Fuel Inventory Variance Part 1: The Domino Effect Across the Supply Chain
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The Industry’s Leading Fuel Asset Optimization Platform
Simplify your operations with the industry-leading enterprise platform. Gain complete control and visibility over fuel, supply & logistics, maintenance, and compliance.
Monitors
50
% of all U.S.
Consumer gas throughput
Trusted by
800
+
Of the world’s leading brands
Built for Scale
85000
+
Connected c-stores and global facilities
Trusted by the Largest Convenience Stores and Fleets Worldwide
Fuel Asset Optimization Helps Across
Your Various Departments
For Fuel Management
- Optimize Your Fuel Supply Chain
Access vital fuel inventory data in a single dashboard from terminal to truck to tank to dispenser to consumer.
- Improve Fuel Throughput
Boost fuel throughput and profits by swiftly addressing exceptions like tank shut down, slow flow, and nozzle down.
- Minimize Fuel Loss
Our Fine Grain Tank Chart can detect meter specific anomalies which will reduce variance to < 1%.
For Supply & Logistics
- Automate Your Inventory
Our data-driven fuel forecasting algorithms, along with inventory management, and site and tank management, optimally determine which sites need delivery, of what product, when, and how much.
- Manage Procurement, Pricing & Haulers
Lower fuel supply costs through comprehensive contract and badge management capabilities, load optimization, off-contract best buy procurement, and carrier and third-party performance management.
- Simplify BOL & Invoice Reconciliation
Reduce DSO, inventory variance due to BOL mismatch, and manual processes through our automated invoice and BOL reconciliation engine.
For Maintenance
- Manage Your ATGs Remotely
Poll data, run tests, and update ATG configurations in real-time, drastically reducing the need for onsite service requests.
- Closed-Loop Incident to Resolution
Increase equipment uptime (number and duration of incidents) through real-time issue detection, alerts, and automated workflows.
- Optimize Dispatch Processes
Cut through the noise by delivering only priority-1 alerts to vendors for quick issue resolution, expediting dispatch, and minimizing maintenance spend.
For Compliance
- From Cost-Center to Cost-Containment
No more undetected leaks with Titan’s environmental compliance software. Round-the-clock monitoring will lower your environmental fines by up to 80%.
- From Reactive to Proactive
Proactive alarm management offers the invaluable advantage of early issue detection and resolution, mitigating risks, and reducing costs associated with fuel asset-related issues.
- From Manual to Streamlined
Store all your company’s compliance documents in one place to place comprehensive data and automated reports at your fingertips.
Fuel Trends & Strategies
How are fuel retailers tackling rising costs and shifting demand? Titan Cloud and NACS Research reveal key trends, challenges, and strategies shaping the industry’s future.
Overcome the Challenges You Seek To Solve Everyday
Manual Maintenance Requests
Automate work requests by priority level, vendor selection, and root cause, while expediting resolution and first-time-fix-rates.
Excessive Vendor Costs
Vendor cost reduction through integrated/automated vendor work streams that decrease and simplify vendor management tasks, allowing for cost savings and pricing model standardization.
Equipment
Downtime
Increase equipment uptime through real-time issue detection, cross-functional workflow management, and closed-loop execution.
Inventory Variances
Increase fuel throughput through very precise fine grain tank chart, dispenser flow rate analysis at every site, and meter drift predictions.
Gaps in Compliance Reporting
Reduce inspection prep time, never miss paperwork, and rest assured that your compliance data is always available.
Inefficient Operations
Digital, real-time collaboration with critical third-party providers reduces lead times and human errors.
Reactive vs. Proactive
Visualize data through dashboards, daily and weekly reports, or workflows that trigger notifications to act on key issues with real insights.
Tank Runouts
Reduce the frequency and duration of runout events through accurate tank forecasted demand, cross functional visibility, and real-time collaboration with haulers.
Optimizing Fuel Assets Where It Matters Mosts
“Before Titan Cloud, despite all the sensors and systems we had in place, we might find out about an environmental issue only when the DEP shut down the site. Now, we follow trends across hundreds of tanks and can proactively investigate what’s going on underground.”
Suneet Sharma
Director of Retail Operations, Northeast Region
“Titan Cloud solutions have helped tremendously in identifying and resolving inventory variance issues quickly. They’ve helped detect and mitigate fuel loss chain-wide, efficiently address sources of variance, and manage monthly reconciliation reporting across North America.”
Ron Fulencheck
Director, Gasoline Environmental Compliance and Remediation
“We partnered with Titan Cloud to streamline our operations and to leverage a single source of data for our fuel site needs. Titan’s support and services have been instrumental as we continue to scale and add sites throughout North America.”
Tom Cacciola
SVP & Chief Real Estate Officer
Learn More About Strategies to Optimize
Your Costs and Margins
Ready to Optimize Your Fuel Operations?
