While refining hydrocarbons is a complex process, the goal is simple: transform it into the product that can be used to heat homes and fuel vehicles. APQC offers a world class process framework for downstream petroleum that will empower business leaders to benchmark their current way of working against industry best practices.
- Establish a common language for measuring and evaluating all business processes.
- Identify the fits and gaps in current ways of working that lead to increased costs and longer lead times.
- Visualize and communicate the impact of process change in the context of the broader operating model.
- Drive continuous improvement by visualizing, measuring, and monitoring best practice
Downstream petroleum is demarcated by where hydrocarbons are transferred to a point of sale for distribution. Companies engaged in the downstream process include oil refineries, petroleum product distributors, petrochemical plants, natural gas distributors, and retail outlets. Check out the Downstream petroleum APQC Frameworks below.