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ETRM-Integrated Bespoke Scheduling tool

60% Efficiency Gains with a Bespoke ETRM-Integrated Scheduling Tool for a Fuel Distributor

Operational Enhancement

A global fuel distributor and retailer faced significant challenges with their scheduling and logistics activities, which were spread across multiple systems and spreadsheets. This fragmented approach severely hindered operational efficiency and productivity. The ETRM system in use and the planned ERP system were not flexible enough to incorporate all the modes of transportation and the applicable business scenarios.  The company sought to implement a unified scheduling solution that could seamlessly integrate with the ERP & ETRM systems. 

Off-the-shelf ERP solutions couldn’t efficiently accommodate intricate requirements such as blending, regrading, diversions, and managing multiple carrier modes. To overcome this, we developed a bespoke custom scheduling solution designed to automate processes, streamline operations, and significantly enhance efficiency, ultimately saving both time and costs.

Scheduling Tool

KEY RESULTS

~47%

Lower Implementation
Costs

Bespoke solution implementation with interfaces to the scheduling portals, costs half of that of an off-shelf ERP solution and adding interfaces to the ERP solution or the ETRM system.

~53%

  Boost in
Efficiency

The bespoke solution automated numerous activities, such as sending schedules, nominations & orders to the scheduling portals and reaching actuals/BOLs from the scheduling portals into the ETRM system, resulting in substantial time savings.

~65%

Decrease in
Reconciliation Time

The solution streamlined processes, cutting time spent on reconciliation.

A Strategic Approach to Project Success

This project focused on developing and implementing an advanced scheduling software solution to streamline and optimize complex scheduling processes with an integrated ETRM system. By integrating multiple systems, the solution tackles the intricacies of energy trading and enhances operational efficiency. This solution simplifies the most complex scheduling processes while providing scalability, reducing risks, and driving improved operational performance across the board.

Custom Solution Design & Development

Custom-Built Solution

The tool was crafted as a one-stop solution for scheduling, featuring an intuitive UI that simplifies scheduling tasks. It was built with robust API capabilities to handle unique processes, making it adaptable and scalable for future enhancements.

Extensive Functionality 

The custom scheduling tool empowers business users to easily manage scheduling operations. It includes a wide range of features covering key areas such as Carrier Management, Logistics Management, Inventory Management, and Logistic Fees Management, offering flexibility and control over scheduling workflows. It also manages various modes of transportation like Rail, Truck, Pipeline, and Vessels/Barges.

Scalable Automation

The tool integrates with the scheduling portals and connects to both ETRM and ERP systems, ensuring real-time trade data is captured, communicated, and processed efficiently.

Value Creed Services Mobilized

Expertise on demand

Expertise on Demand

Unlock operational efficiency and reliability with Value Creed’s services. Optimize performance with fast, accurate data extraction, reconciliation, calculation, and reporting.

Key Takeaways

The implementation of a bespoke scheduling solution has effectively addressed the significant challenges faced by the client. By transitioning from a fragmented system to a unified, custom-built tool, the company has not only improved operational efficiency but also achieved remarkable cost savings and productivity gains. The solution’s flexibility and extensive functionality have empowered users to manage complex scheduling activities seamlessly, ensuring real-time data integration with both ETRM and ERP systems.

The scalable nature of the automated processes has enabled seamless future integrations which positioned the company for future growth, enabling it to navigate the complexities of energy trading with greater agility and precision.

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