AUSTIN, Texas — Dover Fueling Solutions (DFS), a part of Dover Corp. and a provider of customer-focused technologies and services in the fuel and convenience retail industries, has launched DX Wetstock, part of the DFS DX connected solutions platform with Microsoft Azure.
DX Wetstock is a fuel management product for retail fueling owners and fleet operators delivering real-time fuel loss identification and notification, including leaks, fraud, theft, evaporation, meter drift and initial fuel delivery errors.
This new product collects and processes real-time data from a variety of sources so retailers and fleet operators can quickly reconcile any fuel discrepancies down to the gallon or liter to understand where and why fuel is lost and to implement immediate mitigation plans. DX Wetstock can help any size fuel station identify and minimize fuel loss, transform the entire reconciliation process and lower overall operational costs, all while helping to mitigate risk. the company said.
“DX Wetstock is the perfect solution for the conscientious fuel retailer focused on improving profit margins and saving money through the early detection, reconciliation and alerting of fuel loss for over 45 different root causes,” said Andy G. Fawcett, DFS senior global product manager. “Retailers can easily gain an accurate, real-time view of their data from across the forecourt, as well as receive instant alerts and access to easy-to-use dashboards. These tools can help stop fuel loss before it becomes an issue and ultimately improve the retailer’s bottom line.”
For customers operating in certain markets with environmental and regulatory compliance monitoring requirements, such as the United States, Spain, Uruguay and the United Kingdom, DX Wetstock helps retailers and fleet operators satisfy these mandatory requirements. With the real-time alarm systems, businesses can reduce their potential impact on the environment and mitigate fuel leaks.
“Maintaining site or network compliance is a huge focus for our customers in the United States, which has very strict monitoring standards that must be met. DX Wetstock can simplify compliance with state-set, monthly reporting regulations by giving retailers and fleet operators instant access to all the data they need,” said Scott Rutherford, DFS wetstock product management director for North America.
Austin, Texas-based Dover Fueling Solutions, part of Dover Corp., comprises the product brands of ClearView, Fairbanks, OPW Fuel Management Systems, ProGauge, Tokheim and Wayne Fueling Systems, and it delivers fuel dispensing equipment, electronic systems and payment, automatic tank gauging and wetstock management solutions to customers worldwide.