DTN TABS streamlines customer controls
Mar 1, 2008 12:00 PM
DTN announced that petroleum rack marketers reselling product at the rack can now use DTN TABS credit and product allocation controls to manage customers purchasing fuel from their accounts with other suppliers. In addition, rack marketers can quickly and easily receive real-time loading data from the terminal to anticipate product demand and manage inventory as well as prioritizing volume for themselves and their top customers.
DTN TABS authorizes or denies a customer trying to load fuel at the terminal based upon pre-defined controls, which reduces the risk of credit losses and/or inventory runs. Now, rack marketers have the flexibility to manage volume the way they need to — with allocation controls to limit liftings at the rack set either in dollar amount or by time periods. If they choose to, marketers can also allocate volume from any combination of suppliers at terminals across the country. DTN TABS even allows marketers to limit global volume for a specific customer across multiple terminals, or immediately stop all volume for specific customers.
Proactive alerts can be sent via e-mail or cell phone to notify when an allocation is nearing a specified percentage of exhaustion; so potential issues can be fixed before they become a crisis, or before an allocation or credit limit is reached. Terminal activity alerts notify when there has been no activity at a terminal within certain time parameters to give warning of a possible communication failure, product outage or pricing inconsistency at busy or crucial terminals.
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