Press Release (ePRNews.com) - BNEI BRAK, Israel - Aug 31, 2016 - Orpak Systems, a leading solution and service provider for retail gas stations and commercial fleets for over 25 years, is proud to announce the successful implementation of its ForeVision Wetstock Management Solution (WSM) at 150 fuel retail locations of a major fuel retailer in Eastern Europe. Orpak’s Wetstock Management Solution is an innovative, real-time wetstock control, monitoring, analysis and loss detection solution, and an integral part of Orpak’s marketproven ForeVision BI & Analytics suite.
A well-established oil company has successfully deployed Orpak’s ForeVision WSM solution at its COCO stations in less than 3 months, and has proved its value early on by detecting and preventing fuel losses of various types, providing much tighter control on inventories, and improving loss identification by over 70%. The Company plans to expand the use of Orpak’s WSM solution at additional stations in East Europe.
“We see immense global interest in our innovative Wetstock Management Solution, with more than six active projects in Europe, Asia, and the Middle East,” said Aryeh Frei, SW Solutions Director at Orpak, who has led the development and deployment of WSM. “One of the key benefits of our solution is the automatic detection of events, which reduces the need of a human analyst to analyze the data.”
Orpak’s WSM is SaaS based, and connects to any back office systems (BOS) in order to provide networks with a comprehensive wetstock overview, while detecting fuel loss and discrepancies. It collects aggregated data from all sites, analyzes, and automatically detects as well as alerts on fuel losses by tracking fuel stock history. In addition, the solution remotely performs tank calibration, and manages delivery acceptance at every site. This results in significant, network-wide, operational cost savings, and a clear competitive edge.
For more information about wetstock management service, visit: http://www.orpak.com/value-added-services/wetstock-manage…. Source :