Date: March 6, 2019
Time: 9:00am EST
Title: The K-Factor Compromise: How well do K-Factors predict individual deliveries?
Just because something has been around for a while doesn’t mean that it’s the best thing. There is little argument that the biggest single expense to operate a heating oil business is the cost of delivering fuel. There is also little argument that if you could make fewer deliveries, you would be more profitable. There has always been talk about moving towards more efficient deliveries. Updating K’s, reviewing accounts, and the like – all to see whether you can move average delivery sizes up 10, 15 or even 20 gallons – without the risk of seeing increases in the number of runouts.
This presentation will look into actual K’s, actual weather, actual consumption – and will explain why most of you are actually doing very well based upon the technology and methods that you currently employ. We will also look at whether the current methodology is going to serve you well in the future (Spoiler alert: It won’t)!