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HOUSTON -- Kent Oil, a mid-market convenience store chain in Midland, Texas operating 26 convenience stores and four travel stops under the Ken Kwik brand in Oklahoma and New Mexico selected its Fuel Management System (FMS) solution and services from FuelQuest Inc. The chain will use FMS to automate fuel inventory forecasting, planning, ordering, and delivery across their network reducing operating costs and increasing fuel margins.
"To better address rising fuel costs and remain competitive in our regional markets, we must optimize how we manage our fuel operations," Bill Kent, Kent Oil’s President said in a released statement. "FuelQuest provides automation and industry expertise via FMS that will help us meet our goals and ultimately better serve our customers with more competitively priced fuel."
FMS powers the largest bulk fuel management network in North America providing FuelQuest customers with an end-to-end solution that lowers the cost of procuring, managing and accounting for fuel. FMS will streamline Kent Oil’s fuel operations enabling:
-- Fewer run-outs and retains through just-in-time inventory management,
-- Lower working capital requirements by optimizing fuel inventory levels, and
-- Reduced overall fuel costs with automated procurement, order, and delivery management.