Fuel Monitoring & Risk Control
Collect, manage and analyze gas station operations
Owners and operators of gas stations face a fundamental challenge when it comes to oversight and control of their operations. One basic task is to gain remote, real-time visibility into inventory levels and composition of storage tanks in different locations. Because of inadequate inventory measures, deliveries are typically schedule-based rather than usage-based, resulting in excess supplies or shortages. Lack of insight can also lead to fraud. Traditional improvement options, meanwhile, are flawed. Operators typically have limited access to historical data on usage trends and patterns, even for basic indicators such as average daily, weekly and monthly sales. Absent these analytics, individual operations are sub-optimal, while on a macro level executives struggle to compare geographies, improve supply/demand management and consolidate reporting.
Our Fuel Monitoring and Risk Control solution leverages Industrial Internet of Things (IIoT) capabilities to deliver real-time visibility to operators of fuel facilities. Gas stations are equipped with an easy-to-install console that provides online access to inventory data and insight into fuel arbitrage, including timing, location, distribution, product availability and quality. Consolidated and historical reporting, advanced analytics, dashboards and user-defined KPIs support a wide range of improvements.