As part of the 60th Anniversary celebration of the Faculty of Engineering, Universitas Indonesia (FTUI), the Ventura Department of Industrial Engineering (Venturi) and PT Pertamina Training and Consulting (PTC) signed a Memorandum of Understanding (MoU) regarding the study services for the margin of certain types of fuel (JBT) Biosolar and special assignment fuel (JBKP) Pertalite at retail fuel sales distributors. The agreement was signed by the Dean of FTUI, Prof. Dr. Ir. Heri Hermansyah, ST., M.Eng., IPU, and the Director of Operations & Marketing of PTC, Yudi Somantri.
Prof. Heri Hermansyah expressed that this collaboration is expected to provide significant benefits for both parties. “Through Venturi FTUI, we hope to contribute to the calculation of the margin for JBT Biosolar and JBKP Pertalite products for PTC, thus optimizing the operational efficiency and economic feasibility of fuel stations in various regions in Indonesia. Of course, the results of this research will not only benefit Pertamina but will also enrich the knowledge and skills of researchers at FTUI,” said Prof. Heri.
The agreement covers three main areas: research on the business economics of fuel stations, mapping and clustering of fuel distributor areas, and margin calculation for JBT Biosolar and JBKP Pertalite products. In the research on the business economics of fuel stations, Venturi will collect primary and secondary data representing the current business conditions of fuel stations, and calculate the economics for each cluster using parameters such as investment, sales volume, IRR, NPV, payback period, and profitability index. Additionally, the research will include comparisons with other retail businesses such as convenience stores and coffee shops.
Yudi Somantri stated, “This collaboration is a strategic step in our efforts to continuously improve operational efficiency and provide more competitive and quality fuel products for the Indonesian public. With the support and expertise of academics from FTUI, we are confident that this research will provide valuable insights to optimize the production and distribution processes of fuel. This aligns with Pertamina’s commitment to continuously innovate and make a real contribution to supporting national energy resilience.”
Furthermore, Venturi will conduct mapping and grouping based on geography, community purchasing power, and 3T regions (Frontier, Outermost, Disadvantaged). In the third point, Venturi will calculate the per-liter margin for JBT Biosolar and JBKP Pertalite products and provide recommendations for improving the margin arrangement scheme. This research will provide important data and analysis to enhance the efficiency and competitiveness of Indonesia’s energy sector.
The MoU signing event coincided with the peak of FTUI’s 60th Anniversary celebration on Wednesday, July 17, 2024. This is a fitting moment to strengthen the synergy between the academic and industrial worlds, to achieve common goals in innovation and technology development. The collaboration between FTUI and PTC is expected to be the first step of many excellent and impactful collaborations in the future.
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Public Communications Office
Faculty of Engineering, Universitas Indonesia
