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Fuel Management Strategies for a Volatile Market

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Fuel Management Strategies for a Volatile Market . Hope Haulers. A strategic alliance of businesses, ministries, churches and individuals delivering HOPE…in message as well as substance. Fuel Management: An Ongoing Process. Evaluation Negotiation Implementation Administration Optimization

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Presentation Transcript
slide2

Hope Haulers

  • A strategic alliance of businesses, ministries, churches and individuals delivering HOPE…in message as well as substance.
fuel management an ongoing process

Fuel Management: An Ongoing Process

Evaluation

Negotiation

Implementation

Administration

Optimization

Reconciliation

slide4

Evaluation

  • Company Needs
    • Fuel, PM, repair, truck wash, relay, etc.
  • Driver Needs
    • Shower, food, parking, laundry, recreation, “quality of life”
  • Coverage
    • National, regional or customer specific
  • Desired Results
    • Value for the dollar
slide5

Negotiation

(Component Cost of Fuel)

  • #2D LS
  • Freight
  • Non-refundable taxes
  • Refundable taxes
  • Margin
  • Additives
slide6

Negotiation

(Pricing)

  • Cost plus
  • Retail minus
    • Discount
  • Best price
    • Better of cost plus or retail minus
  • Fixed price
    • Negotiated price at a location for a specific period
slide7

Implementation

  • Operations input
  • Driver input
  • Finance input
slide8

Administration

  • Directory format and distribution
  • Driver compliance
  • Direct bill payment schedules
  • Rebate administration
  • Point-of-sale discounting
slide9

Optimization

  • Program choices
  • Billing service interface for solution and administration
  • On-board communication
  • Voluntary or mandatory
slide10

Reconciliation

  • Invoice auditing
  • Internal or outsource
  • Sample or total
slide11

For more information, visit

www.hopehaulers.com

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