Guttman Oil Selects FuelQuest's Fuel Management System

Retailer also installing Transportation Optimization Module

Published in CSP Daily News

BELLE VERNON, Pa. -- Guttman Oil Co. and Source One Transportation, A Guttman Group Co., will use FuelQuest Inc.'s Fuel Management System (FMS) to manage fuel processes for its bulk distribution of petroleum products.

Along with the implementation of FMS, Guttman is also installing FuelQuest's new Transportation Optimization Module, which offers truck scheduling and route optimization capabilities that will assist Guttman in managing its complex fleet operations.

"We needed a software solution that allowed us to leverage our capabilities [image-nocss] in inventory management and risk management programs, and take advantage of our expansive network of supply options," said Richard Guttman, president of Guttman Oil and Source One. "Providing more options for our customers increases the complexity of our delivery systems. FuelQuest's FMS with expanded transportation optimization capabilities will help us to manage those complexities to decrease costs and to deliver better service to our customers."

With FMS and the new Transportation Optimization Module in place, Guttman Oil will optimize inventory levels and assets, optimize fleet scheduling capabilities and increase fuel management transparency.

"We are fortunate to partner with a thought leader like Guttman as we roll out our new transportation functionality," said Jim Kiser, senior vice president for Houston-based FuelQuest. "FMS, along with the Transportation Optimization Module, will provide a strong scalable solution that will help reduce operational costs and increase automation and operational accuracy.

A member of the Guttman Group of Cos., Guttman Oil is a liquid fuels marketer and solutions provider serving the commercial, wholesale and retail markets since 1931. Its fuels and related solutions help companies to minimize the impact of day-to-day fuel price volatility, simplify and streamline inventory management activities and maintain fuel quality and operability. Other Guttman Group companies include Bulk Terminal Storage (liquid fuels storage facilities, terminals and other related properties) and SourceOne Transportation (liquid fuels transportation services).

FuelQuest provides on-demand, web-based supply chain management and tax automation technologies for suppliers, distributors, buyers, and traders of petroleum products and other energy commodities. Its solutions deliver operational and financial value to more than 750 customers. These customers include leading global oil companies, international retailers, shippers and government entities.