Project Development and Implementation for Strategic Managers: Outline of Project Specifications for Implementing a New Storage Tank Product Line

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Project Development and Implementation for Strategic Managers Executive Summary The production processes relied on for creating oil storage tanks that are integrated into tank farms or large-scale refinery processing and storage facilities continues to evolve more towards customized requirements. In the initial generations of development for oil storage tanks and the manufacturing of entire tank farms, customers as diverse as large-scale oil companies to foreign governments would often approve of a set series of configurations. Today however with the increasing focus on customization of oil tanks and entire refinery systems to the unique and highly specific needs of oil companies, foreign governments and international consortiums including the Organization of the Petroleum Exporting Countries (OPEC), oil storage tanks and farms require product-based manufacturing processes to accurately align to user's needs (Rosolio, Ronen, Geri, 2008). The previous generations' approaches to defining oil storage systems development from a one-size-fits-all mentality no longer holds true (Snyder, Ibrahim, 1996). The era of mass customization of oil storage facilities has arrived, complete with the need for integrative planning of oil processing workflows And key success criterion as defined by customers first (Cornillier, Boctor, Renaud, 2012). The needs of a regional oil producers will be significantly different than OPEC, and the manufacturing processes inherent in increasing storage

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