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A multiproduct gasoline supply chain with product standardization and postponement strategy

Autor/es Anáhuac
Rafael Carmona
Año de publicación
2023
Journal o Editorial
Socio-Economic Planning Sciences

Abstract 
1. Introduction 
The development of the global economy is highly dependent on energy. The energy sector is formed by the fossil fuel industries, the electric power industry, the nuclear power industry, and the renewable energy industry. The oil industry is one of the fossil fuel industries with fast growth, 40.5% from 1980 to 2016. This growth is due to the globalization of the oil industry [3] that has generated millions of jobs, developed infrastructure, and enhanced economies through a global supply chain. Hence, the study of oil supply chain and its derivatives is of the great importance for the development of the economy of any country in the world, and its study is a main interest for oil companies that must develop strategies to achieve advantages against their competitors mainly by developing supply chain strategies to maximize efficiencies and minimize the costs of production and supply of finished products to consumers [...]