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FuelQuest, Inc., a provider of e-commerce tools and technologies to the downstream petroleum industry, and Gaithersburg, Md.-based GE Global eXchange Services, which provides business-to-business Internet commerce, said yesterday they would team to provide Web-based supply chain management services to U.S. petroleum marketers. The services will enable petroleum marketers to reduce costs, increase efficiency and enhance customer service.
Through their alliance, GE Global eXchange Services (GXS) and FuelQuest will integrate electronic bill-of-lading (EBOL) and operational supplier data from GXS's PetroDEX exchange with the business-management tools in FuelQuest's suite of Web-enabled eCommerce applications. PetroDEX, operated and hosted by GXS, is currently used by every many refining company in the United States to manage information associated with the shipment and delivery of gasoline and other refined petroleum products. The new services are designed to allow petroleum marketers to receive timelier product shipment information via the Web, in formats such as Extensible Markup Language (XML), while eliminating the errors and overhead associated with manual entry of paper-based data into back-office systems.
"The Web-based services this alliance has developed provide petroleum marketers with the opportunity to leverage supply chain integration capabilities that were once available only to major oil companies," said FuelQuest President and CEO Richard C. Cilento. "We see this as a tremendous opportunity to continue our progress toward integrating the downstream supply chain for the benefit of petroleum marketers, their suppliers and end-use customers."
Incon Launches Web Site
In other petroleum technology news, Intelligent Controls Inc. (INCON), a manufacturer of software and electronic measurement systems for the petroleum industry, launched Incon.com as the company's new Web site address. The change will make it easier for customers and business partners alike to gain access to important new information about Incon's products, said Rick Sales, the company's vice president of sales and marketing.
"We expect this and future enhancements will provide our customers with a web experience unparalleled in the industry," Sales said.