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Streamlined inventory management transformation

Digitizing a Major Gas Station Company’s Inventory with 100% Accurate Forecasting

Operational Enhancement

A major U.S.-based corporation, operating a network of retail gas stations, was managing their inventory inflow and outflow through complex Excel spreadsheets to simulate ‘what-if’ scenarios, especially during extreme weather and other critical events. However, this approach had become increasingly cumbersome, prone to human error, and lacked the flexibility needed for effective decision-making.

We streamlined this process by transitioning their data management to the Allegro ETRM software, providing a more intuitive, user-friendly interface with enhanced features to better support their operational needs. Value Creed’s Expertise On-Demand team worked to move this process entirely to their CTRM, unlocking the following benefits:

Digitizing a Major Gas Station Company’s Inventory Data For Their CTRM With Value Creed

KEY RESULTS

2500

Analysis Acceleration

Reducing the data analysis time.

50+

Concurrent
Access

Allowing simultaneous data access.

100%

Absolute Forecasting

Forecasting Inventory.

Strategic Approach to Project Success

Our solution centered on migrating the client’s inventory management from Excel to Allegro ETRM, streamlining processes, reducing errors, and enabling real-time data access for enhanced operational efficiency.

Expertise on Demand

Digitizing Inventory Forecasting
Tracking inventory via Excel required continuous maintenance of the spreadsheet, and only one user at a time could view the data. Value Creed’s Expertise On-Demand team stepped in to digitize the data for their CTRM, enabling the inventory forecasting process to run entirely within the platform.
Expediting Data Analysis
With real-time data in the CTRM, the client’s team of analysts can pull up the information much faster than before, reducing their month-end accounting process from up to an hour down to less than two minutes. Additionally, moving away from Excel allows multiple users to access and interpret the data at once—a major benefit for the client’s team of 50+ users.
Reducing Human Error
Rather than entering the buy and sell contracts into the Excel sheet, the new process leverages the raw data already into the client’s CTRM platform. This reduces the possibility of inputting incorrect data or making accidental changes to the data by keeping the process entirely within the CTRM.

Value Creed Services Mobilized

Expertise on demand

Expertise on Demand

An experienced team and sophisticated technology combine to deliver feature-rich functionality and operability. You pay only for the services you need when you need them.

Key Takeaways

The client’s team was working too hard to keep track of daily inventory changes and forecasting demands, hence they reached out to Value Creed to move the functionality from XLS into our CTRM platform. This move enabled the client to see real-time data without the time-consuming process of double data entry. It has saved a lot of time and the client can now provide reports much easier, which is an excellent advantage.

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