Logistics for Liquids & Solids

David Bernal

Agenda•  NewFunc)onality•  OtherProposedFunc)onalAddi)ons

Logistics for Liquids & Solids

•  3rd Party Inventory •  Blend Products •  Intransit Inventory Accounting •  Accounting of Intransit Inventory •  GL only Inventory Adjustment •  Run Out Report using actual Inventory •  Volumetric Commitment Report

New Functionality

3rd Party Inventory Objective: tracking total inventory and inventory broken out by each 3rd party, including monthly statements, invoicing, forecasting, profit and loss

Blend Products Objective: (1) Pre-defined blend detail in Trade Execution (2) Actualize a ticket for a blended product, option reduce the inventory of input products

Accounting of Intransit Objective: (1) account for intransit inventory into inventory accrual process (2) accounting entry made for intransit inventory reversed & rebooked (3) Imbalance between load and discharge

GL Inventory Adjustment Objective: Adjust the Quantity and Value of Inventory without touching the Physical Inventory in the application

Objective: In Petroleum Blending use Actual inventory & ability to estimate/change the quantities and the delivery dates

Run Out Schedule using Actual Inventory

Objective: Freight/Storage Pane out of the Scheduling for a Stand Alone Commitment report

Volumetric Commitment

•  Expected CV/Quality •  Shipment Chain •  FIFO Disagregation

Other Proposed Additions

Expected CV & Exposure Objective: (1) Expected CV at trade level calculating expected quality adjustment (2) Market exposure based on price basis versus expected/measured quality

Objective: Automatically link and report shipment flows

Shipment Chain

Objective: Disaggregate each cost & commodity price in Inventory Valuation

FIFO Disaggregation