Fleet operators face many challenges in this volatile and unpredictable fuel market. First, individuals tasked with fleet and fuel management must ensure security of supply, ensuring fuel is available when and where it is needed. Second, minimizing costs while maximizing operations is a challenge due to the constant fluctuation in fuel costs and the many variables in fleet operations. By centralizing operations, creating strategic supply relationships and automating key processes in fuel management, fleet operators not only save in fuel costs but can maintain consistent operations to ensure their fleet stays on the road.

• Determine the true cost of a gallon of fuel by performing an in-depth spend analysis
• Create an environment of best practices by comparing current operations to industry standard pricing and performance
• Determine an effective supply strategy by balancing security of supply with desired cost and margins
• Streamline supply contracts by coordinating operations, accounting and legal teams to maximize opportunity
• Ensure flawless execution of the fuel management program through rigorous compliance.

FuelQuest's fuel management services helps fleet operators in lowering costs, mitigating risk and maximizing fleet utilization with the above process using its two primary solutions geared towards the fleet operator:

Fuel Center

FuelQuest Fuel Center ensures the foremost industry experts are on the job working to obtain the best fuel supply portfolio possible at the most competitive prices in each market. Fuel Center typically provides 4 to 6 cents per gallon in overall savings. Fuel Center full service offering allows fleet owners to enjoy real-time access to all operational, purchasing, pricing and financial reconciliation activities while benefiting from the lower fixed overhead costs of maintaining a fuel procurement staff and system.

Fuel Center provides:

Strategic Procurement

• Provides recommendations on supply and pricing strategy; prepare risk management profiles
• Conducts supply and transport RFPs

Fuel Management

• Optimized inventories, daily pricing decisions and delivery schedules using FuelQuest's Strategic Sourcing and other forecasting and tactical dispatching tools
• Delivery Reconciliation - Records delivery information from driver and automatically compares the delivery to the site's tank gauge
• Financial Reconciliation - Fuel price, volume and freight reconciliation.

In addition, to our outsourced solutions, Fuel Center provides benchmarking to:

• Evaluates both fuel and freight for given markets as measured against industry averages
• Delivers a comprehensive report including an ROI of what outsourcing your fuel responsibilities to Fuel Center would yield

Fuel Management System (FMS), our bulk fuel management solution provides:

• Supply Chain Analysis - FuelQuest analyzes customer spend trends, supplier contracts, market dynamics and other business processes to determine opportunities for gaining efficiencies for fleet optimization
• Strategic Procurement Plan - Based on the supply chain analysis, customers can negotiate long-term strategic contracts with suppliers in order to streamline and maximize supply chain value.
• Strategic Sourcing - FuelQuest can also identify short-term tactical buys based on market conditions, opportunity and business needs to result in short-term gain
• Intelligence Dashboard - With access to 1 million price feeds, the FMS solution keeps customers informed and able to make smarter purchasing decisions in an instant
• Real-Time Optimization - FMS gives customers visibility to their entire supply chain which can help customers determine minimum fuel needs in order to maximize capital investment at any time from any location
• Fleet Dispatch - FMS also has the ability to manage fuel transport dispatch to maximize fleet utilization
• Invoice and tax reconciliation - FMS gives customers control and management of costs within one single supply chain management system - from input to output of fuel procurement and management