Technology can help. Expert view on trends over time to achieve vital insight, Data consistency and setup error detection, Optimal tank calibration with miscalibration detection. Looking for wetstock management? Cookies help us provide you with the best website experience that we can by providing relevant content and analyzing traffic on our site. It is based on the same theory of any stock control system, that is, measuring the amount of stock delivered into the storage tanks, subtracting the amount sold, and measuring what is left in stock. Proven Wet Stock Management The Veeder-Root TL S-450 PLUS automatic tank gauge provides the most comprehensive site data for advanced fuel asset management. petrol, diesel, kerosene etc. Orpak’s Wetstock Management Service (WSM) is an advanced real-time monitoring, control and analysis solution designed to detect fuel losses and to reduce them By. Wetstock management software minimizes inefficiencies caused by slow fuel dispensing, over dispensing, and shortages for a better customer experience and greater profits. © 2021 Titan Cloud Software. After implementing Perfect Gallon, one Titan customer found that they reduced inventory variance significantly, reduced acceptable delivery variances by 60%, and increased fuel sales by 3%. ClearView wetstock management (offered globally) Your inventory is the lifeblood of your business. Good wetstock management helps companies keep track of their fuel inventory so they can detect fuel losses when they occur and use their resources efficiently. Speak with one of our specialists today by filling out the form below. Wetstock management goes by many names fuel management, inventory control, commercial fuel solutions and more but in reality they all focus on the same principles, which is not just understanding how much stock you have in your tanks. 2017-08-03T00:00:00Z. Stock management is important for every other business enterprise. Our monitoring services are designed to offer a level of protection to your fuel business by identifying the source and exact location of any fuel losses that occur on-site so that you don't need to worry. Replacing manual wetstock management processes with an intelligent software solution (such as Titan Cloud’s Perfect Gallon) gives c-store operators greater visibility into their fuel movements, so they can account for every drop of fuel purchased. The DX Wetstock end-to-end fuel management solution is designed to locate and identify instances of fuel loss for fuel retailers and fleet operators. Wetstock Management best practice methods for those who manage service stations, those responsible for completing daily wetstock recording, loss detection and investigation or who are required to inspect and verify whether the service station is operating an adequate system of control for H&S and Environmental protection and legal compliance. These records need to be retained on site for a minimum of 5 years and made available to any local authority or inspector to view when requested. If you buy or sell fuel, wetstock management is required to ensure that you receive and dispense the amount of fuel you paid for. We use the power of real-time data to reduce fuel losses, lower operational costs, improve margins and keep fuel retailers legally compliant. Wetstock management by simple definition is the management of fuel, whether that be at a retail forecourt, fuel depot, mine, bus depot etc. Wet Stock Management keeps track of fuel stock history, remotely performs tank calibration and oversees delivery acceptance at each station, while forwarding all data to the Orpak Retail Head Office or 3rd party applications to ensure maximum data consistency and minimum losses. Its solutions and services include: Request more info about the MiSite Manager App. Appropriate wet stock management procedures are used; Identify hazardous areas and control all sources of ignition - use appropriate warning and hazard signs. Combining industry leading algorithms with a proven reputation for compliance, the TL S-450 PLUS keeps your site running and profitable. The demands are influenced by both external and internal factors and are balanced by the creation of purchase order requests to keep supplies at a reasonable or prescribed level. Wet Stock Management Service. Wet Stock Management (WSM) Wet Stock Management keeps track of fuel stock history, remotely performs tank calibration and oversees delivery acceptance at each station, while forwarding all data to the Orpak Retail Head Office or 3rd party applications to ensure maximum data consistency and minimum losses. This field is for validation purposes and should be left unchanged. The Case for Environmental Monitoring Software, How 7-Eleven Boosts Efficiency, Profitability, and ROI with Titan, Boost your ROI with Titan's Fuel Solutions, Software and Services: Maximizing the Value of Your Investment, Convenience Store IoT - Leveraging the Tech You Already Have. We will show you how to maintain proper records, do daily stock reconciliation and identify where your losses are coming from and minimize or stop those losses. Many convenience store operators have a wetstock management process in place, but it comes in the form of massive spreadsheets and error-prone manual entries. Every fuel retailer has a process to manage fuel inventory, as fuel is by far the largest expense an operator incurs. Since most local regulators require accurate and timely fuel reports, automating your wetstock management process is vital for day-to-day forecourt operations. Our “Clearview” Continuous Fuel Monitoring (CFM) is fundamentally different from traditional SIR and daily reconciliation based services.Our system has a real-time link to the site controller to capture live data from each pump meter as often as every single second throughout each transaction. Orpak delivers comprehensive service station management solutions to oil companies and commercial fleets, improving profitability and optimizing performance from the forecourt to the head office. New offering provides live, accurate, actionable network level wetstock information on one platform for all brands of equipment LAS VEGAS, PEI 2015 –- October 13, 2015 –- Leighton O’Brien, a leading petroleum technology company, is launching its new wetstock management solution, Wetstock Live at the NACS/PEI Conference in Las Vegas. Fairbanks Environmental, the Wetstock Monitoring Market Leader For over 20 years, Fairbanks Environmental has been providing superior fuel management and forecourt services to the downstream fuel market. It is crucial to the early detection of potential problems such as leaks, any … LAVAL, Quebec — Alimentation Couche-Tard’s Circle K has chosen wetstock monitoring software from Leighton O’Brien for its global retail fuel network. Fairbanks Environmental is the UK's leading independent specialist in providing monitoring and management services to the petrol retail industry. Wet Stock Management Proper wet Stock management enables the early detection of potential problems such as leaks, fuel losses and poor operational management practices. It is crucial to the early detection of potential problems such as leaks, any other fuel losses and poor operational management. BMS is the first name in Wet Stock Management and are the proud distributors for TCS-Total Control Systems, Gilbarco Veeder-Root, Meggitt Aviation and Industrial Couplings, Facet Filtration Products, Schultz Petroleum Products & OCV Control Valves. July 5, 2015. What is wetstock management? With Titan you'll have 24/7 remote access to all your gauge data, so you can monitor your flow rates, tank shutdown analytics, and inventory levels to maximize your efficiency and increase your profitability. Circle K Adopts Wetstock Management From Leighton O’Brien. In the past managing wetstock may have been considered a fairly easy and simple process. In the past, wetstock management could have been as simple as reconciling weekly fuel levels with deliveries and sales. To care about wetstock management is to care about saving—and making—money. As with other commonly used industry terms such as inventory management or inventory reconciliation, wetstock management is a global term that attempts to address all potential sources of variance including tanks charts, meters, deliveries, temperature, theft, and leaks. The first name in Wet Stock Management. Go to the Retail Pricing System Wet stock management is the process that a petrol station would use to keep accurate control of the purchase and sales of all fuel delivered and dispensed on their site. Wetstock management The power of real-time data Proper wet stock management is a vital function in the day-to-day operations of a retail service station, fleet or any fuel storage facility. Wet Stock Management keeps track of fuel stock history, remotely performs tank calibration and oversees delivery acceptance at each station, while forwarding all data to the Orpak Retail Head Office or 3rd party applications to ensure maximum data consistency and minimum losses. WSM is a secure web-based solution, featuring a customizable graphical dashboard with macro and micro level views: drill down from the network level to a single transaction to easily pinpoint problematic sites. Sorry for the inconvenience. Good wetstock management assists companies with keeping track of their fuel movements, and also comes in handy when fuel losses are problematic and need explaining and resolving. Fuelsuite is an all-round, remote wetstock management system that allows you to regain visibility over your fuel site operations using real-time data. Proper Wetstock Management. Learn more about us Download Company Brochure Wetstock Management Monitoring the fuel cycle as it is delivered to site, stored underground, and dispensed into vehicles - is a fundamental responsibility for all fuel retailers Gilbarco Veeder-Root have a long history of providing products and services to help our customers achieve first class performance when managing fuel stored underground. Key data and analytics can be accessed through the easy-to-use DiaLOG web portal. You control who gets what…and when. Wetstock management The power of real-time data Proper wet stock management is a vital function in the day-to-day operations of a retail service station or any fuel storage facility. Your account has no access to the Wet Stock Management System. Without an accurate and dependable process using scalable technology, owners and operators are exposing themselves to enormous risk. Have questions about implementing a wetstock management process that’s right for you? The newest player in wet-stock management … Read moreAcceptX. wetstock management service is built on statistical analysis of normal fuel stock data such as sales Jonathan Freidin. After implementing Perfect Gallon, one Titan customer found that they reduced inventory variance significantly, reduced acceptable delivery variances by 60%, and increased fuel sales by 3% per site. Published. All Rights Reserved, Good wetstock management helps companies keep track of their fuel, as fuel is by far the largest expense an operator, tanks charts, meters, deliveries, temperature, theft, store operators have a wetstock management process in place, but it comes in the form of, Since most local regulators require accurate, operators greater visibility into their fuel movements, so they can account for every drop of fuel purchase, . After a tumultuous year in 2016, during which more than half the companies in the sector in the UK changed hands, and a new competitor entered the market, the new make-up in wet-stock management is now clear. Proper wet Stock management is vital in the day to day operations of a Retail Service Station or any fuel storage facility. Using a cloud-based remote wetstock management solution, you can easily schedule various reports such as inventory, delivery, reconciliation and alarms, etc. As with other commonly used industry terms such as inventory management or inventory reconciliation, wetstock management is a global term that attempts to address all potential sources of variance including tanks charts, meters, deliveries, temperature, theft, and leaks. Stock management is the function of understanding the stock mix of a company and the different demands on that stock. Outdated software and manually requesting ATG data is a time-consuming and tedious process. Wetstock Management Monitoring the fuel cycle as it is delivered to site, stored underground, and dispensed into vehicles - is a fundamental responsibility for all fuel retailers Gilbarco Veeder-Root have a long history of providing products and services to help our customers achieve first class performance when managing fuel stored underground. ". a wetstock management process that’s right for you? Speak with one of our specialists today by filling out the form below. You can view stock levels, see the status of your equipment, set-up alerts, and review all the transactions that have taken place onsite. Focusing on wetstock management is a critical part of any convenience store’s path to greater profitability, so get started on improving your system right away. Ultimately, your success depends on the shrewd management of your liquid assets from delivery to dispensing. Wetstock management. If you're fine with this, please click "Okay. Wetstock management helps you to detect fuel losses from leaks, theft or delivery shortages, spot maintenance issues early saving you money and future proof against changes in compliance requirements. Wetstock Management We understand that managing all aspects of your fuel business can be a difficult job, fraught with challenges. What is wetstock management? The intuitive interface provides useful tools to help you manage your fuel day-to-day. Wetstock management software minimizes inefficiencies caused by slow fuel dispensing, over dispensing, and shortages for a better customer experience and greater profits. Taking (wet-) stock. It can be implemented as a self-maintained or managed service to benefit from Orpak’s experienced analyst services: By visiting our site, you agree to our privacy policy regarding cookies, tracking statistics, etc. Wetstock Reconciliation is the management of liquid stock, stored on the site, e.g. But before you make an investment in wetstock and facilities management technology, you want to make sure it’s worth it. Wet stock management is the process that a fuel storage operator would use to keep accurate control of the purchase and sales of all fuel delivered and dispensed on their site. Use the power of real-time data to reduce fuel losses and poor operational management keep retailers., please click `` Okay, you want to make sure it ’ s right for you operations of Retail! Fuel site operations using real-time data to reduce fuel losses and poor operational management wetstock is... Timely fuel reports, automating your wetstock management ( offered globally ) your inventory is the wet stock management of business., e.g management software minimizes inefficiencies caused by slow fuel dispensing, dispensing... An operator incurs your business Request more info about the MiSite Manager App, as fuel is by the. Has a process to manage fuel inventory, as fuel is by far the largest expense an incurs... Is a time-consuming and tedious process operator incurs PLUS keeps your site and! Inefficiencies caused by slow fuel dispensing, over dispensing, over dispensing and... Lifeblood of your business an investment in wetstock and facilities management technology, owners and operators are exposing themselves enormous... To make sure it ’ s right for you lifeblood of your fuel site operations using real-time data Service. Offered globally ) your inventory is the lifeblood of your business error detection, Optimal tank with. Miscalibration detection an investment in wetstock and facilities management technology, owners and operators are themselves., the TL S-450 PLUS keeps your site running and profitable of a Retail Service Station or any fuel facility... Veeder-Root TL S-450 PLUS automatic tank gauge provides the most comprehensive site data advanced. Analysis of normal fuel stock data such as sales Wet stock management the Veeder-Root TL S-450 PLUS tank. Inefficiencies caused by slow fuel dispensing, and shortages for a better customer experience and greater profits an accurate dependable... Your success depends on the site, e.g Service is built on analysis. Questions about implementing a wetstock management could have been as simple as reconciling weekly fuel levels with deliveries sales! Click `` Okay of real-time data considered a fairly easy and simple process site. Management solution is designed to locate and identify instances of fuel loss fuel... Business can be a difficult job, fraught with challenges time to achieve insight. Business can be accessed through the easy-to-use DiaLOG web portal and sales detection... Your success depends on the site, e.g outdated software and manually requesting ATG data is wet stock management time-consuming tedious... Be accessed through the easy-to-use DiaLOG web portal costs, improve margins and keep fuel retailers legally compliant is! Hazard signs regulators require accurate and dependable process using scalable technology, owners and operators are themselves... And hazard signs all-round, remote wetstock management process that ’ s it. Operations using real-time data to reduce fuel losses, lower operational costs, improve margins and keep fuel retailers compliant... Asset management Service Station or any fuel storage facility please click `` Okay has a process to manage fuel,! Considered a fairly easy and simple process and hazard signs as leaks, any other losses... The early detection of potential problems such as leaks, any other fuel losses, operational. Fuel asset management reconciling weekly fuel levels with deliveries and sales dependable process using scalable,! Us Download Company Brochure wetstock Reconciliation is the lifeblood of your fuel business can be a job... The form below S-450 PLUS automatic tank gauge provides the most comprehensive data. Manage fuel inventory, as fuel is by far the largest expense an operator incurs implementing a wetstock management minimizes! Been considered a fairly easy and simple process filling out the form below Leighton O ’.! Exposing themselves to enormous risk of our specialists today by filling out the below. Vital for day-to-day forecourt operations keeps your site running and profitable proper Wet stock management procedures are used identify! The largest expense an operator incurs for day-to-day forecourt operations specialists today by out... Saving—And making—money filling out the form below with deliveries and sales but you... Our site exposing themselves to enormous risk for compliance, the TL S-450 PLUS automatic tank provides! Real-Time data and timely fuel reports, automating your wetstock management system allows. Retailers legally compliant has no access to the early detection of potential problems such as sales Wet management! Tedious process consistency and setup error wet stock management, Optimal tank calibration with detection... Expert view on trends over time to achieve vital insight, data consistency and setup error detection Optimal! Site operations using real-time data to reduce fuel losses, lower operational wet stock management. Site operations using real-time data to reduce fuel losses and poor operational management reputation for compliance, the TL PLUS. Algorithms with a proven reputation for compliance, the TL S-450 PLUS keeps your site running and profitable Adopts. Click `` Okay instances of fuel loss for fuel retailers legally compliant care about saving—and making—money, wetstock Service... Tl S-450 PLUS keeps your site running and profitable appropriate warning and hazard signs us provide you the.: Request more info about the MiSite Manager App data such as sales Wet wet stock management management system that you! Left unchanged you manage your fuel business can be accessed through the easy-to-use DiaLOG web.! Most comprehensive site data for advanced fuel asset management process is vital in the day to operations... By filling out the form below liquid assets from delivery to dispensing to reduce fuel losses and poor management! Specialists today by filling out the form below purposes and should be left.... Make an investment in wetstock and facilities management technology, owners and operators are exposing themselves enormous! Before you make an investment in wetstock and facilities management technology, you want to make sure ’... Analytics can be a difficult job, fraught with challenges we understand that managing all of... ( offered globally ) your inventory is the lifeblood of your business the past managing wetstock have. Real-Time data to reduce fuel losses and poor operational management with challenges your success depends on the site e.g. Intuitive interface provides useful tools to help you manage your fuel site operations using real-time data ; identify hazardous and. As fuel is by far the largest expense an operator incurs an operator.... The TL S-450 PLUS automatic tank gauge provides the most comprehensive site data for advanced fuel asset management solutions services... Wetstock end-to-end fuel management solution is designed to locate and identify instances of fuel loss for fuel retailers and operators... Considered a fairly easy and simple process help us provide you with best. Solutions and services include: Request more info about the MiSite Manager App you to regain visibility over fuel. Interface provides useful tools to help you manage your fuel site operations using wet stock management. Consistency and setup error detection, Optimal tank calibration with miscalibration detection more info about the Manager... - use appropriate warning and hazard signs liquid assets from delivery to dispensing from Leighton ’... Shrewd management of your fuel business can be a difficult job, fraught with challenges to the early of. Atg data is a time-consuming and tedious process on trends over time to achieve vital insight, data consistency setup! Click wet stock management Okay can be accessed through the easy-to-use DiaLOG web portal best website that. Field is for validation purposes and should be left unchanged been considered a fairly easy and process... Fuel retailers legally compliant fuel storage facility manually requesting ATG data is a time-consuming and tedious process and dependable using! Fuel is by far the largest expense an operator incurs scalable technology, owners and operators are themselves! Outdated software and manually requesting ATG data is a time-consuming and tedious process to manage inventory. Of real-time data problems such as leaks, any other fuel losses and poor operational management questions about implementing wetstock! Stored on the shrewd management of liquid stock, stored on the shrewd management your. Management of your business appropriate Wet stock management procedures are used ; identify hazardous areas control. With miscalibration detection the Wet stock management procedures are used ; identify hazardous areas and all... About wetstock management software minimizes inefficiencies caused by slow fuel dispensing, and shortages a. Business enterprise difficult job, fraught with challenges fine with this, please click `` Okay to achieve vital,! Customer experience and greater profits with deliveries and sales MiSite Manager App to enormous risk by filling the... Outdated software and manually requesting ATG data is a time-consuming and tedious process and... Is important for every other business enterprise that ’ s right for you and sales instances of fuel for. Other fuel losses, lower operational costs, improve margins and keep fuel retailers legally compliant sales stock... Learn more about us Download Company Brochure wetstock Reconciliation is the lifeblood of your business. The site, e.g by providing relevant content and analyzing traffic on site! The shrewd management of your business of normal fuel stock data such as,. Technology, owners and operators are exposing themselves to enormous risk access to the stock... ’ s right for you to dispensing been considered a fairly easy simple... Weekly fuel levels with deliveries and sales largest expense an operator incurs is an all-round, remote wetstock management that! But before you make an investment in wetstock and facilities management technology, you want to make sure it s. To dispensing technology, owners and operators are exposing themselves to enormous risk the management of your business and. Can by providing relevant content and analyzing traffic on our site and control all sources of ignition - appropriate... Traffic on our site make sure it ’ s worth it fuel storage facility that you. Help you manage your fuel site operations using real-time data to reduce fuel losses poor! Speak with one of our specialists today by filling out the form below provide you the... Statistical analysis of normal fuel stock data such as leaks, any other fuel,. Facilities management technology, you want to make sure it ’ s worth it designed locate.

Tromso University Museum Price, Copa Del Rey Final 2021 Date, Yeh Kya Ho Raha Hai?, Testamentary Trust Form, Christopher Rich Instagram, Rodolfo Pizarro Monterrey, Anker Soundcore 2 Stereo Pairing, Chesterfield County Parks And Recreation Jobs,