Fuel Cost Optimization Strategies for Large and Small Businesses

Transport, agricultural, and construction companies spend a significant portion of their annual budget on fuel purchases. This accounts for approximately 30–50% of a company's annual working capital. Such amounts are substantial for any organization, so reducing them is an important task for improving financial and economic conditions. The implementation of modern technologies and effective fuel accounting methods can significantly improve the situation in terms of expenses versus profits.

To reduce the costs of purchasing gasoline and diesel, the company UTNK offers wholesale purchases starting from 15 tons. Buying fuel in bulk is the first step toward saving money, as you avoid paying for inflated retail prices.

What mechanisms can be implemented to reduce fuel consumption?

To achieve maximum savings, there are a number of measures that can effectively reduce fuel procurement costs. Here are the main ones:

• Monitor the technical condition of vehicles. Poor maintenance leads to significant fuel overconsumption, accelerated wear of parts, and increased repair costs. Delayed maintenance can cause delivery failures due to breakdowns on the road or even render the vehicle inoperable.
• Install fuel level sensors on all company vehicles. Real-time monitoring of gasoline or diesel in the vehicle. The accuracy of this device is 99%. The distance traveled by the vehicle should be calculated based on the odometer and GPS data.
• Purchase fuel in large batches and sign long-term contracts. Agreements for purchasing gasoline and diesel in volumes matching annual needs eliminate the costs embedded in the price per liter at gas stations. UTNK offers fuel purchases under long-term deals in any quantity. Delivery of the agreed volume will be carried out by our transport.
• Optimize loads, reduce empty mileage, and improve driving habits among employees. This set of measures can bring at least 10% savings in costs per vehicle. Using the TrustTrack fleet management system can help ensure backhaul loads in both directions.
• Regularly educate drivers on advanced driving techniques. However, talk alone is not enough—implement a bonus system based on monthly, quarterly, or annual results.
• Plan optimized routes. Look for the shortest routes to destinations, but avoid forcing drivers to take roads with poor or no pavement. Also, try to avoid toll roads whenever possible.
• Monitor company vehicles using TrustTrack or a similar fleet management program. It helps determine the location of equipment at the time of inspection, data on vehicle operation, distance traveled, and driving quality.

Implementing these key measures will significantly reduce fuel procurement costs and increase the profitability of the enterprise.

Where to buy fuel for business needs

If you need to purchase high-quality fuel in large quantities, contact UTNK. The company is one of the largest importers of petroleum products in Ukraine. We trade only refined products from European refineries, so you can be confident in the stated properties of the fuel.

Our organization has been engaged in the wholesale sale of gasoline and diesel for enterprises with large fleets for over 15 years. Maritime, river shipping, and railway companies are also among our regular clients.