Supply chain management for downstream petroleum

FuelQuest and GE Global eXchange are to team up to provide Web-based supply chain management services to US petroleum marketers. The services will enable petroleum marketers to reduce costs, increase efficiency and enhance customer service.

Through their alliance, GE Global eXchange Services (GXS) and FuelQuest will integrate electronic bill-of-lading (EBOL) and operational supplier data from GXS’s PetroDEX exchange with the business-management tools in FuelQuest’s suite of Web-enabled eCommerce applications.

PetroDEX, operated and hosted by GXS, is currently used by every major refining company in the US to manage information associated with the shipment and delivery of gasoline and other refined petroleum products.

The new services are designed to allow petroleum marketers to receive more timely product shipment information via the Web, in formats such as Extensible Markup Language (XML), while eliminating the errors and overhead associated with manual entry of paper-based data into back-office systems.