Veeder-Root Partners with CSP for Webinar on Fuel Planning and Purchasing to Optimize Fuel Margins

Speakers to highlight fuel trends related to purchase volume and price volatility

Jul 07, 2015, 09:30 ET from Veeder-Root

SIMSBURY, Conn., July 7, 2015 /PRNewswire/ -- Veeder-Root, a leading provider of fueling logistics applications, today announced a partnership with CSP Magazine, a foremost convenience and petroleum retailing publication, to host a webinar that will explore new strategies on how retailers can grow margins and volumes.

The webinar, titled "Turning Increased Fuel Demand into Increased Fuel Profit," will feature presenters Ryan Mossman, Senior Director, Managed Services at Veeder-Root; Todd Holt, Senior Product Manager at Veeder-Root; Ray Swearingen, Fuel Services Manager at Veeder-Root and Ben Sunderlin, General Manager from truenorth, LLC. The webinar is open to all fuel retailers, distributors and convenience store operators.

With lower consumer prices and a volatile fuel market it can be difficult to protect fuel margins and can add pressure on inventory and replenishment planning. This webinar will help attendees establish a plan to protect fuel margins and manage their inventory supplies, ordering and forecourt strategy.

"Even the best fuel plans can be disrupted by subsequent changes in supply and demand and we're helping organizations utilize predictive analytics and ensure deliveries are on track," said Mossman. "During the webinar, we'll discuss fuel pricing shifts and consumer behavior trends and outline ways to help attendees boost fuel profits."

This free webinar is taking place on July 30, 2015 at 2 p.m. EDT and attendees can register here.  Attendees will have the opportunity to pose questions relevant to their specific business challenges and learn more about:

  • How to maximize lower fuel prices to drive greater volumes from the end of summer through the end of the year.
  • How to manage fuel inventories to protect against run-outs and protect margins.
  • How to dovetail forecourt and backcourt strategies to drive more motorists into the store.

"This webinar is designed to provide an opportunity for fuel retailers and c-store operators to learn about both the state of fuel trends currently and to gain an understanding of what's to come and how they can prepare as we head into fall," said Mossman.

Veeder-Root offers Insite360 Inventory Forecasting which helps fuel retailers gain visibility into inventory management plans, conduct real-time monitoring of replenishment plan execution, reduce run outs and retains and improve inventory planning and operations. Retailers can learn more and try Inventory Forecasting for a free 60 days here.

Insite360 FuelQuest, provides industry leading software and services to suppliers, distributors, retailers, carriers and fleets who utilize transportation fuels throughout the world. Insite360 FuelQuest improves profitability and abates risk for its customers by delivering solutions to manage and optimize fuel procurement, logistics, reconciliation and regulatory processes. These solutions deliver operational and financial value for companies responsible for more than 22 billion gallons of gasoline and diesel annually. Insite360 FuelQuest is a proud winner of the 2014 Petroleum Marketers Association of America's (PMAA) Best in the US award for Fuel Management Program.

Veeder-Root is a leading global supplier of automatic tank gauging, fuel management systems, and stage II vapor recovery solutions including the Red Jacket® brand of submersible pumps and pressurized line leak detectors. Veeder-Root and Red Jacket are market-leading brands with a tradition of excellence in the petroleum industry.

For additional information please contact:
Sean Evans
Marketing Communications
Insite360 FuelQuest
Veeder-Root Company


SOURCE Veeder-Root