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Every scenario in OMP can be monetized. The financial impact can be reported through KPIs. Different scenarios can also be compared in financial terms.

In OMP, all planners work on the same model and use optimization functionality that encompasses the entire value network, which can be so complex that it is hard for a human to oversee. OMP generates plan proposals starting from this overarching view, giving planners and leaders greater insight into their supply chain, including the numerous trade-offs to be made.

OMP includes a unique bill of materials formula framework, allowing variable bills of materials to be defined, depending on raw material composition, reactor parameters and other influencing factors. This works on multiple levels.

Campaign planning functionality is extremely important to balance supply and demand in the chemical industry. OMP optimizes campaign plans by integrating planning and scheduling and by extending Gantt chart functionality to tactical mid-term and long-term planning. In addition, OMP offers powerful changeover functionality.

All users work on one single version of the truth, ensuring that your entire organization is always collaborating on the same plan. Simulations can be run in the private or public space, allowing smooth collaboration and helping planners make optimal decisions. Business leaders have constant access to KPI dashboards which provide executive summaries and insights into the current plan’s health as well as into key trends and evolutions over the coming months about project inventories, asset utilization, etc.

OMP can handle multiple strategies and deliver plans that balance multiple trade-offs. Elements taken into account could include customer priority rules, contractual commitments, captive use and spot market opportunities, and sales prices and supply chain costs. OMP optimizes all this end to end, taking into account all the relevant supply, production and distribution constraints as well as considerations about inventory levels.

Within OMP, you can easily change the planning strategy where needed. In the unfortunate event of a force majeure, the system can be temporarily used to plan against fair share allocations to ensure the desired rules are being followed.

OMP helps to optimize the supply chain for maximum profitability. In the event of a high market pull, it will maximize production efficiency and bottleneck utilization by applying optimal throttling factors, optimal campaign lengths and optimizing the co and by product mix. This is kept in balance with the push from raw materials and production.

Within OMP demand planning, you can create revenue plans or translate volumes into other financial indicators such as margins. However, in the chemical industry such plans do not assure real financial output maximization, because supply and capacity limitations must also be considered. That’s why, in OMP, we combine financial targets with a complete supply and capacity model to deliver plans that optimize supplies and asset use, while assuring the best possible financial outcome.

No, OMP provides all the necessary functionality and views to make your plans. You don’t need to spend time on updating multiple Excel spreadsheets, sharing them with colleagues, figuring out if and where there are inconsistencies or double-checking calculation formulae. Whenever new data are entered into the system via an interface, you don’t need to worry about updating references or broken links, as in Excel. OMP even includes a helpful way of dealing with incomplete data, with alerts to direct you to the right place to fix any problems.

Planners who migrate to OMP typically report that the functionality helps them deliver more robust and better plans. They also appreciate the intelligence of the application, buying them more time to do in-depth analysis and comparison of scenarios.

OMP includes powerful modeling capabilities to deal with all the complexities of the chemicals supply chain. The solutions are based on many years of experience in the chemical industry, resulting in reality-based planning. The chemical industry requires integrated planning architecture that includes bucketized planning and sequencing based on Gantt charting. Continuous, campaign and batch production are all modeled in OMP Plus, as are silos and tanks, blending operations, variable bills of materials, rate throttling, and asset ramp up and ramp down.

Catalyst degeneration can be modeled with the OMP productivity modeling framework. This ensures that the system takes into account actual catalyst performance at all times.

OMP comes with extensive functionality to present data in a comprehensive and insightful way. Most of this functionality allows users to create their own reports and analyses. For example, a user can quickly create her own pivot to slice and dice through a particular table.

OMP includes workflow and collaboration functionality to allow plans to be shared with other stakeholders, including socialization action. This results in planning and scheduling to-do lists for the users concerned. The functionality also includes automatic emailing and supports chat with planning department colleagues.

OMP is an extended supply chain planning solution to which external users can be given access in a collaborative structure. This could involve people inside or outside the organization. Access is via a cloud platform.

Master data quality is a prime aspect we take into account in every OMP implementation. Our implementation methodology allows us to identify where work on data quality may be required early in the project. In addition, OMP includes data consistency checking and monitoring tools to identify data issues and trigger warning flags.

OMP handles high data volumes using in-memory and data partitioning techniques as well as through a strategy to only activate the data that matter for each individual end-user.

OMP can be implemented in both cloud-based and on-premise configurations, depending on your IT policies and preferences.

All the key chemical supply chain functionalities built over the years through our experience in the chemical industry are available in standard OMP. As a result, customization is limited to a strict minimum.