Fuel Oil News

Fuel Oil News August 2014

The home heating oil industry has a long and proud history, and Fuel Oil News has been there supporting it since 1935. It is an industry that has faced many challenges during that time. In its 77th year, Fuel Oil News is doing more than just holding

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www.fueloilnews.com | FUEL OIL NEWS | AUGUST 2014 31 are costing the company much more than anyone had ever imagined and, upon reso- lution, will significantly impact the bottom line in a positive way. Business intelligence tools provide the visibility needed to uncover those hidden costs that have for so long been masked by "averages." When the first cold snap hits this season and the phones start ringing off the hook, stop and think about how many of these calls could have been prevented and perhaps resolved on your schedule over the summer, had you only known that these same people call every year at the same time. It's all in the data! Summary Over the past thirty plus years, we have witnessed the use of technologies in our industry progress at an ever increasing rate, automating what was once manual processes, making our transaction flows much faster and more accurate: on board oil and service computers, bank interfaces, routing software, just in time inventory and much more…all great additions to our environment. These best of breed applica- tions provide us with an abundance of data that, when combined with all the other data on our networks, can overwhelm the best of us, but not if you can bring it all together in an organized fashion and then know what questions to ask of it. Business Intelligence should not be shunned as simply just another reporting tool, but viewed as the next progression in forward thinking tech- nology required in our evolution, for we finally have a solution that is new, required AND transformational. Robert Levins is a Managing Director of Angus Performance Advisors, formerly known as TAG, a business intelligence solu- tions company acquired by Angus Energy in the fall of 2010. Prior to founding TAG, Levins had been providing enterprise-level software solutions to the petroleum industry; when he saw that the industry needed bet- ter and more advanced management and performance reporting, he created his own company in 2000 in order to fulfill that need. His professional journey began in the petro- leum industry in 1972, while in college, and in the nearly forty years since he has worked for companies such as Petroleum Data Corporation of Princeton, STS Systems out of Montreal, and Structured Management Systems in Richmond, VA. BUSINESS OPERATIONS l F O N Robert Levins

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