Oil Industry
Mario Roitsch () and
Herbert Meyr ()
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Mario Roitsch: Business Analysis & Economics
Herbert Meyr: University of Hohenheim
Chapter 24 in Supply Chain Management and Advanced Planning, 2015, pp 443-458 from Springer
Abstract:
Abstract The oil market is a worldwide market. Due to an increasing demand of the fast growing countries like China and India, the oil market has been changing to a strong emerging market. Due to these effects the prices of raw material and finished goods have extremely increased and are strongly volatile. Faced with very complex production techniques and high investment costs for enlarging production capacities a European company needs a very high level of flexibility as well as integration in planning and scheduling in its supply chain to survive in the world market.
Keywords: Supply Chain; Master Planning; Planning Cycle; Sales Channel; Sales Prex (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-642-55309-7_24
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DOI: 10.1007/978-3-642-55309-7_24
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