Post on 25-Feb-2016
description
Making the numbers talk:Achieving transparency through
data visualisation6th Annual
Business Intelligence Summit
o Introductionso Inventory Forecasting – the business problemo The Solution – before Business Intelligenceo Business Intelligence – what it provided to Zo Added Value – extensions to the solutiono Outcomes & Benefits – some unexpected resultso The Start of a Journey - ZWise
2
Agenda
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Clive Trott
1975 2002
2011
1994
The Business Problem
Inventory Forecasting
Inventory Forecasting – refined products
TodaysInventory
YesterdaysInventory Production Cargo
Receipts Sales
Iterative calculation
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Inventory Forecasting – actual Data
Regular
Premium
Diesel
AVGAS
BFO
LFO
HFO
Bitumen (45-55)
Bitumen (180-200)
JET
1st November 2012
30th April 2013
31st December 2012
Actuals
Forecasts
Before Business Intelligence
The Solution
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Excel and the Manual Process
o Forecast data updates provided weekly (or more)o Multi tab Excel spreadsheeto Some ‘Excel smarts’ for data updateso Excel graphs built over data
o Issues– People messing with formulae and data– No consistency in graphs– No ability to add value
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Excel WorkbookDemo
What it provided for Z
Business Intelligence
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The New Solution
o Phase 1– Automated retrieval of industry data– Automated loading of data into a new data warehouse– Provision of existing graphs
o Phase 2– Inclusion of Z specific data sources– Addition of further Inventory Forecasts– Addition of different visualisation
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NewInventory Forecasting Solution
Demo
Extensions to the Solution
Added Value
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More to the Stock story
o Not just Refined Products– Intermediates– Crude
o Predicting future voyages– Refined Products– Crude
o Scenario Planning– What-if
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Inventory ForecastingSolution Additions
Demo
Some unexpected results
Outcomes & Benefits
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Outcomes and Benefits
o Consistent and unified view of Inventory datao Ability for all of Z to view Inventory data
– Stocks team– CEO
o Simplified Weekly Stocks meetingso Staff Optimisationo Cross Business Unit benefits
– Treasury
o ROI within 6 months
ZWise
The Start of a Journey
22/04/2023 19© Theta Systems Ltd. Commercial in confidence.