SAN ANTONIO -- In an effort to lower the cost of fixtures, supplies and materials for operators of Valero-branded stores, Valero Energy Corp. and e-Procurement Services (ePS) have unveiled Valero eSource, a new program that will enable store operators to purchase convenience store equipment and supplies.
Valero eSource is a web-based shopping catalog that Valero distributors and branded sites can access through their proprietary Valero Customer Portal in order to purchase equipment and commonly used supplies at significant discounts due to the mass buying power of Valero's network of branded sites. Users can choose from categories like store fixtures, food and beverage equipment, signage and graphics, fuel equipment, facilities maintenance items and more.
Those who sign up for the Valero eSource program between now and Sept. 30 will be entered into a drawing to win prizes that include gift cards and a Dell tablet.
"This is a way Valero can add value to customers carrying our brand," said Gary Arthur, Valero's senior vice president of wholesale marketing and product supply. "Valero's approach to the buying program concept is unique. Valero's eSource catalog is an easy-to-use, exclusive way for Valero's partners to source at significant discounts with convenience store suppliers."
Valero eSource was developed with ePS, a Michigan-based provider of e-commerce and cloud-based supply chain management applications. Valero eSource differs from "buying clubs" offered by other fuel suppliers in that there are no minimum purchases or forecast requirements. Buying supplies and equipment through Valero eSource is as simple as making a purchase from any popular e-commerce site, while Valero's size offers eSource users the ability to make efficient purchases at lower prices.
ePS provides customizable, scalable e-procurement cloud technology to help organizations streamline their entire source-to-settle process for businesses' indirect spend. It provides organizations with a platform to seamlessly participate in a standardized e-commerce environment, but with each site customized to the users' unique needs and requirements. The ePS platform provides clients with access to direct spending across the entire organization, spend management, higher supplier contract compliance, standardized and automated supply chain and access to pre-negotiated supplier contracts.
ePS has more than 200 North American customers. It is certified by the Payment Card Industry (PCI) and Cardholder Information Security Program (CISP) programs to ensure maximum Internet security for client financial and credit-card data. In addition to the petrol-retail industry, ePS also serves the health care, government, education, public sector and retail markets.
Valero, through its subsidiaries, is an international manufacturer and marketer of transportation fuels, other petrochemical products and power. Valero subsidiaries employ approximately 10,500 people, and assets include 16 petroleum refineries with a combined throughput capacity of approximately 3 million barrels per day, 10 ethanol plants with a combined production capacity of 1.2 billion gallons per year, a 50-megawatt wind farm, and renewable diesel production from a joint venture. More than 7,300 outlets carry the Valero, Diamond Shamrock, Shamrock and Beacon brands in the United States and the Caribbean; Ultramar in Canada; and Texaco in the United Kingdom and Ireland. Valero is a Fortune 500 company based in San Antonio.
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