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Nigeria: Smartflow Technologies & Energy360 Fuel Retail Technology Launch

Nigeria: Smartflow Technologies & Energy360 Fuel Retail Technology Launch

It’s a solution that uses the power of real time data to reduce fuel losses, lower operational cost and deliver savings, thereby helping to improve profit margin for fuel retailers.

A retail fuels technology company, Energy360 Africa Limited, has decided to partner with Smartflow Technologies, a leading flow and level automation company in Nigeria. With the rate of fuel margins being squeezed each year and the value of fuel losses increasing, a solution has been launched that uses the power of real time data to reduce fuel losses, lower operational cost and deliver savings, thereby helping to improve profit margin for fuel retailers.

Critical success factors will include cutting costs and running an efficient operation, given that retailing of fuel products require a huge capital outlay for infrastructure and procuring products, while having razor thin margins.

Dolapo Adeyeye, Chief Executive Officer of Energy360 Africa Limited, said "The E360 station manager is an innovative cloud based software. A service designed to optimize business operations and profit margins, ensuring proper control at the fuel station, while the E360 station analytics helps manage fuel business more effectively, by delivering real-time information that you can access whenever and wherever you need the information.”

Smartflow’s capabilities are built on strong knowledge base, a steady improvement in practices, extensive research and exceptional support from its global OEM partners such as Gilbarco Veeder-Root, CODAB, Orpak, OPW, Nivelco and GIR among others. This was made clear by Milin Shah, Smartflow’s Managing Director who also said that the company’s systems and solutions have been created with full customization for the Nigerian market and realities.

"E360 station manager offers a comprehensive suite of modules to its customers which covers sales management, stock management, expense management, cash management, (cash, POS, credit) and supply management. The E360 station analysis has the following modules: real time sales analytics, reconciliation and fraud Analytics, Real-time stock analytics, replenishment planning, executive sales and stock analysis and expense analysis,” said Abayomi Elebute, the Chief Operating Officer of Energy360. PWKD05122017

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