Overview

Outsourcing fuel management responsibilities to the FuelQuest Fuel Center team minimizes the impact of a volatile fuel market allowing customers to gain better predictability in meeting operational and financial goals. Fuel Center applies industry best practices and fuel expertise to driving down fuel costs across a number of areas including supply sourcing, inventory levels, freight, invoice accuracy, taxes, administration, and more. Ultimately, customers gain greater control over their fuel operations and are able to focus more on their core business.

Because FuelQuest does not own trucks, fuel, or other assets, Fuel Center eliminates any conflicts of interest in the supply chain. Fuel Center acts as an extension of your team, managing your fuel using the same technology and best practices as the world's most successful fleets and retailers.

Key features:

• Unmatched Expertise - Leverages the team that manages millions of gallons of fuel for the world's most successful fleets and retailers
• End-to-End Management - Provides fuel inventory, sourcing, dispatch, delivery, and financial reconciliation
• Utilizes Best of Breed Technology - Leverages FuelQuest Fuel Management System (FMS), which runs the largest fuel management network in the world
• Strategic Recommendations-Provides expert guidance on supply portfolio (fuel and freight), contracting, and sourcing
• Alignment of Interests - Avoids conflicts of interest via independence from any supplier or carrier
• Industry Leading Best Practices - Uses procedures and processes that have been proven in deployments for the world's most efficient managers of fuel

Fuel Center provides a range of services to optimize the supply chain:

• Strategic Procurement - Provides recommendations on supply and pricing strategy; prepares risk management profiles; and conducts supply and transport RFPs.
• Fuel Management - Optimizes inventories, daily pricing decisions, and delivery schedules using best buy, forecasting, and tactical dispatching tools.
• Financial and Delivery - Provides detailed reconciliation of fuel prices, taxes, volumes, and freight
• Performance Benchmarking - Measures and evaluates the performance of your current fuel management operations against industry averages for your market. Provides a comprehensive report including potential the ROI of outsourcing fuel responsibilities to Fuel Center.

Benefits

With Fuel Center, customers can:

• Reduce fuel costs by 4 to 6 cents per gallon
• Gain greater predictability in meeting operational and financial goals
• Increase security of supply and optimize inventory
• Centralize control and visibility across fuel management at all sites
• Reduce their administrative burden and improve invoice reconciliation
• Manage fuel in the same manner as many of the world's most successful fleets and retailers.

Related Industries

	LTL Ensuring supply security and minimizing costs to procure and manage bulk fuel are top priorities for fuel operators with commercial and industrial fleets. 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, LTL trucking organizations can centralize the fuel management process, mitigate the impact of price volatility, drive OPEX predictability and optimize deployment of working capital. Read more
	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. Read more
	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. Read more
	Waste Management Local governments and private waste companies charged with removing trash and recyclables are facing increasingly tighter margins due to fuel cost 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. Read more
	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. Read more
	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. Read more

Request a Benchmark

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 713-222-5761.

Product Data Sheet/Case Study

	Download Product Data Sheet FuelQuest's Fuel Center provides an outsourced fuel management solution for clients who wish to counter high motor fuel prices and volatility. Read More
	Download Case Study FuelQuest Fuel Center Enables Smaller Independent Fuel Retail to Compete with Large Chains: Outsourced service leverages cutting edge technology and proven best practices to drive excess costs and inefficiencies from fuel management processes. Read More

	Download Case Study (70.48 Kb) United Supermarkets Outsources Fuel Management to FuelQuest Fuel Center®: Outsourced fuel management service enables transformation to improved fuel margins and unbranded strategy. Read More

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