Managing your inventory is critical. If you run out of fuel, you lose sales and customers. But if you have too much fuel in inventory then you have money unnecessarily tied up. So how do you determine just the right amount of fuel to hold in inventory?
The Fuel Order Management & Dispatch (FOMD) module gives you the tools to keep the right amount of fuel on hand given the price market conditions. It can even recommend quantities and supply sources based upon your user-defined preferences.
Historically, many jobbers have let the task of managing fuel inventory fall to their carriers because they do not have the right tools for the job. But this leaves you at their mercy — your carrier may deem another customer more important when your inventory is running out or load you up with fuel just to keep you quiet. The Inventory Management module puts you in control with access to real-time tank reporting so you can make informed purchasing decisions.
Inventory management automation solutions include:
Fuel Order Management & Dispatch (FOMD) – examines site sourcing rules and real-time prices to provide best buy recommendations and load assignments
Inventory Management – offers real-time tank level visibility and facilitates easy fuel ordering
Private Markets – provides a secure web portal where customers and stakeholders can view and manage inventory and history