EXECUTIVE Ghana or re-export to neighboring countries by

EXECUTIVE SUMMARYThepurpose of this paper was to analyze the strategic management module of JuwelEnergy is a privately Ghanaian-owned Company authorized by the NationalPetroleum Authority (NPA) to function as a Bulk Distribution Company (BDC).Thispaper has considered the Porters five forces which are the five competitiveforces that shape any industry, and helps determine an industry’s weaknessesand strengths. I.e. the threat of substitute products and services, suppliers’bargaining power, customer bargaining power, industry competition and threat ofnew entrants.

Further,a thorough analysis of the competitive environment of Juwel was done. The PESTELAnalysis tool was used in examining how successful Juwel will be and itsposition in the industry, other external factors were examined. The Political,Economic, Socio-Cultural, Technological, Environment and Legal variations inJuwel’s business environment were examined.Further,the corporate strategy currently being pursued by Juwel was espousedconsidering Juwel’s high end strengths and considering weak ends and turningthe weak ends around for a competitive-edge foe the Company.Finally,recommendations for future strategic direction for Juwel were made as the wayforward for Juwel to achieve its objectives and being the best in the industryas it so desires.              .    VISION,MISSION AND OBJECTIVESIntroductionJuwelEnergy (hereinafter referred to as “Juwel”) is Energy is a privately Ghanaian-ownedCompany authorized by the National Petroleum Authority (NPA) to function as a BulkDistribution Company (BDC).

  The corefunction of a BDC is to first of all import and distribute petroleum productsand crude oil into Ghana or re-export to neighboring countries by followingappropriate legislation. The main customers of the BDCs are the Oil MarketingCompanies (OMCs) who are mainly engage in the operations of the fillingstations or retail stations throughout the country. Juweltrades in gasoline, gasoil, light gasoline, marine gas oil, jet fuel, mininggas oil, Premix fuel, cracked fuel oil, etc. There is an increasing domestic andinternational demand monthly for gasoline and gasoil which is approximately135,000 m3 and 95,000 m3 respectively. Tema Oil Refinery (TOR) has capacity to supply about 45% of this totaldemand through its crude oil refining process. The 55% balance is supplied by BDCsthrough imports.

Juwelproceeded to operate in its own capacity in 2012??.Juwelpromotes strategic alliances and seeks constantly to challenge the status quoso as to provide unique value to both internal and external stakeholdersthrough the trade, storage and distribution of fuels.Juwelis an entrepreneurial business, responding rapidly to new growth possibilitiesand opportunities in the downstream industry.

Best services for writing your paper according to Trustpilot

Premium Partner
From $18.00 per page
4,8 / 5
4,80
Writers Experience
4,80
Delivery
4,90
Support
4,70
Price
Recommended Service
From $13.90 per page
4,6 / 5
4,70
Writers Experience
4,70
Delivery
4,60
Support
4,60
Price
From $20.00 per page
4,5 / 5
4,80
Writers Experience
4,50
Delivery
4,40
Support
4,10
Price
* All Partners were chosen among 50+ writing services by our Customer Satisfaction Team

Juwel has a simple structure thatenables it to stay fixated, acclimatize swiftly to modification and fuel growthto make impact.Juwelis an ambitious company that believes in seizing every opportunity towardsgrowth and having the best as a way of addressing the needs of the industry andits clientele base. This is captured in its slogan, “creating solutions, ourpassion”.

VisionTo becomethe leading downstream market company in Ghana that has redefined effectivethinking, combining strategic partnerships with sustainable and profitablegrowth and aided in value adding policy development.MissionOur missionis to create sustainable customer value and build trust with our customers sothat they choose our products and services time and time again. We shall commitourselves wholly to the following:Surpassingcustomer expectations via service excellence.

Acquisitionand development of strategic partnerships in the Downstream.Sustainableshareholders’ value appreciation.Consistentlychallenging the status quo & improving in the area of operational thinking.

Humancapital development.Compliancein the areas of safety & regulatory standards. Objectivesof JUWEL ENERGY LIMITED Downstream market leader.With the  rise of many BDC’s in  Ghana, Juwel through its  strategic  management model seeks  to be the  leader  in  thedownstream market with  a competitive  advantage.

By doing this, Juwel seeks to capture,a significant percentage of the petroleum products market share in the countryand create a unique niche in the downstream industry as the best market leader.  200 retail sites via strategic partnerships.The main clients of the BDCs are theOil Marketing Companies (OMCs) who are primarily engaged in the operations ofthe retail/filling stations. Juwel wishes to form strategic alliances with theover 100 OMCs and over 1500 retail sites in Ghana for the supply of its topquality petroleum products. Juwel further seeks to liaise, cooperate andcollaborate with the Association of Oil Marketing Companies which is thegoverning body of the OMCs.  Launch depot plus jettyThere is an urgent need for theconstruction of more Storage Depots due to the dearth of petroleum product storagefacilities in Ghana and West Africa.

For this reason, Juwel plans on buildingits own Tank Farm for its imported products.  The tank farm would also serve as a warehousefor the storage of petroleum products as well as create business throughproviding storage facilities for other oil trading companies.  $38.1m cumulative Profit After Tax in first 5 years.Juwel seeks to churn its profitsinto free cash is very important for any company as it is the cash, which isgoing to add value to the shareholders.

Juwel seeks to reach at Cumulative PATof $38.1m in its first 5 years by comparing with the cumulative cash flow fromoperations (CFO) for the same period to assess whether the company is able to translateits profits into free cash.   Best team in the industryJuwel believes that investing in its team eventually createssustainable business. Juwel fosters an environment where all our team membershave a sense of belonging and are allowed the room to be creative and achievetheir full potential.

Juwel is committed to shielding the health and safety ofits employees and and making a positive impact on the communities around itthrough  corporate social  responsibilty. West African presence.As part of Juwel’s businessdevelopment strategy, Juwel intends to obtain a Petroleum Product Exportlicences to enable the company distribute and export petroleum products inlarge quantities in the country throughout the West African Sub-region.

Opportunities abound in this area of petroleum product marketing as the demandfor such services is very high in Ghana and the neighbouring landlockedcountries.