GEOCOMtms Optimizes Dynamic Sourcing for Petroleum Distributors

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GEOCOMtms has released a patent pending dynamic sourcing application for the petroleum distribution industry. A component of the company's A.MAZE Petroleum fleet managagement software, dynamic sourcing reduces transportation costs by optimizing the selection of tank reload points based on product availability and cost, customer proximity, and other constraints.

Vehicles used to transport petroleum often carry multiple products, such as different grades of fuel, within different compartments of a single tank

GEOCOMtms, a global provider of fleet management software for local pickup and delivery operations, announced today the addition of Dynamic Sourcing as a core component of the company's A.MAZE Petroleumâ„¢ suite of applications. This patent pending solution optimizes the selection of tank reload points based on product availability and cost, customer proximity, and other constraints. Dynamic Sourcing works in conjunction with GEOCOMtms' patent pending multi-compartment optimization to produce highly efficient route plans that satisfy the specialized requirements of petroleum distribution.

"Vehicles used to transport petroleum often carry multiple products, such as different grades of fuel, within different compartments of a single tank," said Michael Nark, president and chief executive officer of GEOCOMtms. "This presents a complex problem for dispatchers, who have to decide which vehicle carrying which products will be sent to which customers. Factoring in the additional consideration of when and where to reload tanks makes it exponentially more difficult to plan routes manually. With our patent pending capabilities, GEOCOMtms is the only fleet management software provider that can tackle this problem."

Petroleum distribution involves several unique operating characteristics that most fleet management applications cannot support:

  • Route plans must accommodate vehicles with multiple compartments
  • Product compatibility and loading restrictions must be factored into daily planning
  • Delivery vehicles are often reloaded several times during the day
  • Wholesale product costs and availability impact selection of reload points
  • Depot location and customer proximity also affect reload decisions

There are also variations in the requirements of different types of petroleum distributors. In the fuels industry, for instance, intraday price changes for wholesale product are an important consideration when selecting reload points. The dynamic sourcing and planning applications within A.MAZE Petroleum work in conjunction to dynamically reroute drivers to a different terminal when necessary. Reroute decisions are based on total delivery costs, which includes analysis of the cost to travel to and from a given facility, as well as wholesale prices.

The patent pending capabilities of A.MAZE Petroleum were specifically designed to address these challenges. As a result, GEOCOMtms consistently delivers route plans that are more effective than those generated by other fleet management software vendors.

About GEOCOMtms

GEOCOMtms provides integrated fleet management software for local and short-haul pickup and delivery operations. A.MAZE Fleet Managementâ„¢ includes tools for managing territory design, route planning, trucking dispatch, GPS fleet tracking, mobile field service, and fleet maintenance. Everyday, leading organizations choose the A.MAZE suite to direct thousands of vehicles from hundreds of depots and distribution centers. Busy logistics executives depend on A.MAZE because it delivers enterprise visibility and complete control over fleet operations. By partnering with GEOCOMtms, customers like Lorden Oil, Phoenix Fuel, and Lubricant Technologies have reduced operating costs while raising the level of customer service they provide.

For additional information, please visit: http://www.GEOCOMtms.com.

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