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Oil Industry

In: Supply Chain Management and Advanced Planning

Author

Listed:
  • Mario Roitsch

    (OMV Refining und Marketing GmbH)

  • Herbert Meyr

    (Technical University of Darmstadt)

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 integration in planning and scheduling in its supply chain to survive in the world market.

Suggested Citation

  • Mario Roitsch & Herbert Meyr, 2008. "Oil Industry," Springer Books, in: Hartmut Stadtler & Christoph Kilger (ed.), Supply Chain Management and Advanced Planning, edition 4, chapter 21, pages 399-414, Springer.
    • Handle: RePEc:spr:sprchp:978-3-540-74512-9_22
    DOI: 10.1007/978-3-540-74512-9_22
    as

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