How a Major Gas Station Company Moved Inventory Forecasting From Excel To CTRM With Expertise On Demand​

Reducing Human Error & Expediting Processing Times With Expertise On Demand

An American corporation operating a chain of retail gas stations was tracking their inventory inflow and outflow via an Excel spreadsheet in order to scope out ‘what-if’ scenarios for cases involving extreme weather and other events.

 
Value Creed’s Expertise On-Demand team worked to move this process entirely to their CTRM, unlocking the following benefits:

Key Results

2,500

Reducing the data analysis times from

100%

Forecasting Inventory on the CTRM

50+ Users

Allowing simultaneous data access for

 

CTRM Expertise on Demand Delivers

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

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.

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Reduce errors & improve efficiency with Value Creed’s Expertise On Demand