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About Us  IndianOil honoured with ISCEA Ptak Prize |
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| IndianOil honoured with ISCEA Ptak Prize |
| New Delhi, May 29, 2007 |
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International Supply Chain Education Alliance (ISCEA) awarded the 2007 Ptak Prize for Supply Chain Excellence to IndianOil and Honeywell international in recognition of significant supply chain improvements through Vision, Business Rules, and Technology.
ISCEA awarded the 2007 Ptak Prize to IndianOil and Honeywell at a special reception held at the 25th Anniversary of the DC EXPO at Navy Pier in Chicago, IL. ISCEA conducts programs to improve the knowledge of manufacturing and service industry professionals worldwide. It is also the developer of internationally recognized certification programs of Certified Supply Chain Manager (CSCM).
Dr. Charles A. Watts, ED, Education, ISCEA stated that, �IndianOil and Honeywell have implemented a supply chain solution that takes a system view of the organization. They have moved from focusing on local optimums to creating a more holistic solution that focuses on a global optimum. Supply Chain Professionals Worldwide should take note of what IndianOil and Honeywell International were able to accomplish in such a short time. We are delighted to recognize their success with awarding the 2007 Ptak Prize," Mr. S.S. Soni, ED, Optimisation, on the eve of award ceremony quoted that, "�End-to-end supply chain optimization module has enabled IndianOil to optimize corporate profitability across its entire supply chain. Our collaborative solutions are enabling the organisation in selection of optimal crudes, their allocation amongst its various refineries and in arriving at the optimal distribution plan with least placement cost to the consuming centres and facilitating decision in respect of major investments". |
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