Case Studies > Tank Monitoring Solution Delivers Big Savings for Bulk Fuels Distributor

Tank Monitoring Solution Delivers Big Savings for Bulk Fuels Distributor

 Tank Monitoring Solution Delivers Big Savings for Bulk Fuels Distributor - IoT ONE Case Study
Technology Category
  • Platform as a Service (PaaS) - Data Management Platforms
Applicable Industries
  • Oil & Gas
Applicable Functions
  • Business Operation
Use Cases
  • Process Control & Optimization
The Customer
Retif Oil & Fuel
About The Customer
Retif Oil & Fuel
The Challenge
Fuel delivery has always had some built-in inefficiency. Like most fuel and lubricant distributors, Retif Oil & Fuel followed a keep full model when restocking fuel tanks and was spending too much money topping off customer fuel tanks and making emergency deliveries. Without an accurate view of customer fuel stocks it was impossible to determine who needed fuel or how much they actually needed.
The Solution
After deploying the iTank solution, which runs on a secure, scalable, and robust IoT Platform, Retif personnel and customers can now view tank levels and alerts in the iTank Management Portal.

“The application is color-coded, so they simply look at the customers approaching the 25% full mark. This makes deliveries easy because they can pull up all of the deliveries in a designated area and just service those customers that meet a certain threshold in a geographic region, saving time, money and increasing efficiencies.”

The deployment expanded across more tanks in Retif’s seven state coverage region. To date, Retif has deployed thousands of tank monitors, many of which were installed by Retif personnel.
Quantitative Benefit
  • Retif has reduced the number of unnecessary deliveries by 48%, resulting in a net total in return-on-investment of over $10,000 per month in delivery expenses alone.

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