Product Overview
MPS is the unrivalled automatic wet stock management service of Torex developed for petrol retailers.
Interfacing with the number one POS solution in the market, Iridium, this service enables the retailer to have full control over wet stock.
Taking data automatically from a number of sources, the MPS service provides statistical analysis that includes:
Leak detection
Retailers can act quickly to minimise financial and environmental loss
Temperature monitoring
Enables accurate reporting of fuel temperatures
Tank gauge polling
Optimises tanker scheduling
Short delivery
If this occurs, it is identified by the MPS system
Water content
A quick response is possible with early detection
Over dispensing
Retailers know when to schedule an engineer to re-align pumps
The ability to extract data automatically, means that the forecourt retailer can have complete peace of mind that wet stock on site is being managed on a daily basis
Teams of analysts transmit received data through sophisticated analytical tools that assess the data in minute detail. This analysis leads to early detection of losses or indeed leaks. The direct net effect of this could save the retailer in clean up costs and the cost of the lost fuel.
The MPS service is a must for all those forecourts where tanks are more than 20 years old as the service reduces the requirement for tank testing. Hence, not only are the benefits of the service extensive, but there are cost savings too that easily justify the small monthly investment.
The MPS service provides reports back to the forecourt retailer in a number of different ways. An easy to use web portal leads the way in communicating reports back. Paper copies and faxed reports can also be provided.
Market Sectors & Customers
The MPS has several major UK customers, including Statoil.
Product Benefits
The power of the MPS service is illustrated by the controls implemented at some of the UK’s largest fuel operators
- A large customer uses the MPS service to monitor stock daily and quickly identify problems. An internet tank gauge polling service is also provided to enable Sainsbury’s to monitor and schedule fuel deliveries
- Another large customer extracts wet stock data on an hourly basis to provide accurate up to date analysis
- MPS can take data from a variety of sources, including telephone touch pad entry
- MPS is extremely flexible in its reporting approach, utilising technology such as text messages and emails to notify problems
- MPS is fully justifiable in reducing direct costs, such as tank testing, as well as the benefits of the service itself
Product Sheet
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