ARCO Products Chooses Petrolsoft to Manage High-Volume Gasoline and Diesel Supply Chain.
SAN DIEGO--(BUSINESS WIRE)--Dec. 16, 1998--
Petrolsoft's Proven Technology Will Result in More Efficient
Operations and Better Service for ARCO Dealers
Petrolsoft Corp., the world's leading provider of integrated supply chain management (SCM (1) (Software Configuration Management, Source Code Management) See configuration management.
(2) See supply chain management. ) systems for the retail petroleum industry, today announced that ARCO Products Co. has selected Petrolsoft's technology to manage gasoline and diesel fuel supply to its more than 1,700 retail outlets in six Western states in which it operates.
"Supply," Petrolsoft's automated inventory management and scheduling software, will first be implemented throughout ARCO's company-owned sites to demonstrate success before rolling it out to the company's franchised sites.
Petrolsoft's "Supply" will automate ARCO's existing internally developed system for store-owned sites and manual ordering system for franchisees, resulting in a fully-integrated retail supply chain management system. ARCO will utilize both the scheduling and ordering components of "Supply." "Supply" standardizes ARCO's downstream supply chain practices with a single system without compromising the company's ability to handle its high-volume business processes.
"Supply" gives ARCO the power to forecast customer demand and optimally schedule the distribution of petroleum product. With "Supply," ARCO has the power to estimate demand for its fuel products on a daily basis. The switch to Petrolsoft will also result in a significant reduction in inventory and secondary transportation costs for ARCO.
"ARCO is one of the highest-volume petroleum marketing companies in the industry today," said David Gamboa, president of Petrolsoft Corp. "Petrolsoft's technology was designed to handle the demands of a high-volume market, and ARCO will realize the benefits of such a robust supply chain management system almost immediately upon installation."
Supporting ARCO's motor fuel supply logistics process, "Supply" combines state-of-the art technology with an easy to use interface. "Supply's" client-server architecture client-server architecture
Architecture of a computer network in which many clients (remote processors) request and receive service from a centralized server (host computer). includes a Windows-based GUI (Graphical User Interface) A graphics-based user interface that incorporates movable windows, icons and a mouse. The ability to resize application windows and change style and size of fonts are the significant advantages of a GUI vs. a character-based interface. , resulting in an easy-to-use environment for bulk petroleum distribution. "Supply" will interface with ARCO's enterprise resource planning See ERP.
(application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. (ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. ) and pricing systems to form a fully integrated information technology (company) Integrated Information Technology - (IIT) A Santa Clara based company producing a programmable, single chip H.261 and MPEG system. The chip contains a RISC processor, originally based on the MIPS architecture but now called RISCit, and a "Pixel Processor". solution.
"Petrolsoft is providing ARCO with a fully-integrated system that results in increased efficiency, fewer retained loads and fewer run-outs," said Robert Hamm, distribution manager for ARCO. "Overall, this technology allows us to provide even better service to our retail network, helping our franchisees run their business more efficiently."
"Supply" allows a supplier to provide better customer service and ensure product availability for consumers. Consisting of two related algorithms that work independently or together, "Supply" forms the most advanced automatic stock replenishment and truck scheduling system for bulk, surface petroleum supply and distribution. Every day, "Supply" gathers sales and inventory data from station sites and automatically generates future orders with balanced quantities and suggested time of delivery. "Supply's" scheduling module insures low cost distribution by efficiently utilizing both proprietary and third party transportation assets.
ARCO Products Co. is the marketing, refining, and transportation division of ARCO (NYSE NYSE
See: New York Stock Exchange :ARC), based in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. . ARCO Products has more than 1,700 retail outlets, including more than 950 am/pm convenience stores The following is a list of convenience stores organized by geographical location. Stores are grouped by the lowest heading that contains all locales in which the brands have significant presence. which also sell gasoline, in Washington, Oregon, California, Arizona, Nevada and Utah.
Headquartered in San Diego, Petrolsoft Corp. is the leading provider of integrated supply chain management systems for the retail petroleum industry. Founded in 1989 at Stanford University, Petrolsoft has grown into the most successful and profitable private software and consulting firm for retail motor fuel distribution. Focusing exclusively on the supply and distribution of bulk refined fuel products including motor gasoline, distillates, kerosene kerosene or kerosine, colorless, thin mineral oil whose density is between 0.75 and 0.85 grams per cubic centimeter. A mixture of hydrocarbons, it is commonly obtained in the fractional distillation of petroleum as the portion boiling off and jet fuel, there are four basic types of customers for Petrolsoft technology: integrated oil companies, oil refiners, oil marketers and oil carriers.
Current customers include Tosco Marketing Co., Mobil US Refining & Marketing, Marathon Ashland LLC (Logical Link Control) See "LANs" under data link protocol.
LLC - Logical Link Control , Amoco Products Co., Sun Refining & Marketing USA (Sunoco), Sunoco Inc. (Canada), Chevron Canada Limited, Ultramar Diamond Shamrock, Getty Petroleum Corp., YPF YPF Yacimientos Petrolíferos Fiscales (Argentina)
YPF Esquimalt, British Columbia, Canada (Airport Code)
YPF Young Peoples Fellowship SA (Argentina) and AMPOL/Caltex (Australia). For more information on Petrolsoft and its technology, visit www.petrolsoft.com.