Existing Customer?
Flexible, interactive price analysis
SmartBuy™
Aggregate, analyze, and rank supplier price data for fuel more efficiently with SmartBuy. Price feeds are accepted from a number of sources, including DTN, OPIS, Platts, Axxis, individual suppliers, and ad hoc quotes from resellers and wholesale petroleum marketers. The system features flexible, interactive tools that make it possible for grouping and price analysis by markets you define. Pricing information is stored with date and time stamps and can support multiple supplier price changes per day.
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Our decision to implement TelaPoint's Internet supply chain solution is a key part of our strategy to use technology to improve internal operations and to serve the needs of our travel centers.
Peter Greene
Senior Vice President of Development
Travel Centers of America
Customized supplier ranking
Supply prices are automatically calculated for formula-based contracts, making it easy to capture ad hoc supply deals through formula overrides. SmartBuy™ ranks supply costs by various factors, including by supply market, site, or individual fuel order. Manual ranking overrides are also possible, along with automated supply contract ranking overrides.
Powerful reporting capabilities
With extensive built-in reporting, SmartBuy™ allows you to review price analysis and supplier ranking results, analyze supplier contract performance, measure plan-versus-actual lift exceptions, and communicate buying plans to bulk carriers and internal transportation operations.
Key benefits at a glance
- Improve price analysis results and more effective negotiation of supplier contract terms
- Better ability to defer or accelerate purchases based on inventory and pricing trends
- Optimize fuel purchasing through analysis of product mix by order, site, or supply market
- Lower overall supply costs
- Better carrier management results with fewer lift mistakes and improved charge-backs