Is Basis a Big Deal?

There are ways to hedge Basis risk and they can include working with a supplier or working with a “paper hedge.” It is not something to panic about, but ignoring DIFFs is at your own peril.

Stop Thinking Macro; Start Thinking Micro

Stop thinking Macro – Start thinking Micro

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?

Retain Don't Replace

The Power of Pricing Programs

The days of continually raising prices to maintain profits are long gone; survival in today's cutthroat market demands streamlined operations and competitive pricing models. Keeping customers can be as simple as offering the RIGHT pricing program...

Why Business Intelligence is Your Key to Operational Success

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...

Converting Metrics Into Money

Maximizing Profits – A Data Driven Approach

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...