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Fuel Management Strategies for a Volatile Market

Fuel Management Strategies for a Volatile Market . Hope Haulers. A strategic alliance of businesses, ministries, churches and individuals delivering HOPE…in message as well as substance. Fuel Management: An Ongoing Process. Evaluation Negotiation Implementation Administration Optimization

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Fuel Management Strategies for a Volatile Market

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  1. Fuel Management Strategiesfor a Volatile Market

  2. Hope Haulers • A strategic alliance of businesses, ministries, churches and individuals delivering HOPE…in message as well as substance.

  3. Fuel Management: An Ongoing Process Evaluation Negotiation Implementation Administration Optimization Reconciliation

  4. Evaluation • Company Needs • Fuel, PM, repair, truck wash, relay, etc. • Driver Needs • Shower, food, parking, laundry, recreation, “quality of life” • Coverage • National, regional or customer specific • Desired Results • Value for the dollar

  5. Negotiation (Component Cost of Fuel) • #2D LS • Freight • Non-refundable taxes • Refundable taxes • Margin • Additives

  6. Negotiation (Pricing) • Cost plus • Retail minus • Discount • Best price • Better of cost plus or retail minus • Fixed price • Negotiated price at a location for a specific period

  7. Implementation • Operations input • Driver input • Finance input

  8. Administration • Directory format and distribution • Driver compliance • Direct bill payment schedules • Rebate administration • Point-of-sale discounting

  9. Optimization • Program choices • Billing service interface for solution and administration • On-board communication • Voluntary or mandatory

  10. Reconciliation • Invoice auditing • Internal or outsource • Sample or total

  11. For more information, visit www.hopehaulers.com

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