Background:
While the traditional K Factor System can work very well in the winter and in the summer, it
is not very accurate in the spring and fall seasons. Because of this,
each software vendor has come up with a variety of ways to try to improve the system.
However, the problem is that there is only so much you can do with an
antiquated K Factor System. So, after 40 years of doing it the same way,
Blue Cow Software created a better way!
What is SmartK?
SmartK is a new and improved method to forecast deliveries that results in
more accurate deliveries. It analyzes over a years worth of delivery
history to create an annual usage model for forecasting future deliveries.
Why do I want to use the SmartK Forecasting System?
Using SmartK will result in larger
deliveries, which in turn requires
fewer deliveries, which will
create a lower cost to operate
your company.
The industry’s average delivery for a 275 gallon tank is 150 gallons.
In a case study, we determine that a delivery company using SmartK
delivered an average of 169 gallons to 275 gallon tanks. That is an increase of 19 gallons per
delivery.
Therefore using SmartK can result in one
less delivery per customer per year.
What would that mean to you? 1 less truck on the road or 1 less driver? OR perhaps 1 more truck
and driver available to make another 30 deliveries
per day.
How
Does SmartK Work?
SmartK requires no user intervention to run. Each time a new delivery is posted,
SmartK will re-analyze historical data to find the best possible forecast model
to use going forward. In the event a delivery is posted that is so far from the
expected quantity that SmartK cannot safely calculate a dependable forecast
model, the location will be automatically returned to traditional DDay system.
|