Abstract
The oil market is a worldwide market. Due to an increasing demand of the fast growing countries like China and India, the oil market has been changing to a strong emerging market. Due to these effects the prices of raw material and finished goods have extremely increased and are strongly volatile. Faced with very complex production techniques and high investment costs for enlarging production capacities a European company needs a very high level of flexibility as well as integration in planning and scheduling in its supply chain to survive in the world market.
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© 2015 Springer-Verlag Berlin Heidelberg
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Roitsch, M., Meyr, H. (2015). Oil Industry. In: Stadtler, H., Kilger, C., Meyr, H. (eds) Supply Chain Management and Advanced Planning. Springer Texts in Business and Economics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-55309-7_24
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DOI: https://doi.org/10.1007/978-3-642-55309-7_24
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Publisher Name: Springer, Berlin, Heidelberg
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Online ISBN: 978-3-642-55309-7
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