Optimizing Material Flow: A Live Project Case Study on Petroleum Refinery
The project explores the efficient management of material flow at Indian Oil Corporation Limited’s refinery, focusing on the processes of procurement, tendering, transportation, and inventory management. It examines the structured roles within the Material and Contracts Department, highlighting each stage from purchase requisition to material arrival and inspection. Emphasis is placed on the perpetual inventory system, the use of SAP software, and the ABC analysis method for inventory categorization. The study also discusses the importance of quality control during material reception, proper record-keeping, and the structured approach to storing and handling materials to support smooth plant operations.
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