By Caleigh Millette, Warren Rogers Associates, 2020
Fuel management systems are important for maintaining, controlling, and monitoring both stock and fuel consumption. These system controls are meant to detect and prevent any potential fraud or abuse, saving you trouble in the future. Fraud or abuse can be a result of fuel leakages, thefts, inaccurate deliveries, or siphoning. Fuel theft can also be known as “shrinkage”, or any discrepancies in the amount of product onsite versus the amount the software reports.
Fuel theft can take place internally or externally. Internal theft occurs when an employee of a C-store or retailer pumps fuel without ringing the transaction up. External theft is usually when a customer drives off without paying. Luckily, these types of thefts can be prevented or identified through security cameras and prepayment transactions.
However, when it comes to other types of fuel theft, having the proper technology can allow you to see both dispenser and tank activity in order to pinpoint the exact time of the fraudulent transaction(s). Accurately tracking fuel levels in all systems can allow you:
- *to identify potential delivery shortages/overages, leaks, losses, or manual errors with your fuel tanks.
- *be alerted with proper and updated technology, ‒ in real-time ‒ about any inaccuracy after a delivery. This can be achieved by monitoring your automatic tank gauge (ATG), which can help you keep track of your tank amounts and fuel sales.
- *to use these high-tech tools and easily avoid the cost of missing fuel.
How can Warren Rogers help?
Implementing improved system controls can greatly-increase efficiency in preventing fraud, abuse, or theft. With Warren Roger’s fuelWRAp Real-Time App, you can get:
- *tighter fuel inventory control
- *important equipment alerts
- *detailed reports, and much more.
- *interactive charts and graphs as well as historical data right to any of your devices
- *dedicated account support of an expert fuel systems analyst
Real-time data can also be at your fingertips with the fuelWRAp app to allow you to see what’s going on in your fuel systems, including dispenser activity. We continuously track every drop of fuel and monitor every dispenser and line at your site while also collecting and analyzing an infinite amount of data. We also provide customized reports for your fuel team quickly and efficiently so that you can always stay informed. Learn more here.
About Warren Rogers Associates
Founded in 1979 by Dr. Warren Rogers, Warren Rogers Associates pioneered the development of Statistical Inventory Reconciliation Analysis (SIRA) as a means of monitoring underground fuel tanks and associated lines. Warren Rogers later invented Continual Reconciliation Analysis for fuel management and has been at the forefront of developments and enhancements to this technology.
Today, Warren Rogers specializes in statistical analysis and precision fuel system diagnostics for the retail petroleum industry. The Warren Rogers system is fully deployed in the cloud to provide customers with real-time access to fueling data anytime and anyplace. Recent initiatives include alarm management capabilities and the deployment of a secure procurement application for delivery forecasting and product dispatch, the development of KPI Measures of the financial impact of tank system maintenance activities, and advanced delivery audit. In addition, all Warren Rogers solutions are PCI compliant and eliminate any reliance upon the use of a customer’s VPN for access to store devices. Warren Rogers holds numerous U.S., European and Canadian patents for these applications.
For more information, please visit www.warrenrogers.com and feel free to contact Tony Caputo, Director of Business Development, at email@example.com, (M) 540-314-6210, for more information and scheduling a demonstration.