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API Staff Contact: Desiree Burnley American Petroleum Institute 1220 L Street, NW Washington, DC 20005-4070 P: 202-682-8504 F: 202-682-8207 E: burnleyd@api.org |
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Downstream |
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Downstream Standards
The Inventory Balance Request XSD (dated 12/20/2006) is a standard defined
to facilitate the exchange of product inventory balances. Shipping facilities
today maintain inventories on which products are owned by which stock
or position holders. They also maintain physical inventories of what products
are contained in which tanks in their facilities. The former is the purpose
for defining the Inventory XSD. This is the only standard which provides
consistency in acquiring and sending the inventory information. The formats
and methods by which product owners of product through the terminal facilities
receive this information varies with the shipping facility, as well as,
by the capabilities of their rack automation systems or the service they
subscribe to. Typically this information is available through the rack
automation system, however, nothing precludes the shipping facility's
ERP from providing the information, possibly in yet another format. This
XSD defines the attributes that are necessary to properly report a position
holder's product inventory at a particular facility at a specified effective
date.
Ann Rolison, Vice-Chair |
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