Case Studies Tank Monitoring Solution Delivers Big Savings for Bulk Fuels Distributor

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	Tank Monitoring Solution Delivers Big Savings for Bulk Fuels Distributor

Tank Monitoring Solution Delivers Big Savings for Bulk Fuels Distributor

Technology Category	Platform as a Service (PaaS) - Data Management Platforms
Applicable Industries	Oil & Gas
Applicable Functions	Business Operation
Use Cases	Process Control & Optimization
Challenge	Fuel delivery has always had some built-in inefficiency. Like most fuel and lubricant distributors, Retif Oil & Fuel followed a keep full model when restocking fuel tanks and was spending too much money topping off customer fuel tanks and making emergency deliveries. Without an accurate view of customer fuel stocks it was impossible to determine who needed fuel or how much they actually needed. Read More
About Customer	Retif Oil & Fuel Read More
Customer Name	Retif Oil & Fuel Read More
Solution	After deploying the iTank solution, which runs on a secure, scalable, and robust IoT Platform, Retif personnel and customers can now view tank levels and alerts in the iTank Management Portal. “The application is color-coded, so they simply look at the customers approaching the 25% full mark. This makes deliveries easy because they can pull up all of the deliveries in a designated area and just service those customers that meet a certain threshold in a geographic region, saving time, money and increasing efficiencies.” The deployment expanded across more tanks in Retif’s seven state coverage region. To date, Retif has deployed thousands of tank monitors, many of which were installed by Retif personnel. Read More Log in to view content
Contents

Technology Category

Platform as a Service (PaaS) - Data Management Platforms

Applicable Industries

Oil & Gas

Applicable Functions

Business Operation

Use Cases

Process Control & Optimization

Challenge

Fuel delivery has always had some built-in inefficiency. Like most fuel and lubricant distributors, Retif Oil & Fuel followed a keep full model when restocking fuel tanks and was spending too much money topping off customer fuel tanks and making emergency deliveries. Without an accurate view of customer fuel stocks it was impossible to determine who needed fuel or how much they actually needed.

About Customer

Retif Oil & Fuel

Customer Name

Retif Oil & Fuel

Solution

After deploying the iTank solution, which runs on a secure, scalable, and robust IoT Platform, Retif personnel and customers can now view tank levels and alerts in the iTank Management Portal.

“The application is color-coded, so they simply look at the customers approaching the 25% full mark. This makes deliveries easy because they can pull up all of the deliveries in a designated area and just service those customers that meet a certain threshold in a geographic region, saving time, money and increasing efficiencies.”

The deployment expanded across more tanks in Retif’s seven state coverage region. To date, Retif has deployed thousands of tank monitors, many of which were installed by Retif personnel.

Benefit #1	Retif has reduced the number of unnecessary deliveries by 48%, resulting in a net total in return-on-investment of over $10,000 per month in delivery expenses alone.

Benefit #1

Retif has reduced the number of unnecessary deliveries by 48%, resulting in a net total in return-on-investment of over $10,000 per month in delivery expenses alone.

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Overview

Tank Monitoring Solution Delivers Big Savings for Bulk Fuels Distributor

Quantitative Benefit