Services: Benefits Analysis

Benefits analysis is a vital part of effective scheduling and has two important objectives: identification of areas in which scheduling will yield the greatest return; and benchmarking performance. To complete benefits analysis, Refining Advantage collects data on various areas of scheduling effectiveness, including:

  • Attainment of throughput constraints
  • Quality giveaway
  • Number of crisis decisions
  • Inventory levels
  • Demurrage
  • Evaluation of special opportunities
  • Deviation between plan and actual

Next, Refining Advantage analyzes this data to determine the difference between actual performance and theoretical performance and quantify the profitability associated with the difference. Finally, we report to you the key indicators for scheduling performance.