Automating Fuel Supply with Real-Time Allocation Management 

Today’s fuel operators are often forced to manage contracts, buy fuel and target best buy opportunities using outdated systems that simply aren’t up to the task. Manual processes, endless spreadsheets and piles of paperwork can turn an already complex process into a slow, error-prone maze.  

When labor hours are spent analyzing tank levels, managing carrier schedules, and trying to prioritize orders for route planning, the margin of error is too high. Especially at a time when it’s already estimated that 20-30% of total fuel supply chain costs are eroded due to inefficiencies. The results can be damaging, ranging from runouts when fuel arrives too late to retains when inventory arrives too early and stays on the truck. All represent a loss of revenue. 

Operators managing fuel for a distributed fleet or a network of locations can avoid these risks by breaking down siloed systems and combining data streams into a unified hub. Doing so using integrated technology empowers them with real-time data from multiple sources to: 

• Track inventory, analyze consumption rates and execute accurate forecasting. 

• Plan out supply logistics in advance with predictive analytics 

• Spot best buy opportunities with continuous allocation management data 

Titan Cloud Senior Solutions Consultants Brent Puzak and Nick Viola discussed integrated supply management solutions streamline and optimize allocation management in their webinar, Automating Fuel Supply with Real-Time Allocation Management & Best Buy. Catch it here on demand. 

Ready to optimize allocation management for your distributed fleet? Talk to one of our solutions consultants today.