Title
Improving The Maritime Transshipment Operations Of The Noble Group
Abstract
The Noble Group is a market-leading global supply chain manager of agricultural products, metals, and minerals, operating in more than 140 locations. This paper focuses on Noble's maritime operations in Indonesia, where coal is transported from mines to ocean-bound vessels via roads and rivers. Currently, transportation delays are causing Noble to lose tens of millions of dollars per year in demurrage and detention penalties. Although the company can hire additional resources (such as barges and floating cranes) in advance to minimize the impact of delays, the economic benefit of doing so is often unclear. To reduce or eliminate these delays, we develop a modeling framework and decision support system to facilitate the planning and management of Noble's transshipment operations. The system utilizes fast search algorithms that deliver efficient schedules, minimizing the cost of delays and additional resources required, and resulting in monthly savings exceeding $1 million.
Year
DOI
Venue
2016
10.1287/inte.2015.0841
INTERFACES
Keywords
Field
DocType
scheduling, maritime, transshipment operations, decision support system, heuristics, decomposition
Transshipment,Scheduling (computing),Decision support system,Operations research,Heuristics,Schedule,Supply chain,Engineering,Operations management
Journal
Volume
Issue
ISSN
46
3
0092-2102
Citations 
PageRank 
References 
1
0.37
10
Authors
2
Name
Order
Citations
PageRank
Ioannis Fragkos110.37
Bert De Reyck254746.23