A blueprint for executives seeking a major step change in profitability through integrated asset and supply chain optimization.
KBC (A Yokogawa Company) has released its Value Chain Optimization Manifesto to help asset owners and operators in the Energy and Chemicals industry drive top line revenue growth, at significantly less cost. Few companies have been able to align all aspects of their business model to extract maximum value from their asset and supply chain optimization activities. The manifesto provides a blueprint for the agile optimization of fluids, feedstocks and other inputs with products and operations to reflect market demand and prices.
Oil and gas dominate the COVID-19 lost revenue projections with over USD 1.8 trillion lost in 2020, according to recent research by Fitch Ratings . The Energy and Chemicals industry as a whole has experienced a major contraction in free cash flows. This has driven a big focus on lowering costs, optimizing existing production at lower throughput / flow rates, and deferment of maintenance on uneconomic production. Companies are being forced to adjust their portfolios and operating models; digitalizing deeper and faster to improve economics of marginal assets.
The manifesto outlines how value chain optimization can be applied wisely, demystifies the jargon, describes practical solutions and demonstrates value. It is based on deep hands-on experience, alongside KBC’s parent Yokogawa, working with the world’s largest and most complex companies in the Energy and Chemical industry. The manifesto focuses on upstream oil and gas, liquefied natural gas (LNG), oil refining, petrochemicals and power utilities sectors, and showcases how certain assets can achieve in excess of USD 600 million incremental profitability.
“Value chain optimization is the key to driving more revenue, at less cost, with higher capital efficiency and reinforced license to operate,” comments Duncan Micklem, Executive Vice President at KBC. “Many businesses struggle with operating plan execution and efficiently linking operating plans to production schedules. The Value Chain Optimization Manifesto outlines how to solve for this at scale.”
Download your copy of the Value Chain Optimization Manifesto.
KBC announces partnership with MySep to improve process separator performance in the Oil & Gas industry
Feb 23, 2021
Integration of MySep and KBC’s Petro-SIM® reduces Capex and operational costs.Read full article
Automated Integrated Production Accounting System Provides Best-in-Class Operations for Complex Industrial Environments
Sep 22, 2020
KBC releases Visual MESA Production Accounting 4.0 to digitally manage and integrate scheduling and reconciled balance data into corporate systems.Read full article
KBC releases Value Chain Optimization Manifesto to guide an embattled Energy and Chemical industry back to profitability
Aug 11, 2020
A blueprint for executives seeking a major step change in profitability through integrated asset and supply chain optimization.Read full article
Get the latest updates from KBC
Sign up to our newsletter to receive our latest innovations, viewpoints and be informed about any upcoming events.