Is it an option? Not in today’s competitive marketplace with skyrocketing prices of fuel. Fuel Management Systems, as much as equipments, form an integral part of any business operation, specifically Fleet and Rail operations where fuel is consumed in bulk. Small thefts, wastages or reduced fuel efficiencies can add up to a staggering total over a year.
Fuel management systems for fleet operators are tied to dispensing equipments, automatic vehicle recognition interface, tank gauging and wireless RFID tags in a two stage solution. Operators manage and secure fuel transfers, avoid mis-fuelling and repairs and capture odometer reading as a way to identify each vehicle’s fuel efficiency. The entire system operates in a wireless mode and delivers tangible improvements while reducing costs. When tied to back end accounting packages it enables fleet operators to reconcile data, increase productivity, comply with regulations and handle invoicing. It is an invaluable aid to maximizing efficiencies in cash flows and fuel stock levels. What large scale operators with cross country movements will like is that it monitors fuel movements from point of receipt to where it is dispensed, identified drivers as well as vehicles and allows easy integration into existing equipment. Re-order alarm levels can be preset and one can trace as well as audit transactions, accessing reports from any location in the world.
If fuel management systems are indispensable for rail operators, they are even more so for rail services. A typical rail fuel management system works in conjunction with a variety of sensors like fixed and mobile fuel controllers, wireless RFID tags, automatic vehicle recognition sensors and automatic tank gauging units. Monitoring, analysis, reconciliation, accounting and decision making are enabled from a centralized location. Rail operators can compare vehicle consumptions, interface with existing financial accounting packages, set re-order notifications, audit, trace and generate reports from anywhere in the world. The result is faster turnaround of locomotives, up to the minute accounting, better invoicing and management of fuel and cash flow.
Whether it is rail or fleet operations, fuel management systems are simply indispensable. The investment is recouped within a short time through savings in fuel, better cash and fuel flow management, reduced manpower needs and improved efficiencies. Rail and fleet operators take the time and make the effort to analyse and review all features of the fuel management software before choosing a globally reputed and experienced supplier who offers scalable, modular, affordable solutions with full service and support.