Houston, 8 September 2020 – Atlas Oil Company, which is part of Simon Group Holdings and a leading nationwide fuel distribution and supply management company in the US, is using Inatech’s Techoil oil commodity management solution to streamline its operations during a period of growth. Atlas offers single-source solutions for fuel, transportation and logistics and is one of the largest fuel distributors in the country, delivering over 1 billion gallons of fuel annually to customers in 49 states. Atlas is also a global leader in adopting mobile technology and Automated Fueling Solutions. Atlas’ supply business has expanded rapidly and now makes over 100,000 deliveries every year from more than 1,000 terminals nationwide. One of the key tenets of its growth plan has been to adopt the latest technology to manage risk, inventory and customer relationships while maintaining its unwavering commitment to customer success. Since 1985, the company has grown through technological and operational innovation, offering many different types of pricing contracts utilizing its buying power and market expertise to pass the savings on to its customers. Some Atlas risk management solutions include hedging, OPIS, fixed price contracts, pricing caps, and swaps and collars. It is a time-critical business model so “we needed a solution that… continue reading
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Source: CTRM Center