For transportation companies such as airlines, rail, private and public fleets, and mining operations, a consistent and affordable supply of fuel is critical to their businesses, especially, with fuel costs comprising 30% or more of total operating expenses. The volatile fuel market makes running these operations challenging, and fuel buyers are under pressure to ensure security of supply while staying within budget.

Transportation Solution:
The FuelQuest FMS solution enables security of supply by not only gaining access to all fuel suppliers which are integrated into the FMS network but also by offering inroads to alternative sources of supply whether that be biofuels or load shifts (tankering) available on the market. Enabling fuel buyers to leverage the vast network of supply sources results in their ability to reduce costs, gain better visibility to supply and gain greater security of supply. Strategic sourcing enables short-term tactical buys to take advantage of excess supply on the market, or short-term buy opportunities. Fuel buyers can make decisions whether to buy on-contract or off, and with over 500,000 price feeds available on-demand in the FMS dashboard, buyers can make better, more timely decisions.With FuelQuest, customers can expect:

• Reduced fuel costs
• Reduced operating costs
• Risk Management & Security of Supply
• Ability to locate alternative sources of fuel
• Ability to provide Fuel Price insurance
• Ability to provide Hedging of your individual fuel inventories
• Lowered transportation costs
• Lowered inventory carrying costs
• Greater predictability and control in the acquisition and management of fuel
• Better understanding of demand patterns (fluctuation in peak and low needs, etc.)
• Integration into existing enterprise systems customers have in place (ie. SAP, Oracle Financial, JD Edwards, Great Plains)
• Support team dedicated to customer throughout integration and implementation.