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

doi:10.5901/mjss.2013.v4n14p591

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

Industrial Psychology and People Management

Federal University of Technology, Owerri

Research output: Contribution to journal › Article › peer-review

1 Citation (Scopus)

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 language	English
Pages (from-to)	591-598
Number of pages	8
Journal	Mediterranean Journal of Social Sciences
Volume	4
Issue number	14
DOIs	https://doi.org/10.5901/mjss.2013.v4n14p591
Publication status	Published - 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)

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.5901/mjss.2013.v4n14p591

Cite this

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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.",

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PY - 2013

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AB - 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.

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

Abstract

Keywords

ASJC Scopus subject areas

UN SDGs

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