How does AVEVA CONNECT transform the oil supply chain?
BP deployed AVEVA CONNECT and AVEVA Unified Supply Chain to simplify and standardize its downstream management globally. The cloud platform centralizes market data, refinery models and decision support tools in a unified environment. This digital transformation eliminates technology silos, speeds up analysis and allows global teams to share best practices in real time. It is a benchmark for oil majors seeking to become more agile in an extremely volatile market.
How can a crude purchasing decision go from 2 days to 2 hours?
Thanks to AVEVA CONNECT and Unified Supply Chain, BP cut the time needed to make a crude purchasing decision from 2 days to under 2 hours, and refinery model run times from 7 hours to 3 minutes. This radical acceleration makes it possible to evaluate more crudes, test more scenarios and seize economic opportunities that would have been missed with traditional tools. In a market where prices change constantly, this decision-making agility translates directly into additional margin.
Why is a cloud approach strategic for downstream oil operations?
AVEVA CONNECT enables BP to lower its IT total cost of ownership and increase its agility through cloud workflows. Global teams access the same data and tools wherever they are, with no additional local infrastructure costs. The cloud also makes it easier to integrate new analytical models, apply AI algorithms and collaborate across functions. For an oil major present on every continent, it is the only way to lastingly transform supply chain management.
How does AVEVA Unified Supply Chain improve refining margins?
AVEVA Unified Supply Chain enables BP to optimize each step of the chain more precisely, from crude purchasing to refinery unit planning. The ability to run complex models that were previously impossible, combined with fast calculations, generates significant margin improvements across all downstream activities. Plans become more robust and less risky. For an oil company, where every cent per barrel counts across massive volumes, these gains quickly add up to millions of dollars a year.
How does AVEVA free analysts to focus on process improvement?
Before AVEVA, BP analysts were held back by disconnected, outdated tools that required specialized skills. Removing these technological limitations now allows teams to focus on the human side of process improvement: strategic analysis, creativity and commercial negotiation. AVEVA CONNECT democratizes access to advanced models and frees up time for higher-value activities. It is as much a cultural change as a technological one in the oil industry.