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Value Chain Analysis Of Chevron

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Introduction
Chevron is one of the world's six "super major" oil companies; as of 2015, it ranked third in the Fortune Global 500 list of the world's largest companies. (Rankingthebrands.com, 2015)

Chevron’s Value
Chevron’s gasoline rated Top Tier contains more detergent additive, which improves engine reliability. (Top Tier Gasoline, 2015) Techron, is a patented additive developed by Chevron Products Company. Techron is proven to be effective at keeping both modern and older engines clean. The result is maximum power, lower emissions and maximized fuel economy. Even microscopic amounts of engine deposits can adversely affect performance. (TechronWorks, 2015)

With the introduction of Techron, Chevron gasolines became the first fuels designated …show more content…

(Chevron Global Issues, 2015) Increasingly, innovation appears to be a vital path to efforts to develop such advantages (D.Dunlap-Hinkler, 2010).

Value Chain Analysis

Technology Development
Chevron has three technology companies that support their businesses. The work that these companies do is integrated across Chevron, ensuring a strong alignment between the technologies we use and our business strategies. (Chevron Technology, 2015)

Inbound / Outbound Logistics
Toll designed, and is currently constructing, three state-of-the-art Landing Craft Tank (LCT) vessels to support Chevron’s supply chain when delivered. These larger-capacity vessels will be some of the safest and most efficient vessels in the industry. (Us, 2014)

Operations

Chevron developed the Operational Excellence Management System (OEMS). This is Chevron's comprehensive approach to managing process safety, health and personal safety, the environment, reliability and efficiency to achieve world class performance.

It establishes expectations and requirements for their business units and guides leader behaviours to manage, prioritize and continuously improve our efforts to protect people and the

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