EXPENSIVE OIL DEMANDS EFFICIENT COMPANIES

With the increase of the costs and the risk of decreasing operational profits, there are two additional consequences: 1) Potential handling of adultered o bad quality fuel and 2) Potential fraud in the inventory and dispensing processes. When you see that the margins decrease, the first thing to do is to stop the dispensing process to verify what it’s happening with the fuel: who, why, where it is going; Then, verify the inventory processes to determine abnormalities. For instance, during transportation, the product can be mixed with water to deliver the agreed quantity. To prevent similar situations, you must control inventories. Another vulnerable element of the operation is the dispensing hose. The nozzle is the first point of theft, any quantity of fuel can be dispensed if there is no control and losses can be representative. Based on CONTROL IMS’s experience, the other point where theft can be presented is the vehicle tanks; however, with proper dispensing control and vehicle fuel consumption monitoring, losses can be avoided.
You should invest to control and avoid economic and financial risks for your operation. In tough economic times, technological investments are adopted to control operational procedures that affect the bottom line. When the economy is more dynamic, technological investments are adopted to improve the efficiency of the operation.