DALLAS -- Kwik Trip has moved from a homegrown commodity-trading and risk-management (CTRM) system to Allegro Development’s Horizon CTRM software solution with the help of MRE Consulting. The solution will manage Kwik Trip’s refined-products marketing, trading and distribution services, the company said.
“Their strength was in risk management and commodities management, which was the area that we were focusing on first, and we knew we’d be able to leverage our own internal accounting knowledge to utilize Allegro,” Joel Hirschboeck, general manager of fuel marketing and procurement for Kwik Trip, told CSP Daily News. “The flexibility that they have with connections to other software solutions that augment the fuel-procurement perspective was exceptional.”
Kwik Trip chose MRE to lead the implementation, which was executed by a team of Allegro and MRE consultants with support and guidance from the Kwik Trip fuels group. The implementation was completed on budget and in 12 weeks so that the system could be up and running in time for Kwik Trip’s new fiscal year, the company said.
According to Michael Hinton, chief strategy and customer officer for Allegro, the company can implement software for other clients with a similar timeline moving forward. “It’s something that we can re-create with other customers, and actually we’re challenging ourselves in even reducing that time to allow us to address different market spaces as well,” he said.
Now that Allegro’s solution is deployed, Kwik Trip is equipped to further improve its refined-products management from source to delivery through profit-and-loss positioning, auditing and accounting. “It’s going to allow us to grow in general higher volumes at different strategies than what we would have in the past,” said Hirschboeck.
Founded in 1965, La Crosse, Wis.-based Kwik Trip Inc. is a privately held company with more than 500 locations in Wisconsin, Minnesota and Iowa under its various names.
With headquarters in Houston, MRE Consulting Ltd. is a professional services firm that provides engineers and management professionals to help customers achieve their goals and more. Dallas-based Allegro offers commodity-management software for companies who buy, sell, produce or consume commodities, such as fuels and oil.