BP Australia Ltd
BP Australia Ltd is a part of BP Amoco PLC and operates four lubricant manufacturing sites in Austraila and New Zealand. BP Lubricants; have over 800 product combinations ranging from small retail packs all the way upto major marine quantities. Production is scheduled on a ‘make-to-stock’ system. With the long leadtimes and highly volatile markets it’s difficult to have the right product at the right time and place.
With the use of Demand Solutions™ Forecasting, Requirements Planning and Feedback modules, BP was able to centralise their forecasting but still allow review of the forecasts at the local level. All of this was achieved while creating higher quality master production schedules and improving customer service levels.
* Streamlined workflow and with more effective communications
* Reduction in inventory holdings of 53% in 10 months
* More effective control of production allowing for promotions and seasonality
* A single accurate forecast used throughout the organisation
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