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…
World Soil Day 2023, 5 December – showcasing the Cranfield University Soilscapes Viewer tool
UN World Soil Day on 5 December is a vital reminder of the importance of soil in all our lives. Supporting growth of the food we eat; cleaning the water we drink; supporting the foundations ...
Collect your reservations 24/7 from the SOM Library locker
SOM Library customers, did you know that you can reserve items on Library Search and then pick them up at any time of the day or night from our SOM Library locker using your University ...
How do I reference journal articles… in the NLM style?
References for journal articles are one of the most used reference types for postgraduate research as these sources are frequently used in assignments. In the NLM Numbered Referencing Guide they are listed under periodicals. Periodicals ...
Royal Air Force Officer Kathy: Why I chose to study Safety and Human Factors in Aviation MSc
Growing up in Southampton with her father, an Air Cadet Instructor, Kathy had an interest in aviation from an early age and was committed to join the Royal Air Force from the age of ...
My journey since completing my Counterterrorism MSc
Richard Robinson, a Chevening Scholar, completed his course in Counterterrorism MSc in the Summer of 2023. After traveling to Cranfield from Montego Bay, Jamaica, Richard was the Head of School for the Caribbean Special ...
Net zero in asset management: The concept and the challenge
The concept of net zero has emerged as a key solution in addressing the pressing global challenges of climate change and environmental sustainability. Industries across various sectors increasingly recognise the need to reduce their ...