New offering improving Supply Chain visibility
AVEVA, the engineering and industrial software company recently announced the launch of the latest enhancement to its AVEVA Unified Supply Chain platform, Real-Time Crude, designed to help customers gain visibility into their business and operations in order to quickly understand how crude quality impacts their value chain.
With the Oil and Gas industry facing massive disruption, a lack of visibility into the supply chain has led to difficulties with reacting to market changes in real time. AVEVA Real-Time Crude, a solution developed with Schneider Electric, combines cutting-edge analytical equipment with powerful machine-learning techniques to provide rapid and reliable crude oil assays across the enterprise in a matter of minutes.
Timely information leads to advantages, including more intelligent purchasing decisions, improved operational planning, better allocation of refining resources, and more certain product volume and quality predictions.
As the only truly unified platform for process industry supply chain management, AVEVA Unified Supply Chain is a single source of knowledge enabling enterprises to share and communicate decisions between diverse teams, promoting collaboration and discussion across global locations delivering increased visibility which enables rapid reaction to changing market conditions.
“AVEVA’s offering provides fast information on crude quality to improve efficiency, reliability and agile decision making,” remarked Harpreet Gulati, Senior Vice President for Planning & Operations Business Unit, AVEVA.
“Our combined goal is to deliver innovative solutions that will not only create efficiencies but also help customers to stay ahead of the curve,” commented Matthew Carrara, Vice President – Process Analyzers and Instrumentation, Schneider Electric, Industry Business–Process Automation.