ANALYSIS OF THE CURRENT PRACTICE OF RAW MATERIAL INVENTORY MANAGEMENT AT DOMESTIC OIL REFINERIES
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Author(s): | Arsentiev S. S., Tsenina E. V., |
| Number of journal: | 3(72) | Date: | September 2025 |
| Annotation: | This article examines the practice of managing raw material reserves at Russian oil refineries, taking into account the impact of global energy prices and the need to maintain the sustainability of the production process. Special attention is paid to the functional role of inventories, their importance in reducing production and market risks, as well as the importance of introducing digital and automated control systems. The research was based on data on the management of raw material reserves at Tatneft PJSC, Lukoil PJSC and Gazprom Neft PJSC, including indicators of production, refining, financial results and the use of digital technologies. The research methods included a comparative analysis of inventory management strategies, evaluation of the effectiveness of digital tools, and optimization of logistics chains to identify the strengths and weaknesses of the systems. The study revealed that digitalization, demand forecasting and optimization of logistics contribute to improving the efficiency of inventory management and production sustainability in the companies under consideration. At the same time, the companies face a limited resource base, high capital intensity of projects and the need to develop hard-to-recover reserves. Thus, the implementation of measures to expand exploration, technology development and digitalization of inventory management contributes to strengthening the resource base, increasing efficiency and resilience to external challenges. In conclusion, effective inventory management at the enterprise is ensured by digitalization, and modern methods are based on digitalization and logistics optimization, which makes it possible to strengthen the resource base and increase competitiveness in the global market. | ||
| Keywords: | inventory management, optimization, demand analysis, forecasting, inventory optimization, management systems, process automation, modern technologies, industry, oil refineries |
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| For citation: | Arsentiev S. S., Tsenina E. V. Analysis of the current practice of raw material inventory management at domestic oil refineries. Biznes. Obrazovanie. Pravo = Business. Education. Law. 2025;3(72):95—100. DOI: 10.25683/VOLBI.2025.72.1407. |
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