LOUISVILLE, KY — June 6, 2002 — TelaPoint, Inc., a leading Internet
supply chain software provider for the Convenience Store and Petroleum industry, today announced that SSP Partners has selected its TelaFuelTM Internet
software solution to streamline and manage its fuel replenishment process. SSP Partners will use TelaFuel, a browser- based application suite, to improve management of fuel replenishment operations across more than 300 Circle K convenience stores located primarily in South Texas and Southern Oklahoma. With TelaFuel, SSP Partners will electronically process fuel replenishment
transactions with preferred fuel carriers to better manage
petroleum inventories and supply
logistics, resulting in lower costs, greater administrative efficiency and enhanced relationships with
transportation suppliers.
“Our decision to implement TelaPoint’s Internet supply chain
solution positions us well to meet the challenges of today’s dynamic
gasoline market and significantly enhances our ability to reduce administrative costs in our fuel operation,” said Rob Darville, Vice President Commercial
fuels Di
vision with SSP Partners. “TelaFuel will help us optimize fuel inventory costs and streamline petroleum supply transactions with our
transportation partners.”
“TelaPoint is very pleased to announce SSP Partners selection of TelaFuel to support its retail and wholesale petroleum goals and is committed to assisting SSP Partners in achieving superior fuel supply efficiencies,” said TelaPoint’s President, Mike Dahlem. “Today’s announcement is another significant milestone for us in executing our vision to provide a comprehensive supply chain solution to all members of the Convenience Store and Petroleum industry.”
TelaFuel is an Internet supply chain software solution that includes Smart ReplenishmentTM, Smart SellingTM and Smart BuyingTM. The TelaFuel solution helps companies realize fewer communication errors with transportation partners, lower fuel inventory and replenishment costs, and make better fuel purchasing and pricing decisions.
All TelaPointTM 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.