A comparative analysis of analog and digital gantries in Nigeria's hydrocarbon depot management

C. C. Ikeogu, P. C. Ugboaja, M. S. Stephens, W. I. Ukpere

Research output: Contribution to journalArticlepeer-review

Abstract

This study is focused on the comparative study of a Nigerian Independent Petroleum Company (NIPCO) digital depot operation and Consolidated Oil (CONOIL) analog depot operation in petroleum product supply chain. The analytical tools used in this study are; DEA Model and Censored Normal Regression Analysis. Censored Normal Regression Analysis was used to analyse the relationship between depot output (ullage savings) and gantry time. The result of the study suggests the following: Firstly, NIPCO is relatively more efficient than CONOIL. Secondly, the coefficient of gantry time is negatively related to output. This implies that increasing gantry input (time) will reduce the productivity of the depot output and vice versa.

Original languageEnglish
Pages (from-to)591-598
Number of pages8
JournalMediterranean Journal of Social Sciences
Volume4
Issue number14
DOIs
Publication statusPublished - 2013

Keywords

  • Bulk road vehicles and petroleum product
  • Efficiency
  • Gantry
  • Information technology
  • Supply chain management

ASJC Scopus subject areas

  • General Arts and Humanities
  • General Social Sciences
  • Economics, Econometrics and Finance (all)

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