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New software solutions integrate planning and scheduling processes to accelerate decision-making

Crude Schedule Optimization and Multi-Blend Optimization available in a single, integrated platform Improves refinery margins by automating time-intensive manual workflows Enables refineries to respond more quickly to market volatility and optimize product blending , /PRNewswire/ -- Global automation leader Emerson (NYSE: EMR) has introduced software that automates two of refining's most time-intensive and margin-critical processes: crude scheduling and product blending. The new solutions enable refineries to increase operating margins, improve efficiency and respond faster to market changes.

Customers use Aspen Unified Scheduling™ (AUS) to eliminate the disconnected tools and manual data gathering that make scheduling harder during volatile markets. AUS now adds two new products – Crude Schedule Optimization and Multi-Blend Optimization – that bring planning, scheduling and blending into one platform. As a result, customers can turn optimal plans into realistic schedules fast enough to keep up with changing market conditions.

"Refinery schedulers are managing more complexity and greater crude market volatility, with the same hours in the day," said Claudio Fayad, chief technology officer at Emerson's Aspen Technology business. "By automating the most time-intensive workflows within a unified platform, our solutions free experienced teams to focus on higher-value decisions while enabling newer engineers to contribute faster. The result is stronger margins and better operational decisions across the organization."

Optimizing Crude Scheduling

Crude Schedule Optimization takes refinery data from Aspen Unified PIMS™ and automatically determines the optimal crude receipts, transfers, blends and production schedules to maximize margins. By minimizing manual work and enabling rapid "what if" scenario testing, refineries can improve scheduling precision, thereby reducing errors and enabling rapid response to crude market fluctuations and price opportunities.

Maximizing Blending Efficiency

Multi-Blend Optimization simultaneously optimizes the recipe of each individual batch of blended product within the scheduling window. It continuously optimizes product qualities and balances production against market conditions and operational constraints, while ensuring compliance with quality specifications. By making optimal use of available blend components, refineries reduce quality giveaway, lower blend component costs and improve profitability.

Both solutions are offered as separately licensed products available within Aspen Unified Scheduling. As part of the broader Aspen Unified™ solution, Aspen Unified Scheduling connects data, optimization and execution – reducing manual intervention, improving operational consistency and accelerating the speed of critical business decisions.

Additional Resources: 

Learn more about Aspen Unified Scheduling Join the Emerson Exchange 365 Community Visit Emerson's Industrial Software Page on LinkedIn Connect with Aspen Technology on LinkedIn Connect with Emerson via X Facebook LinkedIn YouTube  About Emerson
Emerson (NYSE: EMR) is a global automation leader delivering solutions for the most demanding technology challenges. Headquartered in St. Louis, Missouri, Emerson is engineering the autonomous future, enabling customers to optimize operations and accelerate innovation. For more information, visit Emerson.com.

SOURCE Emerson

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Emerson Electric (EMR - Free Report) closed the most recent trading day at $137.91, moving -2.58% from the previous trading session. This move lagged the S&P 500's daily loss of 0.45%. Meanwhile, the Dow lost 0.25%, and the Nasdaq, a tech-heavy index, lost 1.16%.

Prior to today's trading, shares of the maker of process controls systems, valves and analytical instruments had gained 1.79% lagged the Industrial Products sector's gain of 4.88% and the S&P 500's gain of 2.14%.

The upcoming earnings release of Emerson Electric will be of great interest to investors. The company is forecasted to report an EPS of $1.68, showcasing a 10.53% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $4.8 billion, indicating a 5.48% increase compared to the same quarter of the previous year.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $6.49 per share and a revenue of $18.81 billion, representing changes of +8.17% and +4.41%, respectively, from the prior year.

Investors should also pay attention to any latest changes in analyst estimates for Emerson Electric. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.01% decrease. Right now, Emerson Electric possesses a Zacks Rank of #3 (Hold).

Looking at valuation, Emerson Electric is presently trading at a Forward P/E ratio of 21.8. This valuation marks a discount compared to its industry average Forward P/E of 22.99.

Also, we should mention that EMR has a PEG ratio of 2.26. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As the market closed yesterday, the Manufacturing - Electronics industry was having an average PEG ratio of 1.73.

The Manufacturing - Electronics industry is part of the Industrial Products sector. This industry, currently bearing a Zacks Industry Rank of 164, finds itself in the bottom 34% echelons of all 250+ industries.

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