Pt Pertamina – An integrated Supply Chain
11/05/2016
Good morning from today’s blogging team Becky, Michael and Chrissy. Today dressed in traditional clothing.
Today’s Blogging team ???
Today we are visiting Pt Pertamina. Pertamina is Indonesia’s largest state-owned company enterprise in terms of revenue and income. It has been established in 1957 and is successful ever since.
The company produces a multitude of commodities such as fuel, kerosene, LPG, LNG and petrochemicals.
Daniel Purba (Vice president for integrated supply chain at Pertamina) invited us to the Indonesian headquarters in Jakarta and talked to us about the Integrated Supply Chain Activities at Pt Pertamina.
Originally the department was considered as foreign marketing division in 1990’s until 2008. Since then the integrated supply chain finds the optimum quantity to produce for the optimum refinery margin.
Optimization of production in downstream planning optimization. They calculate the optimum balance for production 3 months in advance (rolling forecast). This is how they overcome the volatility of the international market oil price. ISC not only compares market prices but takes into consideration logistics costs as well.
Sweet or sour?
Based upon sulphur content within the oil crude oil can be divided into sweet and sour crude oil.
Sweet crude oil: less than 0.5% sulphur content
Sour crude oil: cheaper, due to the need to add more chemicals to refine as sulphur content usually between 0.8-1.5%
Pertamina is currently changing internally. In former times planning has been done by Pertamina in Indonesia and executions have been made out of Singapore. Since Jan 2015 cut out the middle men in Singapore and ever since ISC is doing all activities theirselves.
Staff development:
5-10 year plan (2030) is in place including staff development. Pertamina just built its own university in order to qualify people even better. People are being sent overseas to train employees. Scholarships are available for Masters degree and Ph.D. Programs in Indonesia and overseas.
What a cool presentation ?
It’s getting hot in here
Well this is awkward…
Categories & Tags:
Leave a comment on this post:
You might also like…
Gear up for the future of vehicle design: Introducing the MSc in Virtual Prototyping for Vehicle Structures (VPVS)
The automotive and motorsport industries are in a constant state of evolution. Light weighting, electrification, and ever-stringent safety regulations are driving a revolution in vehicle design. But this innovation requires a ...
Finding industry profiles in Library resources
When researching an industry; its size, value and performance; competitors, brands and trends in the market etc., we recommend having a look at the following services. These can all be accessed via the SOM Library's ...
Setting up a shared group folder in a reference manager
Many of our students are now busy working on their group projects. One easy way to share references amongst a group is to set up group folders in a reference manager like Mendeley or Zotero. ...
Where are they now? From a Women in STEM scholar to a Sustainability Senior Professional
We recently caught up with Karoline, a previous Women in STEM scholar to find out where her scholarship and Cranfield master’s has taken her. How has Cranfield impacted your career? Studying at Cranfield University ...
Alan Harrison Half-Fee Scholarship 2024/2025 Recipient: A transition from working life back to student life, filled with learning, challenges, and rewarding moments
My first term at Cranfield has been filled with learning, new challenges and rewarding moments. Coming in with only a basic understanding of procurement and supply chain management, I knew the first term would ...
Moving with the times: The ‘new-look’ Cranfield Management MSc
For more than a decade, the Cranfield Management MSc has been at the forefront of management education worldwide. Ranked best Management MSc in the UK for value for money and international student experience by ...