Datacor > Case Studies > Increasing Profitability through IoT: A Case Study on Whitaker Oil Company

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 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 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 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

The implementation of Datacor ERP VB software significantly improved Whitaker Oil's operations. The software allowed the company to automate the distribution of reports to key management and sales personnel, providing them with up-to-date information on customer order and invoicing activity. This near real-time information sharing improved the efficiency and effectiveness of the sales team. The software also excelled in managing global price changes, a critical aspect in the volatile chemical industry. The ability to manage price changes quickly and efficiently in Datacor ERP was essential for the company. The business controls provided by Datacor ERP helped Whitaker Oil improve its bottom line.