Technology/Services

BP Selects Telvent to Help Manage Credit, Product Allocations

Real-time platform DTN TABS helps enhance quality control, customer service
WARRENVILLE, Ill. -- BP has selected real-time IT solutions and information provider Telvent's DTN TABS to manage U.S. credit limits and monitor product allocations.

DTN TABS terminal automation system authorizes or denies fuel loads based on pre-defined controls, which reduces the risk of credit losses or inventory depletion. By monitoring real-time load data from its terminals, BP can view saleable product allocations to help manage inventory, anticipate product demand and prioritize volume.

Pulling allocation reports becomes a simple task for BP team members. DTN [image-nocss] TABS can also send real-time email allocation alerts to customers who can use the information to request additional loads from BP, who can then go online and place an order through www.bpconnection.com, the company's online service center for dealers and jobbers. In addition to enhancing their customer service capabilities, BP can augment its quality control practices by offering increased transparency through real-time electronic bills of lading and allocation records.

"We are eager to help BP proactively manage operations to help capture new sales opportunities," said Telvent CEO Ignacio Gonzalez. "By implementing TABS, BP will also be able to streamline efficiencies that will enhance its customer service capabilities."

DTN TABS is supported by all commercial terminal automation vendors and is widely utilized throughout the industry. Telvent DTN works closely with the American Petroleum Institute (API) to develop and support industry terminal communication standards and protocols. Telvent DTN management is committed to insuring the development of new functionality to maximize enhanced communication protocols and offer maximum flexibility to its supplier and refiner partners.

Telvent is a global IT solutions and business information services provider dedicated to helping improve efficiency, safety and security for the world's leading companies. Telvent serves markets that are critical to the sustainability of the planet, including the energy, transportation, agricultural and environmental sectors.

Each day BP serves more than 13 million consumers worldwide. Drawing on the combined strengths of BP, Amoco and ARCO, it has forged a family of brands under a single worldwide enterprise: BP. In the United States, BP is one of the largest suppliers and marketers of gasoline and a leading supplier of premium gasoline at more than 150 available terminals and 12,000 retail sites nationwide that sell more than 22 billion gallons of fuel annually.

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