Scheduling Oil and Gas Trades — An SAP TSW Perspective
- by Rajat Agrawal, Consultant, Infosys Technologies Ltd.
- December 15, 2007
Find out what you need to know about SAP Trader’s and Scheduler’s Workbench, which SAP offers for the oil and gas industry. See how this planning tool helps you to be a differentiator in this world of high volumes and low margins.
SAP Trader’s and Scheduler’s Workbench (TSW) integrates with your SAP ERP or R/3 system. The scheduling tools in SAP TSW help you improve cash flow, lower your inventory, minimize transfers between locations, and realize revenues faster by facilitating collaboration between traders and schedulers.
Oil and gas organizations offer significant system support for better trading. The margins per trade are always in
focus and companies constantly must improve on these margins. Conversely, scheduling depends on individual judgments and
historical patterns and typically happens in a predetermined manner. In general, scheduling lacks the financial visibility
to maximize gains from the trade deals.
Most organizations evaluate trading and scheduling separately instead of looking at the entire chain of events as
part of one activity. Traders and schedulers work independently on day-to-day trading or scheduling decisions. This limits
an organization’s ability to sense and respond to opportunities and threats. Furthermore, the disparate IT systems
reduce the visibility on the scheduling and trading actions. Instead, traders and schedulers share knowledge only in
interpersonal discussions or meetings, an inefficient process.
To address this gap, SAP offers SAP Trader’s and Scheduler’s Workbench (TSW) for the SAP Oil & Gas
industry solution to allow traders and schedulers to work together. Available from R/3 4.6C onward, SAP TSW manages
current and future demand, supply, and transportation information. The different tools in TSW offer cockpit views for
efficient scheduling in different scenarios.
I’ll walk you through a typical oil and gas IT landscape to show you what it looks like with and without SAP
TSW. Then I’ll explain some of SAP TSW’s features, such as three-way pegging and the stock projection
worksheet. Finally, I’ll highlight some of the business effects you can achieve when your SAP TSW implementation is
complete. For more information about SAP TSW, refer to the “Additional Information” sidebar below.
Would you like to see this full item?