SAP for Oil & Gas supports the management and execution of bulk supply chain activities, from initial planning to final settlement. Our solutions automate and streamline key activities, including:
- Bulk supply chain planning and optimization – SAP solutions enable you to plan and optimize key aspects of your supply chain, from long-term forecasting to operational planning, integrating them into daily operations and scheduling processes. You can also use information from execution and settlement activities to create plans, ensuring that all processes within the supply chain have a common heritage.
- Bulk supply chain operations and scheduling – With SAP solutions, you can manage immediate and short-term operations and scheduling. You can also schedule transportation and pipelines, manage inventory and contract operations, and capture custody transfer documentation.
- Bulk supply chain execution and settlement – SAP solutions streamline the deal-to-cash process loop, enabling you to update inventory, monitor product movements, and manage inbound and outbound invoicing. You can also apply execution information to planning and operations process cycles for ongoing and long-term planning.
- Bulk supply chain reporting and analytics – SAP solutions support decision-making and strategy setting, helping you gather activity and performance data from many different sources. Using flexible report structures, analysts and planners can monitor supply chain activity at every process step and provide feedback on an ongoing basis as well as at periodic review points.
- Physical oil and gas commodity trading – Working with the most heavily traded commodities in the world, you can capture deals, manage contracts, monitor positions, and integrate trading into the bulk supply chain. Because trade volumes are very large, companies can use bulk transport methods, such as marine vessels and pipelines, to achieve delivery.
- Oil and gas paper trading and risk management – With SAP solutions, you can mitigate the risks of volatile market conditions – hedging your positions in commodity markets by executing paper trades for futures, options, and swaps. You can use a trading exchange or work directly with partners in over-the-counter deals. You can also use mark-to-market and value-at-risk calculations to monitor and evaluate risk from both physical and paper trading.