Titan Cloud Improves BOL Reconciliation, Reduces Investigations for Retailer in Growth Mode
Managing close to 9,000 sites in North America, a major fuel retailer was looking for integrated technology to more accurately diagnose fuel loss factors. Tank Gauge Calibration (TGC) issues were especially troublesome, as the company’s traditional systems were manually processing raw data, leading to errors, false investigations, and ultimately, unnecessary write-offs.
Integrating Titan Cloud’s wetstock management solution, the fuel operator was able to correct inaccurate data to quickly differentiate between leaks, theft, and calibration issues. They were able to identify fuel loss factors quickly, and target investigations accurately. As a result, the company saved labor hours, inventory, and revenue.
Read how this global retailer overcame their challenges and optimized their business using Titan Cloud’s unified fuel platform.
CHALLENGES
- Tank Gauge Calibration errors
- Inaccurate diagnoses of inventory variance
- Revenue loss due to fuel loss
SOLUTIONS
- Wetstock management
- Fine grain tank chart technology
- Automated inventory variance analysis
RESULTS
- Improved fuel variance data accuracy
- Accounted for multiple million gallons / liters of fuel variances
- Increased visibility into unknown loss