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GAINESVILLE, Ga. -- Mansfield Oil Co. has once again been chosen by CIO magazine for its annual CIO 100 list. The 24th annual CIO 100 awards honored 100 companies that are using information technology in innovative ways to add value to their organizations.
2011 marked the second year in a row that Mansfield was named to this prestigious list. This year, the company was recognized for its creation of an automated supply chain for renewable fuels in the United States. The Renewable Fuel Network (RFN) provides efficiency and scalability to the supply, distribution and delivery of renewable fuels.
"Like the transportation sector itself, the commercial fuels business sector in North America is a mature industry," stated Doug Haugh, CIO and executive vice president of Mansfield Oil. "Such is largely not the case for renewable fuels. Through the development of RFN, we can now connect plants, refiners and customers in real time. This cloud-based service integrates renewable fuels directly into the highly efficient traditional fuels supply chain in North America."
RFN offers a fully automated solution for time-sensitive Environmental Protection Agency (EPA) reporting of Renewable Identification Numbers (RINS) through the EPA Moderated Transaction System (EMTS), as well as comprehensive RINS management and trading efficiencies not typical in the renewables market today.
Since the deployment of RFN, Mansfield said it has reduced labor costs while reducing the time to complete its RINS filing and compliance reporting by nearly 90 percent.
Mansfield has also created a level of transaction transparency and efficiency in a marketplace that has relied traditionally on a manual, paper-laden supply chain. As demand for renewable fuels continues to grow, Mansfield's Renewable Fuel Network provides all segments of this complex infrastructure with a turnkey solution for sales, marketing, contracting, logistics planning, transportation scheduling, accounting and regulatory reporting, all while reducing costs for its plants and customers, according to the company.