The Hi-G-Tek system monitors and communicates real-time information regarding the fuel in the company’s secondary distribution chain, from depot to pump, in both Romania and Bulgaria. The data captured by the active-RFID Hi-G-Tek system is processed and then transmitted to Rompetrol’s enterprise software system, which receives and records the information providing Rompetrol the ability to track and monitor inventory, deliveries and asset levels real time.
Rompetrol utilizes Hi-G-Tek’s wireless remote sensing technology to monitor and secure both standard gas stations and unattended, fully automated gas stations. The unattended stations are remote freestanding facilities in isolated areas of Romania and Bulgaria with above ground tanks secured with electronic seals.
The Rompetrol system also includes the Hi-G-Tek Tanker Truck Monitoring Solution (TTMS), providing real time visibility during transport and delivery to the fuel stations, giving the Rompetrol operations team multiple advantages in handling distribution logistics, while providing a preventive for fraud by securing and tracking petroleum products in transit.
Primary benefits include an estimated 20% reduction of excess inventory, an expected 80% decline in fraud and a 25% decrease in rolling stock.
Larry Blue, president and CEO of Hi-G-Tek, said: As Hi-G-Tek continues its relationship with Rompetrol, I foresee our technology affecting a broader portion of the company’s retail operations, which would lead to greater deployment and acceptance of our systems throughout Europe.