was evolved from Strategic Management and Marketing. In this dissertation, the most relevant topics of supply chain management have been included for discussion. In the current era, the primary focus of supply chain management is on green logistics and the environment. Therefore, this research will examine supply chain management from a top-view perspective.

A supply chain is an organization of a network that connects producers, marketers, distributors, and consumers in a complex manner to move a commodity from producers to consumers. A supply chain contains various actors, from producers to consumers, technology, regulations, activities, resources, information, and forms of governance. The supply chain, also known as the global commodity chain is currently one of the most widely used approaches to studying interfirm relations in the global business system. Within this system, notwithstanding, there is a burgeoning of covering names and notions, for example global value chains, value framework, creation networks, value networks, commodity framework dissection, et cetera, as different creators have improved the thought in distinctive ways

A supply chain is an organization of a network that connects producers, marketers, distributors, and consumers in a complex manner to move a commodity from producers to consumers. A supply chain contains various actors, from producers to consumers, technology, regulations, activities, resources, information, and forms of governance. The supply chain, also known as the global commodity chain is currently one of the most widely used approaches to studying organizational relations in the global business system.

In the supply chain management, the supply chain visibility is to adopt a strategy is suitable for the particular product and an effective step in the development of a strategy. Supply chain visibility is considered important, due to organization's demand for the product, suggesting that they are either functional or innovative. Functional products are like goods, they tend to be stable. They are the fast moving consumer goods that are available to the public and meets basic needs, which do not change over time. The supply chain of functional products is efficient and low-cost. The supply chain of innovative products is short. These products have volatile demand which is often difficult to predict.

In order to be profitable, oil companies are required to consider different factors. First of all, it is important to ensure that their products keep moving. Second, it is important to ensure that haulers get their product moving. Third, it is important to ensure that vendors maintain the right inventory ...