{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Island_Petroleum

Island_Petroleum - Application of Lean Six Sigma to Improve...

Info icon This preview shows pages 1–6. Sign up to view the full content.

View Full Document Right Arrow Icon
Application of Lean Six Sigma to Improve the Fuel Supply Process
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Island Petroleum Ltd Profile IPL is a small petroleum Company operating in Jamaica . Sells Regular , Premium Gasoline and Diesel. At its 80 retail stations. Has 110 employees and contractors . Has it’s own import terminal in Montego Bay. Imports fuels from a refinery in Trinidad. Buys fuel occasionally from local refinery in Kingston.
Image of page 2
Introduction: Project Outline
Image of page 3

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Lean Sigma Charter General Project Information Project Name Fuel Supply Optimization Project Sponsor Island Petroleum Executive Management Project Managers Satish Harrylall and Hassan Mohammad Email Address [email protected] & [email protected] Phone Number 954-547-1185 Process Impacted Inbound Supply Logistics  Expected Start Date January 31st 2011 Expected Completion Date April 27th 2011 Expected Savings   Approximately $800,000 per annum
Image of page 4
Description of Problem, Goals, Objectives, and Deliverables Problem or Issue  Island Petroleum Limited is concerned about the large variance in its planned Operating Income and its  actual Operating Income. The actual Operating Income in 2010 is 7% below plan or $949,000. If IPL  continues to operate with these variances it will not be able to meet its shareholders obligations. IPL must  evaluate what is causing these variances and address the issues.
Image of page 5

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 6
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern