OPW Latin America and FuelQuest Announce Global Partnership, Create End-to-End Fuel Network Management Solution
Two industry leaders combine forces to help retailers and fleets drive down fuel operating costs.
- (1888PressRelease) November 18, 2011 - OPW Latin América, a business unit of OPW, and FuelQuest Inc., announce a global partnership agreement to offer an end-to-end, centralized fuel network management solution. Fuel operators can now enjoy the benefits of proactive tank monitoring integrated with fuel management automation software and services to reduce fuel costs, lower working capital requirements, identify incidences of theft, and improve environmental compliance.
"Fuel operators face unique challenges in terms of procuring, monitoring, and managing fuel," says Fernando Whitaker, managing director of OPW Latin América. "By combining forces, OPW and FuelQuest offer the only solution available in the market today that tackles these core fuel challenges by providing petroleum retailers and fleet operators with the greatest opportunity to reduce fuel costs and remain business compliant."
Under terms of the agreement, FuelQuest will leverage OPW's innovative SiteSentinel® iSite™ and iTouch™ tank gauges, 924B magnetostrictive probe and IntelliSense™ smart sensor technologies to provide accurate, real-time tank inventory levels and sump monitoring to its advanced ForeSite™ SV (Supervisor View) and ForeSite™ IC (Inventory Control) real-time, inventory management solutions.
"We are excited to continue our global partnership with OPW and their leading tank monitoring technology," adds Casey Zandbergen, vice president of strategic initiatives at FuelQuest. "Integrating OPW products with FuelQuest's ForeSite inventory management solutions will benefit the many OPW retail petroleum customers, making it easy to monitor environmental compliance, identify fuel inventory levels, and enhance security, - all of which benefit their bottom line.
OPW's SiteSentinel® iSite™ is an intuitive, icon-based tank gauge system featuring information at point-of-use through a unique 38,1 cm (15") touch-screen console, multi-drop probe and sensor capability, wireless, internet, and SQL-based connectivity that allows users to conveniently access and view real-time information about their sites online from anywhere at anytime.
FuelQuest ForeSite SV provides real-time, independent visibility into fuel management operations allowing companies to monitor and ensure the accuracy and effectiveness of their replenishment plans. ForeSite SV allows retailers and distributors to identify and address proactively unplanned events that disrupt operations such as usage swings, inclement weather, and traffic changes avoiding run-outs and retains. FuelQuest ForeSite IC enables retailers to identify and resolve issues with theft, fraud, leakage, delivery, dispensing equipment, and operational error. ForeSite IC tracks, logs, calculates, and alerts automatically on inventory variances, discovering when inventory on hand does not reflect sales and deliveries.
For more on OPW Latin América, please call 55 11 4894-7735 or visit www.opwbrasil.com.br.
For more on FuelQuest, please call +1 (713) 222-5761 or visit www.fuelquest.com.
FuelQuest provides on-demand fuel management, tax automation, and compliance solutions for suppliers, distributors, buyers, and traders of petroleum products and other energy commodities. FuelQuest's solutions deliver operational and financial value to over 750 customers. These customers include leading global oil companies, international retailers, shippers and government entities. FuelQuest's fuel management solutions help customers manage the complexity, regulation and market volatility for more than 68 billion liters of gasoline and diesel fuel annually. Its Zytax solutions ensure compliance and accuracy for tens of billions of energy-related excise taxes per year. Learn more at www.fuelquest.com.
About OPW Latin América:
OPW Latin América is part of OPW Fueling Components, the global leader in dispensing products, environmental systems, secondarily contained fuel delivery systems, fuel management systems and clean energy fueling products, including dispensing nozzles for vapor recovery, gasoline, diesel, LPG, Hydrogen and CNG; swivels, breakaways, valves and fittings; underground and above ground storage tank equipment, spill containers, overfill prevention devices, secondary containment sumps and flexible piping; tank gauging equipment and automated fuel management systems. OPW is part of Dover Corporation (NYSE: DOV). Learn more at www.opwglobal.com.