Fueling Strategies Explained
Nov 6th, 2024 by loren
First, let me explain the company’s current fuel discount program, and why following a “fueling strategy” will help you manage your rolling inventory (your tank levels) and save you the most money per fill up.
Most companies have a fuel discount program which can be a retail less discount or like yours is a “wholesale cost plus or minus” discount.
What is the best fuel discount?
From a management/buyer’s standpoint what you want is the ability to make the “absolute best buying decision proactively” and to do this to do this there are several factors that separate the random buyer from the informed buyer.
The wholesale cost based discount is the best net cost discount on today’s market. Why? The wholesale markets nationwide are predictable in terms of UP/DOWN movements 365 days.
Knowing when prices will rise, or fall puts you in a great position to buy fuel with great confidence knowing you WILL save money on every purchase. The basis of the Fueling Strategy delivers this information to you daily.
The Historic Results: Potential Savings of $.035 CPG to upwards of $.12 CPG if followed daily.
Strategy: “Fuel as Needed Today/Tonight”
Means: No Change in Wholesale Prices Tomorrow
Strategy: “Keep Your Tanks Topped Today/Tonight”
Means: Wholesale Prices Will Go UP Tomorrow
Strategy: “Partial Fill or Better Yet Don’t Fuel Today/Tonight”
Means: Wholesale Prices Will Go DOWN Tomorrow
If you have any questions, please feel free to call Loren R Bailey at 479-790-5581
Have a Great Day!
Loren R Bailey, President
Office: 479-846-2761
Cell: 479-790-5581
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