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...Ieej july crude oil procurement by japanese companies shigeki kajiwara researcher of group marketing administration dept kyushu co ltd now introduction the world market contains not merely spot markets featuring physical transactions but highly developed paper notably futures and forward delivery thus forming a very composite structure in which all these are interrelated reciprocally influential while driv ing management rationalization efficiency increases japans industry on its part recog nizes that intricate ever international how to identify procure good economics industrys top priorities this report train general business procedures related ranging from selection grades be purchased transportation tankers mechanism determining prices settle ment invoices covering purchases outlined quoting actual examples overall for is shown fig note next page first must determine volumes needed procured timing when procuring establish optimal plans refinery product output taking into account sca...