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Case Study – Major Refiner Optimizes Its Crude-Marketing Operation

Major Crude-Oil Refiner Optimizes Its Supply Chain, Saving Up To 10 Cents Per Barrel

A major U.S. refiner wanted to enhance its crude-marketing operation that covered more than 1,500 leases and 30 stations, and involved the transportation of more than 50,000 barrels of truck volumes each day. capSpire recommended the implementation of its Lease Crude Optimization (LCO) module, a solution that optimizes supply chains and helps users to make better strategic and tactical decisions.

With LCO, crude marketers can engineer their supply chains for maximum profitability, accurately set nomination volumes, win lease volumes at the right prices, identify the optimal station for each lease delivery, and analyze the impact of network changes. Management can even go back and analyze previous months to identify areas in which decision-making could improve.