Oil Enterprise Downstream (OED)
Oil Enterprise Downstream is a comprehensive application suite that supports a downstream oil business, providing both operational and management information facilities.
A Truly Scaleable Solution
Oil Enterprise Downstream is a proven set of application modules used today by multinational companies to support the complexities of worldwide operations, and addresses the key business processes within the downstream market including:
- Crude and product supply and trading
- Storage and distribution of fuels and lubricants
- Marketing of these products
OED Supply Module
The OED Supply module provides the functionality to ensure the adequate supply of crude and product whilst supporting the logistics of distributing product to customers. Enlarge image.
When conducting business with customers and vendors, the module enables a Supply and Logistics business to:
- Conduct trading operations
- Manage supply contracts
- Generate supply documents
- Perform operational planning and forecasting
- Handle all movements
- Perform purchase accounting
- Manage inventory accounts
- Manage internal costs and tariffs
OED Marketing Module
This module supports the marketing and sale of bulk fuels and packed lubricants to industrial, wholesale and retail customers. The Sales and Marketing business is given the capability to market and price products to a variety of customers, linking in to responsibilities and processes in the marketing organisation. The major OED processes supported include:
- Order management
- Product pricing
- Negotiation
- Customer invoicing
OED Accounting Extensions Module
This module complements the existing suite of standard Oracle Financials needed by a downstream oil company, providing
- Payment automation
- Customer statements
- Internal inter-company settlement.
To support these key business sectors, the OED Management Information module provides the business intelligence for critical decision-making, through the provision of a comprehensive data warehouse and reporting suite.
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