A Comparative Analysis of Analog and Digital Gantries in Nigeria’s Hydrocarbon Depot Management

Authors

  • CC Ikeogu Department of Transport Management Technology, Federal University of Technology, P.M.B 1526 Owerri, Nigeria
  • PC Ugboaja Department of Transport Management Technology, Federal University of Technology, P.M.B 1526 Owerri, Nigeria
  • MS Stephens Department of Transport Management Technology, Federal University of Technology, P.M.B 1526 Owerri, Nigeria
  • WI Ukpere Department of Industrial Psychology and People Management, Faculty of Management, University of Johannesburg, Johannesburg, RSA

Abstract

This study is focused on the comparative study of a Nigerian Independent Petroleum Company (NIPCO) digital depot operation and Consolidated Oil (CONOIL) analog depot operation in petroleum product supply chain. The analytical tools used in this study are; DEA Model and Censored Normal Regression Analysis. Censored Normal Regression Analysis was used to analyse the relationship between depot output (ullage savings) and gantry time. The result of the study suggests the following: Firstly, NIPCO is relatively more efficient than CONOIL. Secondly, the coefficient of gantry time is negatively related to output. This implies that increasing gantry input (time) will reduce the productivity of the depot output and vice versa.

DOI: 10.5901/mjss.2013.v4n14p591

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Published

2013-11-10

Issue

Vol. 4 No. 14 (2013): November 2013

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

How to Cite

A Comparative Analysis of Analog and Digital Gantries in Nigeria’s Hydrocarbon Depot Management. (2013). Mediterranean Journal of Social Sciences, 4(14), 591. https://www.richtmann.org/journal/index.php/mjss/article/view/1641