What does sustainable wetstock management look like?

Today, we’re living in a society where the focus on environmental protection and the cultivation of a more sustainable future are ever present. The fuel industry, in particular, has come under scrutiny in recent years, with people looking to business leaders to make drastic changes to their day-to-day operations in order for them to provide more accessible, eco-friendly solutions for global transportation.

DX Wetstock™

Not only are fuel retailers seeking to support alternative energies such as electricity, hydrogen, Compressed Natural Gas (CNG) and Liquid Natural Gas (LNG), but they are aiming to pivot their fuel businesses to one that is environmentally sustainable. However, below ground activities are just as important as those above ground, and fuel retailers are encouraged to place a greater focus on fuel protection if they want to become truly sustainable.

Fuel protection packages are not new to the fuel and convenience retail industry – in fact, it has been a key aspect of the fuel monitoring field since the early 90s, but fuel management is now much more advanced.

Fuel management and monitoring can transform fuel retail businesses while providing a whole new world of environmental protection for the future, significantly reducing the risk of fuel loss to the ground. In reality, a great wetstock management solution can prevent instances of fuel leaks to the downstream fuel industry, with experts recognizing the importance of “watertight” wetstock management services to make sure the environment is as protected as possible when it comes to conventional fueling solutions.

The detrimental and potentially negative effects of fuel leaks are well-known to not only the fuel industry, but to the public as well. The need for systems that prevent or reduce the probability of fuel leaks to the environment have long been a necessity for fuel retailers of all sizes, yet many sites don’t realize the positive impact wetstock monitoring can have on both fuel retail business and sustainability objectives. The lack of a wetstock management system may be a missed opportunity for many retailers when it comes to Environmental, Social, Governance (ESG) strategies.

What does sustainable wetstock management look like? — © Dover Fueling Solutions

When many fuel retailers hear the term “wetstock management”, they think stock control, tank level measurement or leak detection. But true wetstock management is much, much more. It’s really the end-to-end management of fuel inventory — from the moment a fuel delivery is ordered, pumped into the tanker and dropped into the storage tank, right through to when it is pumped into a vehicle and accounted for in the reconciliation process.

Wetstock management solutions not only help to protect the environment but end-to-end wetstock management can also enable fuel retailers to have a complete enterprise-view of their fuel inventory. This means that not only are they more in control of their fuel at each and every site they own, but they also only have to reorder deliveries when absolutely necessary – thus reducing their carbon footprint, as they are able to order the right amount of fuel at the right time to sustain business.

In wetstock management, every drop and second counts. Trust Dover Fueling Solutions (DFS) to help with your wetstock management and your journey to a more sustainable future, today.

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