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Increasing Profitability through IoT: A Case Study on Whitaker Oil Company
Technology Category
- Functional Applications - Enterprise Resource Planning Systems (ERP)
- Sensors - Chemical Sensors
Applicable Industries
- Oil & Gas
- Packaging
Applicable Functions
- Logistics & Transportation
- Procurement
Use Cases
- Inventory Management
- Last Mile Delivery
The Challenge
Whitaker Oil, a fourth-generation, family-owned chemical and composite materials distributor, was facing a significant challenge in managing its complex enterprise. With multiple companies and facilities under its umbrella, the company needed a business software solution that could help them manage and measure profitability at the transaction level. The solution needed to be specifically designed for the chemical industry, considering the unique requirements and challenges of this sector. The company was looking for a solution that could capture every transaction, manage complex batching and blending, inventory management, purchasing, safety, price management, order entry, invoicing, and financial statements.
The Customer
Whitaker
About The Customer
Whitaker Oil is a fourth-generation, family-owned business that began in Atlanta, GA, with a single gasoline pump in the 1920s. Over the years, the company expanded its services to include solvents, bulk storage, custom blending, and packaging to meet the needs of its customers. In 2008, Whitaker Oil further expanded its distribution of polyester resins, epoxy resins, fiberglass, and other composite materials from Florida to the entire Southeast. The company operates multiple companies and facilities, making it a complex enterprise that requires a robust and efficient management system.
The Solution
After researching various software solutions, Whitaker Oil selected Datacor ERP VB from Datacor, Inc. This software was recognized as a leader in the chemical distribution software business, making it a suitable choice for Whitaker Oil. The Datacor ERP VB software was capable of capturing every transaction conducted by the company. It mirrored the entire enterprise, managing complex business processes such as batching and blending, inventory management, purchasing, safety, price management, order entry, invoicing, and financial statements. The software also allowed for the automation of report distribution to key management and sales personnel, providing them with up-to-date information on customer order and invoicing activity.
Operational Impact
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