Business Editors/Energy Editors/Software Writers
HOUSTON--(BUSINESS WIRE)--July 24, 2008--FuelQuest, Inc., the leading software and services company for the downstream energy industry, announced today that United Supermarkets has chosen FuelQuestâs Fuel Management Services to streamline and manage its bulk fuel processes. United Supermarkets is a leading regional grocery chain operating 47 stores in 27 cities across north and west Texas.
âHeightened fuel price volatility coupled with the expansion of our retail fuel sites throughout Texas, required us to seek out a strategic fuel sourcing solution to implement best practices across our statewide fuel operations,â said Chris Bridgford, Fuel Director of United Supermarkets. âFuelQuestâs Fuel Management Services enables us to complement our internal talents with FuelQuestâs veteran staff and industry-leading solutions to obtain the optimal supply portfolio at the most competitive prices so we can pass that savings along to our guests.â
With FuelQuest in place, United Supermarkets will be able to:
Gain strategic consulting on supply portfolio, contracting and sourcingReduce financial exposure to volatile markets with reduced freight and fuel costsIncrease transparency with fuel purchase, transport and taxesCentralize control and provide real-time visibility into all storesOptimize inventory and dispatch controlAutomate invoice reconciliation.
âWe are proud to add United Supermarkets as a customer, as FuelQuest continues to make deep inroads in the retail sector,â said Ryan Mossman, Vice President & GM Fuel Management for FuelQuest. âThe new economic norms created by todayâs record fuel prices have intensified the need for the blend of best-in-class technology and downstream supply chain domain expertise that only FuelQuest can provide.â
About United Supermarkets
United Supermarkets, LLC, is a Texas-based, family-owned grocery chain with stores in 27 markets across north and west Texas. A self-distributing company with its headquarters and distribution center in Lubbock, United currently operates 47 stores under three distinct formats: United Supermarkets, Market Street and Amigos United.
FuelQuest provides on-demand, web-based supply chain management and tax automation technologies for suppliers, distributors, buyers, and traders of petroleum products and other energy commodities. FuelQuest solutions deliver operational and financial value to over 750 customers. These customers include leading global oil companies, international retailers, shippers, and government entities. FuelQuest solutions help customers manage the complexity, regulation, and market volatility of billions of gallons of gasoline and diesel fuel annually. ZyTax solutions process tens of billions of dollars of motor fuels excise taxes per year.
Find out more online at www.fuelquest.com
FuelQuest, Inc., HoustonDirector â Marketing ProgramsTracy Rummel, firstname.lastname@example.org
State Keywords: TexasIndustry Keywords: Energy; Oil/Gas; Other Energy; Technology; Supply Chain Management; Software; Retail; SupermarketSource: FuelQuest, Inc.
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