Logistics Management for Organizational Success of Downstream Industry in Oil & Gas
Keywords:
Logistics management, supply chain, success factor, oil and gas, downstreamAbstract
The complexity associated to the large scale and highly-cost of oil and gas
industry play key role in determining the best strategy for its logistics supports
to stay cost-effective and sustainable in giving back maximum value in return
over the humongous investment that has been put. Especially that the oil and
gas industry has gone from boom to bust in the past three years, hence the
need to re-thinking of their logistics strategy becoming more crucial and
pressing. Based on the analysis of the exemplary practices on Royal Dutch Shell
and Petroliam Nasional Berhad, this study identifies the main factors that
support the long-term organizational success and sustainability of the
companies and this represent the other oil and gas downstream companies.
The findings from this study are essential in providing knowledge to the other
industries regarding the best practices applied by the oil and gas giants for
replication.