From the MLB’s pitch clock to optimized fuel delivery, data-driven strategies are making waves. See how analytics are reshaping baseball and improving efficiency in fuel operations. Discover how embracing data-driven strategies can enhance efficiency and performance in both sports and business.
An expansion of ideas presented in a recent article from Oil & Energy delves into the benefits of integrating tank monitoring with fuel delivery and operational efficiency. data-driven approach not only boosts efficiency but also prevents common operational issues. Discover how a data-driven approach can transform your operations and position you for success in a competitive landscape.
In today's fast-paced world, we're all juggling multiple responsibilities. We increasingly rely on technology. From smartphones that remind us of appointments to apps that guide us to our destinations, technology simplifies our lives. But have you considered how your business's Back-office System (BOS) plays a critical role in your operations?
Two similar heating oil companies faced rising costs with different strategies. One chose operational efficiency, while the other stuck with high prices. Explore the outcomes and uncover crucual lessons about adapting to change to stay competitive.
Unlock growth by turning seasonal challenges into opportunities with strategic data analysis. Discover how understanding and adjusting for seasonal delivery patterns can enhance efficiency, boost revenue, and streamline operations in the home heating and services industry.
Phil Baratz provides his insights from a 5-year collaboration with fuel distributors, showcasing significant improvements in operational efficiency and cost management through data-driven strategies.
In our industry, we often rely on averages: Average annual HDDs, gallons per delivery, time spent on service calls, etc. Sure, it's convenient but we should be asking if using averages makes things easier; “I would rather remember one number for the number of stops made per hour than look at every stop.” Interestingly, all those averages are derived from individual data points... Could focusing on the micro-level make us more efficient without overwhelming us with too many numbers?
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?
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...
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...
