Paz Oil (Yellow)

Overview
The Paz Group is Israel’s largest vertical energy corporation and supplies one third of Israel’s oil consumption. The company operates a network of 260 retail filling stations and a convenience store chain of 205 Yellow-branded convenience stores.

The Solution
Reducing losses and increasing profits by improving loss and fraud detection capabilities, enforcing operational compliance and increasing operational efficiency:

• The full estate – 260 sites – was rolled out with our  POS and Store Inventory modules.
• Analysts at the corporate offices are the main users
• Automatic reports are generated and sent to all levels: operational management, region managers, and site / store managers.

Benefits

• 20% loss reduction were realized after the first year of operation
• 30% loss reduction were realized after the second year of operation
• Realized earlier detection of irregularities and loss-generating events
• Focus on loss-triggering events which have higher impact
• Enforced operational compliance
• Increased analysts efficiency - more time for investigation and resolution instead of data preparation