The Follow-Up of an Extensive Portfolio

Author(s):  
Jose Eduardo Modica ◽  
Marcelo Ramos Martins ◽  
Roque Rabechini ◽  
Edison Martins Braun

The speed of the changes that have occurred in the world have forced organizations to adapt themselves and offer new products to the consumers in increasingly shorter timeframes, or risk being overtaken by the competition. The cycle of project life is being reduced, making the management increasingly complex both for the projects and portfolios of projects. Included in this scenario are companies from the oil sector that act to develop management systems that manage to aggregate greater chances of success for its projects as well as the capacity to manage multiple projects simultaneously. The concept of success itself is controversial, because on the one hand it is one of the most researched topics, on the other there is still no consensus among those interested. It becomes necessary then to understand the concept of success for projects, and to establish ways of measuring it, and try to identify the critical factors of success and the critical factors of failure, so that organizations can manage their own projects adequately. Companies with extensive project portfolios confront greater challenges, because they have to develop efficient methodologies to manage and maintain their portfolios, in addition to having to develop competences to accompany the management of multiple projects, identifying possible corrective actions for the deviations identified in time. One efficient manner of pro-actively controlling extensive portfolios of projects being executed simultaneously at different geographical locations is the utilization of a tool via web that integrates all the management activities. This tool must have as a basic premise its utility for the work of the management team, and not only be a communication tool, since in this case it would call for an effort by the management team that adds no value to the project. This article has the objective of showing the results of research carried out to identify how Transpetro, the largest logistics company in South America, which operates a fleet of 55 ships with transport capacity of 2.9 million deadweight tons, 7,033 km of oil pipelines and 3,600 km of gas pipelines, 20 land-based terminals and 26 water-based terminals, controls its engineering projects, directing its efforts in an attempt to achieve greater chances of success so as to comply with its strategic planning.

2020 ◽  
Vol 39 (3) ◽  
pp. 125-138
Author(s):  
Alina Zajadacz ◽  
Aleksandra Minkwitz

AbstractThe purpose of the article is to present the concept of using social media (SM) as data sources and communication tools, useful at the various stages of planning, implementing and monitoring the effects of tourism development on a local level. The first part discusses the stages of planning, then presents the characteristics of SM, along with a discussion of the issues presented in the literature to this date. The next part presents data sources and methods of research on SM and functions that they can perform in tourism. The concept presented, on the one hand, reviews the perspectives of practical use of SM as a communication tool and source of data and, on the other hand, the challenges related to the need to further deepen research on tourism planning methods that are adequate to the continuously changing environment.


Hard drives are the one which needs to be accessed in an efficient manner so that it is feasible to get better recital of the central processing unit. Now a day’s magnetic disks are capable of providing more input output bandwidth yet a huge amount of this bandwidth is lost due to the access time of the hard disk. This paper discusses an analysis of performance of various disk scheduling algorithms with their merits and demerits


Author(s):  
Osayimwense Osa ◽  
Kausar Saida

Objective This article probes the state of Africa's palm oil industry and economy today. Methodology/Technique Today, Malaysia, Indonesia, and West Africa are the world's major producers of palm oil; and India and China, the world's most densely populated countries, are the major consumers. However, why is it that West Africa that is naturally endowed with palm oil is the one that lags behind others in the global production of palm oil? Should this kind of natural endowment and the presence of the major world producers and the biggest consumers of palm oil not spell colossal success for global palm oil industry and economy? Findings Without an adequate demand for a commodity, supply will be limited, thus resulting in a downward supply curve. On the other hand, if there is a high demand for a commodity like palm oil, then it will be produced in abundance. Novelty Where and why it has fallen short, and what does need to be done via-a-vis the state of Malaysia's and Indonesia's palm oil sector and the presence of emerging economies like China and India against the backdrop of globalization. Type of Paper: Review Keywords: Palm oil; economy; consumption, globalization


Author(s):  
Humberto Florez

The COO for Suape Container Terminal, the largest deep–water port in Brazil's Northeast must consider a proposal presented by the users' council that calls for the establishment of a reservation scheme that minimizes the risk of docking delays. Under this proposal, ocean carriers, on the one hand, agree to pay a reservation fee that significantly increases revenue for Tecon Suape. On the other hand, they expect Tecon Suape to compensate them financially when a berth is not available upon vessel arrival. Tecon Suape's management team must evaluate that suggestion, as the team prepares to enter contractual negotiations with the users.


2020 ◽  
Vol 39 (5) ◽  
pp. 6279-6291
Author(s):  
Ayça Maden ◽  
Emre Alptekin

Blockchain practices have been attracting attention in industries other than financial services, since blockchain is not only an information technology, but also an institutional technology owing to its new currency economics and distributed structures. Today, supply chains, power, and food/agriculture have emerged as promising areas in terms of their potential to incorporate blockchain technology for improving processes and reducing costs. Logistics corporations, especially, have been concentrating on developing efficiency in integrated data, fleet management, and communication issues, to achieve cost advantages. Experts from a well-known logistics company in Turkey contributed to our study by helping to assess critical factors for successful blockchain technology implementation. Our research topic included determining whether blockchain technology is suitable for this company. Fuzzy decision-making trial and evaluation laboratory (DEMATEL) was used to determine and evaluate the critical factors to encourage blockchain technology adoption, based on the company’s requirements. For the company experts, the factors affecting the decision to adopt blockchain technology were, in order of priority: cryptocurrency, instant money transfer, privacy, real time processing, smart contract, security, authentication, transparency, immutability, traceability, distributed ledger, reduced delays, and peer-to-peer networks.


Author(s):  
Corey J Blackwell ◽  
Julia Sarah Wasas ◽  
Sean Patrick Flanagan ◽  
Bryan A Norman ◽  
Joel Michael Haight

Purpose – Grocery store tasks provide many opportunities for efficiency and ergonomic improvements. Shelf stocking is one task that has received considerable attention in recent years as grocery stores seek to remain competitive by stocking shelves in an efficient manner in order to satisfy customers. The purpose of this paper is to detail an analysis performed to evaluate the effectiveness of a grocery store shelf stocking tool. This shelf stocking aid is a device designed to improve the accuracy and efficiency of stocking and fronting shelves in a supermarket or a similar retail environment. Design/methodology/approach – To test the claims that the device actually does improve stocking accuracy, efficiency, and ergonomic soundness, an experiment was conducted to compare the processes of stocking shelves and fronting items on shelves with and without the stocking tool. In creating the realistic conditions of a real-world store environment, extensive inquiry about item stocking and fronting procedures was made by visiting stores and discussing the stocking and fronting tasks with industry experts. Tests were performed at varying combinations of shelf heights, shelf fullness, with and without First-In First-Out processing, and with various merchandise sizes and shapes. Findings – The results indicate that the shelf stocking tool significantly reduces shelf stocking and fronting time. The ergonomic merits of the tool were also analyzed. A Rapid Upper Limb Assessment (RULA) was performed to evaluate biomechanical and postural stresses experienced by a shelf stocker as they stock and front store shelves. It appears that the largest contributor to higher-than-expected RULA scores is extensive upper torso bending in the sagittal plane at the L5 S1 disc position. This is exacerbated as the stocker reaches lower shelves and bends forward to reach under the shelf directly above the item being stocked or fronted. Research limitations/implications – Only three tall and five short items were used in testing. More testing is needed to draw conclusions about stacking items. Cumulative fatigue effects were not tested nor were the locations of specific physical discomfort. Testing was not done to examine simultaneously fronting two rows with the shelf stocking tool. Testing was not done to simulate the use of a step stool, including moving and repositioning the step stool for manual restocking and fronting on high shelves. The step stool handling would improve relative performance of the shelf stocking tool because the tool eliminates the need for a step stool. Practical implications – Grocery store shelf stocking associates are at risk of developing cumulative trauma type injuries from awkward posture that they have to use when stocking shelves. With many small items on a shelf that are continually becoming disheveled as customers purchase the items, there are significant inefficiencies in continually arranging and rearranging the items as well as adding new. The analysis of a tool of the type tested here has shown that the use of a simple tool such as the one tested can go a long way to improving both of these elements of the stocking and fronting task. Originality/value – While the shelf stocking tool is not necessarily a remedy for bending, it appears to reduce more pronounced bending than what is required without it. For stocking or fronting upper shelves, it also appears to reduce the extensive reaches (the second most stressful contributor to the high RULA scores). This approach to stocking and fronting shelves has helped to verify the idea that a tool such as this can help to improve not only the speed and efficiency at which the task is accomplished it can also reduce the stress on the back and shoulders during this tedious task.


1962 ◽  
Vol 13 (6) ◽  
pp. 1073 ◽  
Author(s):  
CH Gallagher

Serum E260 values were determined at intervals in sheep which were given 50 ml carbon tetrachloride (CCl4) by stomach tube into the rumen, and in untreated sheep. After administration of the drug, the mean E260 value fell initially, being minimal at 3 hr. At this time, the circulating plasma volume had increased by one-fifth, and it is considered that this dilution factor largely explained the fall. The group mean for non-fatal cases rose above the pre-administration level at 7 hr, then returned to it by 24 hr. However, in the one sheep that died from CCl4 poisoning, the serum E260 value remained very high until death at 46 hr. In view of the significant variations in serum E260 values between untreated sheep, and the significant random variations in serum E260 values between times of bleeding such sheep, it is concluded that the determination of serum E260 values at isolated times in individual sheep is of no value as a diagnostic criterion of CCl4 poisoning.


Author(s):  
Stephen P. Ohl ◽  
Robert E. Allison

For the majority of Australian gas pipelines it is not practical to remove them from service for extended periods of time. This rules out hydrostatic testing as a means of confirming the integrity of older pipelines including those that may contain Stress Corrosion Cracking (SCC). The Moomba to Sydney pipeline (MSP) at 864 mm (34 inch) nominal bore and 1299 km (807 miles) in length is the largest diameter onshore gas transmission pipeline in Australia. Commissioned in 1976, it has a history of susceptibility to SCC and, in 1982, six years after commissioning, suffered a SCC initiated rupture. Since this time the pipeline owners have operated and maintained the pipeline to ensure no further SCC initiated failures. Maintenance for SCC has included a targeted excavation program which, between 2000 and 2004, found significant SCC colonies. This created the need to develop a more comprehensive approach to locate and identify every significant SCC colony in the pipeline. Several options were considered but the one that was selected as best meeting the performance criteria was the use of an ultrasonic intelligent pig running in a liquid medium. This pigging operation had to be carried out while the pipeline continued in operation with minimal disruption to gas transmission operation. This had never been done before in Australia. The initial intelligent pigging program of the first 162 km (101 miles) of the pipeline was conducted in early 2005 with an additional 292 km (181 miles) pigged in early 2006. This paper provides information on the approach taken to overcome the many technical, operational and commercial challenges of this operation. Water was chosen as the liquid medium and a major issue was the introduction and removal of water from the pipeline while it remained in operation. This could not have been achieved without the co-operation of producers, shippers, network owners, network operators, technical regulators and contractors. The paper also looks at the how the results obtained from the pigging will be used to enable the SCC to be managed in a safe and efficient manner and confirming the safety and fitness for purpose of the MSP now and into the future.


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