Improve your corporate profitability with Solomon’s Worldwide Petroleum Terminal Productivity Performance Analysis.
Solomon’s Worldwide Petroleum Terminal Productivity Performance Analysis (PTPA Study) allows you to identify opportunities to improve productivity in your petroleum product terminal operations as well as directly related support functions such as headquarters and regional management.
This beneficial tool, which has been time-tested globally, is designed for the most common type of bulk liquid terminal facility—the refined products truck-loading terminal. Terminal operations are benchmarked based on prime receipt mode—pipeline, marine, truck, or rail—using gap analysis, industry experience, and logistics knowledge to define terminal-specific targets.
The study leverages proprietary data collected and analyzed by Solomon over the past 25 years to identify terminal-performance gaps by comparing each facility on a cost-per-throughput basis. Based on this analysis, Solomon identifies opportunities for improvement.
As an add-on to the PTPA Study, Solomon offers a PTPA Trucking Study to analyze the efficiencies of on-site and off-site operations. Metrics for the study include fleet productivity and utilization, company fleet versus common carrier analysis, opportunity gap analysis based on trip distance and cost, truck and driver utilization, and reliability issues such as spills, runouts, accidents, and driver safety.
Learn How You Can Participate
Obtain a clear picture of your competitive position with data-driven, actionable insight. Make informed decisions and justify your strategies and improvement projects.
The study leverages a large international database with information on
Solomon can help you:
- Set and prioritize cost and operational targets by terminal.
- Identify regional KPIs.
- Validate and challenge internal perspectives of both market gaps and competition.
- Feed action plans for continuous improvement programs.
- Aid in the search for sustainable differentiation and enhance strategic thinking.
- Provide access to market trends and structural changes.
- Promote communications among internal stakeholders.
Closing Performance Gaps
What gaps do you struggle to close? What quick and near-term actions will have the biggest impact on performance excellence and profitability? We know what good looks like… and how to get there.
Data Quality, Benchmarking Methodology
A Foundation for Effective Comparative Performance Analysis and Decision Support
We prioritize the integrity and confidentiality of participant-submitted data and rigorously review that data before benchmarking begins. Then, we employ our normalization process and benchmarking methodology to provide valuable and trusted peer group comparisons that deliver meaningful KPIs. Finally, our staff of senior consultants apply their deep industry experience to develop practical insight and recommendations to enable your success.