March 17, 2024
Did you know that the Federal Reserve (Fed) does not use the Consumer Price Index (CPI) to track inflation? The Fed prefers to track a much less familiar index known as Personal Consumption Expenditures (PCE).
PCE measures the change in consumer spending on the actual goods and services that households are currently purchasing. PCE considers substitutions made by households and is more flexible.
March 11, 2024
With consumption falling, governmental intervention increasing, and competition becoming wiser and nimbler, it appears the only true lever for a fuel distributor to keep their margins is by increasing prices. However, higher prices don’t help with the silent killer of profits in a world where others are managing those risks. How high will you be able to take prices to offset inefficiencies that are only getting worse? How long will it be till your customers wonder why the competition is cheaper?
February 26, 2024
Imagine what you could achieve if you could easily combine all the information that is available about your operations and your customers. Business Intelligence (BI) is the solution that makes this a reality. It collects and analyzes data from various sources, transforming it into valuable insights that can drive your business forward. There are numerous reasons why businesses invest in Business Intelligence. Let's explore five of them...
February 13, 2024
While tank monitors aren’t new, they are indispensable tools that can revolutionize the way businesses operate. Tank monitors don’t just monitor tanks, they empower fuel delivery businesses to become more efficient, so they are able to do more with less. Explore five key benefits of incorporating tank monitors into your system.
February 5, 2024
As operating costs continue to rise, efficiency becomes paramount to maintaining profits. Many fuel marketers are turning to their data to identify metrics and devise plans for improvement. Here are some simple points to consider...