Tucker Oil Selects TelaPoint's Internet Petroleum Supply Chain Solution

Tucker Oil Selects TelaPoint's Internet Petroleum Supply Chain Solution

Leading South Carolina convenience and petroleum marketer chooses TelaFuel to improve efficiency across its fuel operations

LOUISVILLE, Ky., March 13 /PRNewswire/ -- TelaPoint, Inc., a leading Internet supply chain software provider for the Convenience Store and Petroleum industry, today announced that Tucker Oil has chosen to implement its TelaFuel(TM) Internet fuel management solution. Operating 30 retail convenience stores as well as numerous wholesale accounts, dealer consignment locations and bulk storage facilities, Columbia, SC-based Tucker Oil was using a variety of manual and time consuming activities to gather historical data and forecast future demand.

"We knew the technology was available that would allow us to streamline the collection and analysis of our fuel data," said David Tucker, President of Tucker Oil. "After reviewing various alternatives it became clear the TelaFuel Suite was the best solution given our robust business structure. We are able to gather historical data, forecast future demand, make informed buying decisions, manage our transportation fleet and reconcile the BOL to supplier invoice information all in a single application. This move will allow us to drive additional cost out of the supply chain," Tucker goes on to say.

"TelaPoint is excited to have been selected by Tucker and is committed to assisting them in achieving their petroleum marketing and fleet optimization objectives," said TelaPoint's President, Mike Dahlem. "Tucker had previously made a significant financial investment installing automated tank gauges. We look forward to helping them achieve the maximum results from their investment."

TelaFuel is an Internet supply chain software solution that includes Smart Replenishment(TM), Smart Buying(TM) and Smart Invoicing(TM). The TelaFuel solution helps companies realize fewer communication errors with transportation partners, lower fuel inventory and replenishment costs, make better fuel purchasing and pricing decisions, and streamline fuel invoice reconciliation.

All TelaPoint(TM) customers have secure access through browser-based software applications allowing for timely and accurate communication with their authorized trading partners. TelaPoint's Internet services extend and redefine interaction and collaboration between trading partners in the Convenience Store and Petroleum supply chains.

About Tucker Oil

The Tucker umbrella, headquartered in Columbia, South Carolina, covers a family of companies encompassing bulk transport hauling, car washes, lubricants for industry, Corner Pantry retail convenience stores, Fleet Express fleet fueling services, commercial bulk fuel sales, unattended card locks, and much more.

About TelaPoint

TelaPoint, Inc. is the first Internet platform software company to provide business-to-business applications focused exclusively on the Convenience Store and Petroleum industry. The TelaPoint application suite enables convenience stores and fuel outlets to improve the efficiency of their fuel replenishment, buying and administrative operations. Founded in February 1999, TelaPoint is a privately held company headquartered in Louisville, Kentucky.

Additional information on TelaPoint is available via the Internet at www.telapoint.com or through email at media@telapoint.com. TelaPoint, TelaFuel, Smart Replenishment, Smart Buying, Smart Invoicing, and the TelaPoint logo are trademarks of TelaPoint, Incorporated. All rights reserved. All other company and product names are registered trademarks or trademarks of the respective companies with which they are associated and are acknowledged.

TelaPoint Contact
John Humphreys
Vice President
TelaPoint, Inc.
502.569.7500 ext. 231
jhumphreys@telapoint.com

Source: TelaPoint, Inc.

CONTACT: John Humphreys, Vice President of TelaPoint, Inc.,
+1-502-569-7500, ext. 231, or jhumphreys@telapoint.com

Web site: http://www.telapoint.com/

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