"I'm excited to be appointed to this position within such a group. I look forward to tapping into my industry experience and knowledge and joining forces with all members [image-nocss] of this group to improve efficiencies in our industry," said Reynolds.
The EB2B Motor Fuels Working Group promotes electronic communication between retail fuel buyers, suppliers and delivery vendors to manage fuel inventory levels, improve speed of response to demand changes, provide speed of order placement, manage fuel pricing, and monitor competitor pricing.
The Motor Fuels Working Group established the standards currently implemented by retailers, jobbers and major oil companies using bills of lading, electronic funds transfers, credit card settlements, invoices and fuel pricing.
Committee Focus for 2010:
Developing use cases for existing wholesale fuel and distribution standards. Refining existing standards as needed to ease implementation. Developing use cases for retail fuel price management and competitive price collection. Define an implementation roadmap for new standards. "I'm looking forward to working with Brian. Pinnacle has been a big supporter of PCATS and has been instrumental in the development of many of our standards. Brian's leadership will help us further develop our motor fuel standards to solve new integration issues for the industry," said Scott Wood, executive director of PCATS.
PCATS is an organization devoted to the development, maintenance, and implementation of standards for the convenience store and petroleum industries.
Arlington, Texas-based Pinnacle is a leader in the automation technology industry focusing on the convenience store and petroleum industries. It delivers products that automate the broad spectrum of c-store operations and supply-chain management of fuel operations. Nationwide, Pinnacle's products and services are used daily in thousands of convenience outlets to automate and improve their store operations and by fuel marketers to increase their efficiency in the complex management of fuel delivery.
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