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 FuelQuest Fuel Center is an outsourced fuel management service for clients who wish to control high motor fuel prices and volatility. The Fuel Center team saves money and improves supply security by better managing the complexity in the fuel supply chain. Outsourcing to the Fuel Center team provides lower administrative costs and allows our customers to focus on their core business. By not owning trucks, fuel or other assets, Fuel Center's interests align perfectly with those of our customers. We act as an extension of your team and manage your fuel in the same manner as many of the world's most successful fleets and retailers.
Fuel Center serves customers who annually purchase over 1 million gallons of bulk motor fuel such as diesel and gasoline. Typically, our customers either consume fuel to run their own fleets or they retail motor fuels to end customers. Fleet industries we serve include LTL, mining, food distribution, bus/transportation, aggregates and waste management/environmental.
Fuel Center provides an outsourced fuel team with unmatched industry expertise. The Fuel Center team drives average savings of 4 - 6 cents per gallon through our deep industry expertise, our technology solution, and our use of alternate supply options. By not owning trucks, fuel or other assets, our interests align perfectly with those of our customers.
Fuel Center provides a range of services to optimize the supply chain:
Strategic Procurement
- Provides recommendations on supply and pricing strategy; prepare risk management profiles
- Conducts supply and transport RFPs
Fuel Management
- Optimizes inventories, daily pricing decisions and delivery schedules using FuelQuest's Strategic Sourcing and other fuel price 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 a Benchmark service to:
- Evaluate both fuel and freight for given markets as measured against industry averages
- Receive a comprehensive report including an ROI of what outsourcing your fuel responsibilities to Fuel Center would yield
Fuel Center Value:
- Experienced internal fuel management team for bulk fuel buyers
- Management of fuel inventory, sourcing, dispatch, delivery and financial reconciliation
- Built on FuelQuest's Fuel Management System (FMS) - the largest fuel management network in North America
- Strategic assistance with supply/transportation contracts and risk management
- Independent of any supplier or carrier
- Industry leading best practices
Benefits:
- Reduce fuel costs by 4 to 6 cents per gallon
- Increase security of supply
- Optimize inventory
- Centralize control and visibility across fuel management at all of your sites
- Reduce administrative costs and burden and improve invoice reconciliation
- Manage your fuel in the same manner as many of the world's most successful fleets and retailers
- Procure fuel in the same money saving, advanced way as some of the largest companies in the world
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LTL
Ensuring supply security and minimizing costs to procure and manage bulk fuel are top priorities for LTL trucking organizations. Today more than ever, reducing balance sheet liabilities, controlling the total fuel spend and maximizing asset utilization have become strategic imperatives for leading fleet companies. By outsourcing their fuel procurement and management operation to the Fuel Center experts, fleet operators can centralize the fuel management process, mitigate the impact of fuel price volatility, drive OPEX predictability and optimize deployment of working capital.
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Food Distribution
For fleet operators in food distribution, fuel is not their business, food is. However, managing fuel costs is important to the success of a fleet, and fleet operators are looking to implement best practices across fuel operations in order to optimize the fuel process and reduce costs. By outsourcing fuel management to the Fuel Center experts, food distributors are able to focus on what they do best.
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Mining & Aggregates
Mining and aggregates managers are challenged with the task of managing diesel fuel volatility and risk across multiple - and often remote – locations, no small task when diesel prices can fluctuate from fractions of a cent to nearly 15 cents per day. The Fuel Center team will assist mining and aggregate managers to manage risk across all sites by reducing financial exposure to volatile markets, providing greater insight into fuel processes and obtaining the most favorable diesel fuel supply portfolio with the most competitive price.
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Waste Management
Local governments and private waste companies charged with removing trash and recyclables are facing increasingly tighter margins due to fuel price volatility. Unpredictable expenses yield an unpredictable balance sheet; something with which no business can succeed. Outsourcing fuel management allows waste management companies to focus on their core businesses while benefitting from centralized fuel management, visibility into inventory and security of supply.
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Retail
Retailers are competing to capture the dollars from an increasingly shrewd pool of potential customers. Fuel retailers in particular are enduring intensified competition. Convenience stores have the added challenge of turning a profit from in-store inventory while also tasked with managing fuel pricing and supply. Fuel Center’s outsourced fuel management offers an extension of your existing resources with superior domain expertise.
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Transportation
The global transportation industry is increasingly competitive. Pressures to perform superior passenger travel while competing in a largely commoditized industry, leaves fuel costs as one area that has the potential for high-impact improvement. Having an outsourced team of professionals execute a strategic fuel strategy allows transportation companies to concentrate on the business of delivering customer satisfaction.
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Call us to discuss the success that our customers have had with our Fuel Center service
Fuel Center provides a Benchmark service that shows you your cost savings opportunities.
The Benchmark:
- 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
To request a benchmark, contact FuelQuest at 713-222-5718.
"We couldn't be more pleased with the benchmark process that FuelQuest took us through," said Roger Koehler, vice president of purchasing for Veolia Environmental Services, North America Corp. "The data presented back was more detailed and thorough than I expected. The findings were laid out nicely in easy-to-read documents that were left behind for me to share with my team. I found it important to first understand how Veolia is buying so we could find every possible way to save additional money on fuel. I would highly recommend the benchmark process through FuelQuest as the first step in figuring out strategic ways to lower your company's fuel spend."
Our Customers Say:
"Our relationship with FuelQuest is significant because it allows us to not only streamline our fuel management but provides unparalleled visibility into our operations from fuel sourcing options to excise tax reconciliation"
John Fershtand, Director of Fleet Operations
Ben E. Keith Foods
"FuelQuest's Fuel Management Services enables us to complement our internal talents with FuelQuest's veteran staff and industry-leading solutions to obtain the optimal supply portfolio at the most competitive prices so we can pass that savings along to our guests"
Chris Bridgford, Fuel Director
United Supermarkets
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