e-monitoring networks | manage product inventory, leak detection, compliance reporting, video site surveillance, sales data, vehicle dispatch and location, and customer inventory levels

Products
Petroleum
  Fuel Management
  Compliance
  Lube System
  Truck Tracking
  Video
  Card Transactions
  Order Entry
Pipelines
Transport
Environment

Fuel Management

Current Inventory Listing
By using current fuel inventory information, marketers can more accurately determine optimum product delivery cycles saving on average the expense of 10 deliveries per year to each location.. You also receive instant low-product alert notifications via FAX, email and pager to prevent run-outs and loss of sales.

Automated tank monitoring saves staff hours typically required to gather fuel inventory information. Inventory and ullage readings for all of your tanks is presented in a single report that you can sort by inventory level, ullage, delivery route and product type.

As one example of the savings you can achieve, one marketer using on-line inventory data reduced the average time to gather tank inventories (75 tanks) from 4 hours/day to 4 minutes/day (the time it takes to turn on his desk top computer, boot up and go on-line.).

In addition with careful planning and real-time inventory information, most marketers can lower average tank inventories by 10% or more. At today's prices, this can amount to a reduction in fuel inventory of one to two thousand dollars for every tank in the system - a several hundred thousand dollar reduction in invested capital for a marketer with 70 to 100 tanks.

Average Inventory Too High

By knowing current inventory and ullage, marketers can also reduce average tank inventory (lower working capital) and also take advantage of favorable fuel price fluctuations.

Since the network is already operational, service to your facility or client locations can be established in a very short time. Service agreements typically run for a 48-month term, however we offer a 3-month Pilot Program to allow customers to evaluate the service at several locations. Once the pilot phase is complete, the customer can continue into the full service phase and bring-up all locations immediately or ramp-up sites over the first year or 18 months of the service period.

Cost Savings Example

With this new on-line fuel management service averaging only $1.00 per day per fueling location you can expect to achieve a savings above the cost of service of over $100/month per fueling site in operating expenses and inventory carrying charges - see the example shown below analyzed on 3-tank per location basis. Additional savings are also achievable by adding daily and monthly compliance features to the fuel management service.

Savings Per Month Per Location

Tank inventory data gathering cost* $60.00/location/month

Transport Savings** $50.00/location/month

Reduced inventory carrying (interest) costs *** $30.00/location/month

$140.00/location/month

*   Based on saving an average of 6 minutes of labor per workday (120 minutes/month) per tank @ $30 per hour payroll and overhead cost.

**  Based on saving ten fuel delivery stops per year to the location at average of $60 per stop

*** Based on average inventory reduction of 15% of a 10,000 gal tank with a product cost of $1.00/gal ($1500 reduction in invested capital) and an interest rate of 8%)