Integerated EG/PTA/Polyester Fibers Supply Chain TQM cost reduction
Applications:Rigorous corporate and process plant Operation Simulation Analysis model-based expert systems have been implemented for global EG/PTA/Polyesters fibers/PET integrated strategic analysis support to daily Strategic Business Units(SBU) and top executive committees in corporate restructuring , reengineering applications. They provide real options simulation of global central banks monetary policy impact on global financial crisis, and their impact on ethylene, EG,PTA procurement; polyester products competitive pricing, marketing and sales strategy; corporate credit, market, profit margin risks control, process reactors yield improvement, energy, waste minimization, plant de-bottleneck ; corporate and plant cost reduction; managers, technical, operating staff on-the-job training simulators.
Strategy: These systems have been developed from the past 12 years daily US, Asian, European Wall Street Journal; Business Week; Economist, IMF economic data, NPRA data; Global central banks monetary policy and economics and business information, extensive literature and patent search , daily US, European, Taiwan, China, Asian Pacific crude oils, fuel oils, ethylene, EG, PTA, Polyesters fibers, PET spot, contract prices data, entire operating history(including normal, crisis and emergency operations); management and plant operators' expertise and market psychology as knowledge base. The latest economic, thermodynamic and kinetic theories, combined with artificial intelligence fuzzy logic, neural network chaos theory have been applied to develop expert system-based decision simulators. Tracking global central banks monetary policy impact on daily global economy, financial markets, feedstock and polyester fibers prices, full range operating load, severity change impact on EG, PTA, Polyesters fibers reactors yields for various licensors design with average error below 1.5%. features include:
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Global Investment Strategy: Real options analysis for global credit, interest rates, currency exchange rates, profit margin , stocks, financial derivatives prices hedging risks simulation and control.,
* Global Feedstocks, Fuel Procurement Strategy :Global fuel oils, ethylene, EG, PTA prices forecasts, procurement strategy ** Finance, marketing, procurement manager on the job training
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Process OperationsCost and QUality Improvement, EG/PTA/Polyester, PET reactors yields, polyester fiber processing quality improvement, de-bottlenecking *Process Energy, waste minimization, Safety Maintenance Strategy Process Startup, emergency shutdown, troubleshooting, waste minimization energy conservation, preventive maintenance.Operations Management Implementation: The OSA consultant (the author) will conduct the corporate/plant Operations, restructuring, reengineering, cost reductions review and setup goal mission, performance oriented cross-functional OSA teams
Economics: Billion US dollars saved without staff cut by OSA
Commercial Applications: Five Polyesters applied, 20 TQM cost reduction workshops offered
References:- All by Dr. Warren Huang "Improve Process by OSA", in 12 paper series in Hydrocarbon Processing, OGJ 1980,1983, HP, OGJ 1979-1983, "Goal, Mission Performance oriented Design/ Operations Simulations Analysis predictive control Maximize Refinery-Olefin, Polyester, Nylon Fiber mills Productivity, Flexibility", AIChE 1983 Diamond Jubilee, 1990, 1999 Dallas, World Congress II, II, IV, Canada, Tokyo, Germany,1983, 1986, 1991, Singapore, Beijin, Antwerp, Shanghai, Dallas,1989, 1992, 1995, 1997, 1999," Monetary Policy Impact on global financial crisis, commodities, financial derivative, stock prices", US, Asian, May-June, 1999
Licensor: OSA Int'l Operations Analysis, San Francisco, Calif.