Operators Slice and Dice Business Data How Operators Get
Transcription
Operators Slice and Dice Business Data How Operators Get
WWW.NATS O.C O M J U LY/AU G U ST 2 014 THE MEMBER MAGAZINE OF NATSO, REPRESENTING THE TRUCKSTOP AND TRAVEL PLAZA INDUSTRY SERVING THOSE WHO SERVE Operators Slice and Dice Business Data How Operators Get the Best Price on Fuel Meet Chairman’s Circle Members Independent Operators Share Successes YOU NEVER FAIL TO DELIVER. NEITHER SHOULD YOUR ENGINE OIL. No matter the weather or how far the haul, you do what it takes to get the job done. Just like Shell Rotella® heavy duty engine oils. From the wear, deposits and emissions protection of Shell Rotella® T Triple Protection®, and the improved fuel economy of Shell Rotella® T5 Synthetic Blend Technology, to the excellent high/low temperature protection of Shell Rotella® T6 Full Synthetic, there’s a Shell Rotella® engineered to handle your needs. www.rotella.com Join Shell Rotella® MyMilesMatter™ free today to enjoy great rewards. Enter Reward Code STOPWATCHMMM, get 10 Reward Miles instantly.* THE ENGINE OIL THAT WORKS AS HARD AS YOU. * Before December 31, 2013. Limit 1 code per user. WWW.NATSO.COM JULY/AUGUST 2014 THE MEMBER MAGAZINE OF NATSO, REPRESENTING THE TRUCKSTOP AND TRAVEL PLAZA INDUSTRY C OVE R STO RY 14 Serving Those Who Serve The Sacramento 49er Travel Plaza Goes Above and Beyond for Members of the Military FEATU R E S 08 INDEPENDENT OPERATORS SHARE SUCCESSES DURING THE NATSO SHOW 12 MEET NATSO CHAIRMAN'S CIRCLE MEMBERS Chairman Tom Heinz Editor Amy Toner President & CEO Lisa J. Mullings Associate Editor Mindy Long Stop Watch is published bimonthly by the NATSO Foundation, 1330 Braddock Place, Suite 501, Alexandria, VA 22314 Copyright 2014 by the NATSO Foundation. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, without written permission of the publisher. All editorial materials are acceptable and published by Stop Watch on the representation that the supplier is authorized to publish the entire contents and subject matter. Such entities and/or their agents will defend, indemnify and hold harmless Stop Watch and the NATSO Foundation from and against any loss, expense or other liability resulting from claims or suits for libel, violation of privacy, plagiarism, copyright or trademark infringement and any other claims or suits resulting from the editorial materials. Periodicals postage 024-723 paid at Alexandria, VA and other mailing offices. POSTMASTER: Send address changes to Stop Watch, 1330 Braddock Place, Suite 501, Alexandria, VA 22314 16 21 OPERATORS SLICE AND DICE DATA FOR BUSINESS INSIGHTS D E PARTM E NTS 04 Chairman's Letter INSPIRE EMPLOYEES WITH THE SIX MAJOR THEORIES OF MOTIVATION MULTIPLE MARKETS AND SUPPLIERS HELP OPERATORS GET THE BEST PRICE ON FUEL 20 Fuel Up on NATSO Benefits BIZ BRIEF 06 Great Ideas! FIVE TIPS FOR BUILDING AN EFFECTIVE BULK DISPLAY FOUR WAYS TO BE A MORE PRODUCTIVE LEADER AT YOUR TRUCKSTOP We Want to Hear From You! Do you have comments, ideas or suggestions? Don’t hesitate to contact us. The NATSO Foundation 1330 Braddock Place, Suite 501, Alexandria, VA 22314 Email: [email protected] / Phone: (703) 549-2100 http://www.facebook.com/NATSOInc / www.natso.com 24 Member Profile SAPP BROS. ADDS NATURAL GAS 26 Operator 2 Operator WHAT IS YOUR FAVORITE BUSINESS BOOK? CHAIRMAN’S LETTER Are Theories of Motivation and Investment in Team Members Linked Today? A TOM HEINZ CHAIRMAN OF THE BOARD s employers, we strive to have happy employees and reduce our turnover rate. Yet, many of us fail to thoroughly analyze our compensation packages on a regular basis. Even if we’re lucky enough to have turnover rates below the industry average, I think there is always room to improve. Individualizing our compensation packages may be one of the best ways to retain and motivate employees. I encourage my fellow operators to look at the number of motivational theories in industrial psychology and think about how in depth we as employers link these theories to investment in our team members. Take a look at the six major theories of motivation and ask yourself if you’re focusing on them to provide maximum benefits for your team members and companies. SIX MAJOR THEORIES OF MOTIVATION Are we allowing ‘slackers’ to demotivate other team members? 1 EQUITY THEORY JOHN ADAMS ADVICE TO MANAGERS: Address employee motivation and dissatisfaction as separate issues. Redesign work and jobs to build in motivation THEORY SUMMARY: People compare themselves with their peers to see if they are being treated equitably and adjust their own efforts accordingly ADVICE TO MANAGERS: Make certain that all employees are treated fairly. Address issues of inequality immediately 4 July/August 2014 Are we motivating members on all five levels Are we mitigating team of need? members’ dissatisfaction in things, such as policies, red tape and working conditions? 3 HIERARCHY OF NEEDS ABRAHAM MASLOW 2 TWO FACTOR THEORY FREDERICK HERZBERG THEORY SUMMARY: People are motivated by things like achievement, recognition, meaningful work, responsibility and growth. People are dissatisfied by things like policies, especially "red tape" and working conditions THEORY SUMMARY: People are motivated by five levels of needs: (1) physical, (2) safety, (3) social, (4) esteem and (5) self-actualization. As lower level needs are met, those at higher levels become more important ADVICE TO MANAGERS: Address employee motivation and dissatisfaction as separate issues. Redesign work and jobs to build in motivation ADVICE TO MANAGERS: Address employee motivation and dissatisfaction as separate issues. Redesign work and jobs to build in motivation CHAIRMAN’S LETTER Unfortunately, after asking these questions within our company, we plead guilty to answering no to some. How does your company answer them? Regards, Tom Heinz Coffee Cup Fuel Stops & Convenience Stores, Inc. NATSO 2014 Chairman Are we providing team members with a sense of achievement after they achieve preset goals? Are we providing team members opportunities to succeed while making clear the links between rewards and success? Are we allowing team members to offer input when establishing their measurable goals? 6 EXPECTANCY THEORY VICTOR VROOM 5 GOAL SETTING THEORY GEORGE ODLORNE 4 THREE NEEDS THEORY DAVID MCCLELLAND THEORY SUMMARY: People have three basic needs: (1) achievment (nAch), (2) affiliation (nAff) and (3) power (nPow). A sense of achievement is particularly important in the workplace THEORY SUMMARY: People are motivated when they participate in setting challenging goals for themselves, understand their role in achieving those goals, and progress can be determined ADVICE TO MANAGERS: Set moderately difficult goals for employees; provide lots of concrete feedback regarding achievement ADVICE TO MANAGERS: Establish measurable objectives in consulation with employees; link objectives to larger company goals provide regular feedback THEORY SUMMARY: People are motivated when they expect their effort will succeed in producing a particular outcome and that outcome has value for the person ADVICE TO MANAGERS: Give employees many opportunities to succeed; amply reward success; make clear the links between rewards and success www.natso.com 5 DARREN’S GREAT Darren Schulte, NATSO’s vice president of membership and a retail expert, writes a biweekly retail column on NATSO’s blog. We feature the best here in Stop Watch magazine. Join Schulte on NATSO’s website at www.natso.com/great-ideas to read his digestible retail tips every other Thursday. FIVE TIPS FOR BUILDING AN EFFECTIVE BULK DISPLAY AT YOUR TRUCKSTOP If you want to sell product that drives retail sales, you need to be in the business. Some locations establish that they are in the business of a particular category by creating power aisles. Others create power walls, but the simplest, easiest to execute and often the most effective tool is a bulk-stack program. As you know, items that sell well in bulk displays are 40-quart thermoelectric coolers, gallons of water, additives, TVs, 12-packs of this and 12-packs of that, diesel exhaust fluid (DEF) jugs, etc. If you are creative, you can really bulk stack almost anything. 2. You really can generate additional sales if you have the right product properly merchandised in floor bulk displays. However, bulk displays can easily go wrong. Here are five tips for building effective bulk displays to effectively utilize this type of retail display: 1. Think of bulk-stack programs like they are your own department store windows where shoppers and buyers alike wonder what the next visit to your operation will bring. Be sure to get creative—bulk-stack programs allow you to introduce and test new products without using up valuable high-performing retail shelf space. But be smart too. Make sure they speak to your customers’ wants and needs. 3. Bulk displays are great for selling seasonal and holiday items. Use these highly visible displays to celebrate holidays with your customers, endearing them to you and creating an association between your location with holiday and seasonal fare. Examples include deer food during hunting season, firewood at the beginning of winter, and 7-Up, ginger ale and punch bowls during the holiday party season. As always, be sure to work with your vendor well in advance of the holiday to create a great promotional program with their marketing assistance. Do not decorate your bulk displays with handwritten signs. Instead, work with your vendor to create professional, well-done promotional pieces. 4. Bulk displays can easily become a dumping ground. Be sure your vendors know that they can’t just dump stacks of soda wherever they want in the store. Instead, designate specific areas for bulk displays. If you need to raise the product off the sales floor, ensure that it is not done simply by turning over some old crates and displaying merchandise on top of them. 5. Bulk-stack programs can create multiple destinations within your retail environment. When done properly, they can be used to steer customers to areas within your retail operation that are shopped less frequently because they are out of sight and therefore out of mind. FOR MORE INFORMATION contact NATSO's Member Care Specialist Kimberly Roberts at (703) 739-8573 or [email protected] Read six more tips on NATSO’s blog at http://www.natso.com/blog/bulkdisplays. 6 July/August 2014 HAVE A RETAIL MERCHANDISING, MARKETING OR OPERATIONS QUESTION? Reach out to Schulte at [email protected] or (703) 739-8562 and he’ll answer your question in the next Darren’s Great Ideas! for Independent Operators. FOUR WAYS TO BE A MORE PRODUCTIVE LEADER AT YOUR TRUCKSTOP 3. MANAGE VENDORS While no two days are ever exactly the same for truckstop and travel plaza operators, one thing that is consistent is there is never enough time to get everything done. To succeed, independent operators need to excel at the basics while constantly strategizing and innovating for the future. Managing vendors can suck up a lot of truckstop operators’ time. To make sure this time is productive, here are some ideas: I’ve never understood why it is status quo in the industry for vendors to stop by at any time they choose. Instead, give regular vendors a specific time slot for them to deliver goods. Be sure to group of all of these appointments together. Here are four ideas to help you be a more productive leader at your truckstop: 1. USE TECHNOLOGY TO SEND AUTOMATIC UPDATES Today’s point-of-sale systems provide dashboards and automatic updates. Identify a handful of important metrics that you review and have them sent to you automatically (see a related story on data and metrics on page 16). For example, you can receive a daily email with your gallon numbers. Use these updates to stay focused on the important metrics. Use calendar reminders to help you remember key follow-ups and initiatives. Send yourself voicemails, emails or texts with details, pictures and reminders. Use the technology at hand to make you more productive. 2. MAKE THE MOST OF TIME AWAY FROM THE LOCATION Most truckstop operators spend their days putting out fires. Carving out significant chunks of time to get any real work done is a challenge. With today’s technology, it is easier than ever to work remotely. You can now keep an eye on the business directly from your smartphone using an inexpensive security camera system, for example. During working hours our focus is tactical. When you are away from work the freedom from the “fire” allows for improved strategic thinking. It is difficult to think big picture when the course of the day forces you to be in the weeds, so finding a time to be strategic is the key to successful big picture thinking. Do your strategizing and critical thinking on your way to work or on your way home on a regular basis. Or if you would just rather blast out in the car on your commute, do it before you start or end your day. This allows you to prepare for the day as you arrive and decompress from the day as you depart. Make sure vendors know they must call at least 24 hours in advance. That way you can plan for their arrival and block out time so you can give them your full attention. Ideally have them email information on new or sale items before visiting so you can prepare. Also, don’t forget to collaborate with vendors to increase your truckstop sales. 4. CALL A COLLEAGUE FOR ADVICE Whenever you are stuck, there is always another manager to call for advice. Get to know your colleagues at The NATSO Show 2015, Feb. 16–19 at the Wynn Las Vegas. ■ READ FOUR MORE TIPS on NATSO’s blog at http://www.natso.com/blog/productivetruckstopleaders. www.natso.com 7 INDEPENDENT OPERATORS SHARE IDEAS FOR GROWTH AND CUTTING COSTS DURING BY MINDY LONG Independent truckstop and travel plaza operators are constantly seeking out new products, great ideas and the latest business innovations. But NATSO members aren’t just in search of new ideas, they’re more than willing to share them with their peers. Hundreds of truckstop and travel plaza operators gathered together for The NATSO Show 2014 in Nashville, Tenn., and ideas were everywhere. Whether they were presenting on a panel, chatting on the show floor or striking up a conversation between sessions, operators shared their ideas for growth as well as cutting costs. Independent Operators Share Great Ideas for GROWTH Operators shared their stories about the new programs and innovations that are helping their locations succeed. IMPROVING OPERATIONS ISN’T JUST ABOUT SELLING MORE PRODUCTS, IT IS ALSO ABOUT CUTTING COSTS. LONDON AUTO TRUCK London Auto Truck’s Chris Sanders said he is known for thinking outside of the box. Sanders has boosted his profits by adding new products and finding new ways to sell the products his location was already known for. 8 July/August 2014 ROAST BEEF TO GO London Auto Truck is well known for its roast beef in its restaurant, so Sanders is capitalizing on it. “I’ve taken the roast beef we’re famous for and sliced it deli thin and packaged it to sell. We’re doing the same with ham and cheeses,” he said. IDEAS FROM THE NORTH AND SOUTH Sanders told Stop Watch that some of his best ideas have come from simply talking with his customers. “I found out that a lot of customers that stop at my location are from Ohio and Michigan. Instead of just looking at what is selling regionally, I started talking to my vendor and asked about what is selling well in Ohio and Michigan,” Sanders said. As a result, he brought in a certain brand of chips, Grippos, that sell well in Ohio. “They sell like hotcakes. They sell so well that now I have four linear feet with the whole gondola full of those chips,” Sanders said. Sanders also discovered that while his local customers like milder tasting products, people north of him like things spicy. “I brought in more of the flaming hot and that is selling really well,” he said. CANDIES AND COCONUT WATER Among out-of-town shoppers at London Auto Truck, nostalgia candies sell well as does coconut water. “You can’t please everybody, but you can take a look at who is stopping at your store. Since I’ve done that, my sales last year were up 10–15 percent depending on the category and this year I’m looking to be up 20–22 percent over last year,” Sanders said. “It is great to support your local farmers and growers and those that are trying to do something different.” COREY BERKSTRESSER LEE HI TRAVEL PLAZA LEE HI TRAVEL PLAZA REGIONAL SPECIALTIES Corey Berkstresser of Lee Hi Travel Plaza has found success with regional offerings. “We are trying to appeal to people that are traveling and looking for that unique gift,” he said. “We have cheese made five miles away, apple butter made by the local volunteer fire department and honey that is made five miles away.” Berkstresser also sells Virginia peanuts and, during certain times of the year, salted Virginia hams. “We’re trying to work with our local artisans,” he said. “It is great to support your local farmers and growers and those that are trying to do something different.” Fried pies have become a best seller at Lee Hi Travel Plaza. A Mennonite bakery delivers the pies twice a week. Berkstresser recommended that other operators think of what their state or local area is famous for. “You have to remember your market. These people aren’t around you all the time,” Berkstresser said. ONE-OF-A-KIND CRAFTS Lee Hi also sells postcards an employee creates. “We have a girl that works for us and she takes pictures of the area and makes her own black and white postcards. That is an item you aren’t going to find anywhere else,” Berkstresser said. HOMETOWN SOUVENIRS FULL-SERVICE PUMPS Berkstresser has also found that people want to purchase items that market the town as well as the truckstop. Lexington, Va., is the home of the Virginia Military Institute and Washington Lee University. Students often visit the location. After they graduate they come back for alumni weekends. “All the guys come in and say, ‘I used to come here all of the time.’ They want a Lee Hi t-shirt or hat. I sell 250 shirts a month,” Berkstresser said. Another way Berkstresser differentiates the location is by offering full service at the fuel islands. “We pump the fuel and wash the windows. It is an extra service and it gives the driver an opportunity to come inside the store, grab a cup of coffee and a fried pie,” he said. www.natso.com 9 Independent Operators Share Great Ideas for CUTTING COSTS TEN MORE GREAT IDEAS FROM IMPROVING OPERATIONS ISN’T JUST ABOUT SELLING MORE PRODUCTS, IT IS ALSO ABOUT CUTTING COSTS. During the Great Ideas Session for Independent Operators at The NATSO Show 2014, operators told each other some of the things they plan to try throughout the year to boost their profitability. Here are ten ideas that were heard around the room: HIGHLANDS PETRO LEE HI TRAVEL PLAZA Matt Albrecth with Highlands Petro was able to cut his electric bill in half in certain areas of the business by installing new energyefficient lights. For example, in the shop they went to energy efficient lights and installed motion sensors to automatically turn off lights when some areas weren’t being used. Albrecth worked with a consultant who helped him measure their existing light and provide insights on upgrades. “We did the analysis and saw the energy savings,” he said, adding that after they upgraded lighting in the shop, they upgraded lighting at the canopy and at the fuel islands. Lee Hi was able to increase revenue by renting what once was an empty office to a local trucking company. “We had extra space and now they have a hub here,” Berkstresser said. Berkstresser encourages other operators to look around their locations to see if there is any wasted space that they could capitalize on. “We made a campground out of a hilly area that we weren’t using. It is an additional service to the traveler,” he said, adding that people who stay in the campground purchase camping supplies from the travel store and also eat in the restaurant. ENERGY-EFFICIENT LIGHTS PROFITS FROM EMPTY SPACE INSIDE AND OUTSIDE SAVE THE DATE FOR THE NATSO SHOW 2015 The NATSO Show 2015 promises to bring more independent operator great ideas sharing. Save the date to attend February 16–19 in Las Vegas, Nev. Visit www.natsoshow.org for more information. 10 July/August 2014 Implement a loyalty card. Cut services that are slow at certain times and cut down the number of options—you don’t need 20 types of peanuts. Add more and improve on healthy food options. Get rid of things that aren’t selling. Find new ways to incentivize employees either with profit sharing or an increase in sales incentive motivations. Train employees for better customer service and up selling. Prepackage food from the restaurant and sell it as a grab-and-go and purchase bulk vegetables and put them in cups for grab-and-go. Hire someone to handle social media. Increase quick-service restaurant offerings. Implement a card that will turn on the pump for people who want to pay cash so they don’t have to come inside and pay before fueling. Is Uncertainty Holding You Hostage? Every employer, no matter what size, has to deal with human resource issues, regulations, and employment law changes. Contact your local marketing representative to learn how Federated Insurance can help you address issues such as hiring, firing, and disciplinary actions with an employee handbook building tool, sample policies and procedures, and access to independent employment law attorneys. Visit www.federatedinsurance.com to find a representative near you. *Not licensed in the states of NH, NJ, RI, and VT. © 2014 Federated Mutual Insurance Company CAT Scale Co. CAT SCALE ® Delia Moon Meier 515 Sterling Drive Walcott, IA 52773 (563) 284-6263 (563) 284-6475 [email protected] www.catscale.com Double Coin Tire Walter Weller 406 E. Huntington Drive, Suite 200 Monrovia, CA 91016 (626) 500-8452 (626) 301-9579 [email protected] www.doublecointires.com Federated Insurance Chevron Products Co.— Global Lubricants-Americas Region Patty Looney 394 S.W. 27th Terrace Delray, FL 33445 (561) 632-7347 (561) 921-0367 [email protected] www.deloperformance.com Coca-Cola Refreshments Brenntag North America Bill Buzbee 5083 Pottsville Pike Reading, PA 19605 (615) 631-9961 (615) 349-3529 [email protected] www.brenntagdef.com J. T. McMahan 2500 Windy Ridge Pkwy. Atlanta, GA 30339 (770) 200-8892 (770) 989-3565 [email protected] www.thecoca-colacompany.com DAS Companies Inc. Bridgestone Commercial Solutions Roger Phillips 535 Marriott Drive, 8th Floor Nashville, TN 37214 (615) 937-3405 (615) 493-2712 [email protected] www.trucktires.com 12 July/August 2014 Gordon Price 724 Lawn Road Palmyra, PA 17078 (717) 507-0363, or corporate office: (800) 251-9104 ext. 259 (800) 842-1992 [email protected] www.dasinc.com Jerry Leemkuil 121 E. Park Square Owatonna, MN 55060 (507) 455-5507 (507) 455-7840 [email protected] www.federatedinsurance.com First Data Dan Hudson 5565 Glenridge Connector NE Atlanta, GA 30342 (703) 398-5831 (402) 315-5452 [email protected] www.firstdata.com Gilbarco Veeder-Root Dena Lee P.O. Box 22087 Greensboro, NC 27410 (336) 547-5114 [email protected] www.gilbarco.com Howes Lubricator Stephen Sikorsky 60 Ocean State Drive North Kingstown, RI 02852 (401) 294-5500 (401) 294-4229 [email protected] www.howeslube.com KSG Distributing Inc. Orion Food Systems S&D Coffee & Tea Don Paddock 1121 Flint Meadow Drive Kaysville, UT 84037 (801) 390-3820 (801) 991-1821 [email protected] www.ksgdist.com Todd Friese 2930 W. Maple St. Sioux Falls, SD 57107-0745 (605) 838-7887 [email protected] www.orionfoods.com McLane Co. Inc. Paragon Solutions Inc. Jim Edmonson 300 Concord Parkway S. Concord, NC 28027 (800) 933-2210 (336) 664-0009 [email protected] or John Morris (800) 933-2210 (804) 794-2725 [email protected] www.sndcoffee.com Steve Brady 4747 McLane Parkway Temple, TX 76504 (254) 771-7064 (254) 771-7097 [email protected] www.mclaneco.com Michelin North America Josh Jarvis One Parkway South Greenville, SC 29615 (864) 458-4574 or (505) 307-8797 [email protected] www.michelintruck.com Michael Lawshe 201 Main St., Suite 1150 Fort Worth, TX 76102 817-927-7171 ext. 201 (817) 927-8131 [email protected] [email protected] Randall-Reilly Publishing Robert Lake 3200 Rice Mine Road N.E. Tuscaloosa, AL 35406 (205) 248-1235 (205) 345-0958 [email protected] www.rrpub.com Mobil Delvac Renewable Energy Group Craig Barr 1031 N.W. 43rd Ave. Camas, WA 98607 (360) 601-9797 (280) 445-2299 [email protected] www.mobildelvac.com Jon Scharingson 416 S. Bell Ave. Ames, IA 50010 (515) 239-8042 (515) 509-1259 [email protected] www.regi.com Shell Lubricants Christian Peters 910 Louisiana Houston, TX 77002 (731) 241-2571 (281) 482-4189 [email protected] www.rotella.com The Trucker’s Friend—National Truck Stop Directory Robert de Vos P.O. Box 476 Clearwater, FL 33757 (727) 446-2866 (727) 443-4921 [email protected] www.truckstops.com Valvoline Gigi Rollins c/o Bobbi Brophy 3499 Blazer Parkway Lexington, KY 40509 (843) 793-8490 (859) 357-2359 [email protected] www.valvolinehd.com www.natso.com 13 FOUNDATION UPDATE Serving Those Who Serve BY MINDY LONG embers of the military are committed to serving their country, and the nation’s truckstops and travel plazas often go above and beyond to serve the soldiers who stop at their locations. Earlier this year, the Sacramento 49er Travel Plaza, Sacramento, had more than 2,000 members of the Army pass through its doors in a threeday period. To serve them, Tristen Griffith, general manager at the location, worked with the troop coordinator, created troop specials and stocked extra supplies. What’s more, she did it all with only two days notice. “After the initial panic, we amped up our staffing, ordered in extra hot dogs, went out and purchased cell phone chargers, and then strategized on how to filter them through the store and bathrooms,” she said. M 14 July/August 2014 A total of 50 busses with about 40 soldiers on each arrived over three days. The soldiers deployment overseas had been canceled and they were being reassigned from Barstow military base to an Army base in Washington State. Griffith said there have never been that many people in the location at once. “We were so impressed by their courtesy and politeness. Because of this, we never realized there were 250 people in the store at once,” she said. The troops lined up outside the location and then made their way through the store and restrooms. “We opened up several of our showers just so we had more restroom stalls,” Griffith said. After the first bus arrival, Griffith and her staff realized that all of the soldiers wanted to charge their cell phones while they waited, so they brought out extension cords with multiple outlets. “They hung out in our restaurant and game room near FOUNDATION UPDATE Whether locations are serving busloads of troops, soldiers passing through or military veterans, there are several ways they can show their support for those who either are serving or have served. Here are a few ideas: Encourage your employees to express thanks whenever they see someone in uniform or a veteran. Create military specials that you can offer on patriotic holidays, such as the Fourth of July or Veteran’s Day on Nov. 11. Owner Terry Rust welcomes several members of the Army. the outlets as well,” she said. “They were very thankful.” Before the soldiers arrived, Sacramento 49er worked with the troop coordinator to create and promote troop specials on candy bars, hot dogs, Pop Tarts and drinks. Griffith said portable cell phone chargers were a popular item among the soldiers, as were food items. “There was a mix between those that purchased healthier foods/drinks and sodas/candy bars,” she said. In addition to serving the busloads of soldiers, staff at Sacramento 49er continued to serve professional drivers and the traveling public. Griffith said her customers were supportive of the troops. “A lot of the truckers were giving fist pumps and a couple even gave hugs as they were former troops,” she said. “In fact, we were going to move one of the drivers to the front of the line so he didn’t have to wait, and the trucker said, ‘Absolutely not! That is not right. They must go first.’” ■ Organize a care-package party and provide a location for customers to drop off items you can send to those stationed overseas. The group Blue Star Moms (http://www. bluestarmothers.org) can help you coordinate with soldiers who could use a package. Accept financial donations for the USO (http://www.uso.org), which provides care packages and other support for members of the military. Provide staff with time off to visit a veterans’ hospital. Hold a special lunch for members of your staff who have served in the military. Work with your local VA to generate ideas on how you can honor veterans in your community. www.natso.com 15 OPERATORS SLICE AND DICE DATA for Business Insights Business owners have data coming at them from a number of sources. While information is good, it isn’t enough. Operators need to analyze and act on the data in order to gain a competitive advantage over their peers. BY MINDY LONG 16 July/August 2014 I nformation is everywhere and the number of sources producing information is constantly increasing. Big data—a popular term used to describe the growth and availability of both structured and unstructured information—is changing the way many companies operate. Today’s operators are relying on insights from their customers, internal processes and business operations to uncover new opportunities for growth. The challenge with any data set is converting it into useable information by identifying patterns and deviations from those patterns. By analyzing both internal and external sources of data, operators are able to better understand their customers, identify trends and predict sales. “Data in a snapshot is almost meaningless. It is the trend analysis that is the most important thing to do with data,” said Tom Heinz, president of Coffee Cup Fuel Stops Inc. Heinz reviews data and business metrics daily and looks at the numbers year over year, month over month or even broken down by the time of day, he said. There are many ways to look at metrics, comparisons and ratios, and the data operators should look at depends on what they’re trying to understand, said Darren Schulte, vice president of membership for NATSO. For example, looking at sales and customer counts by time of day helps Heinz build his staffing ma- trix. “Since we’ve been refining our labor matrix, we go back and refine them by the hour.” Examining the bi-weekly payroll dollars versus sales numbers in the departments can help operators stay ahead of over/under staffing. “Some people use their gut feeling when doing their schedule, but you can look at the sales data to see when you are the busiest,” Schulte said. “But, just because most of your sales data is from a certain day, that doesn’t mean it is your busiest day.” Deanne Schatz-Eisenschenk, operations manager of the Petro Stopping Center in Fargo, N.D., monitors her profit and loss statement monthly to look at margin percentages and if gross profit margin dollars are increasing or decreasing. She also looks at fuel volume/deal reports and inventory-on-hand versus sales. One of the biggest mistakes operators make is forgetting how revealing some of their data can be. “Often times you may look at the number but not focus on the trend of that category,” Heinz said. For example, during the Great Ideas session at The NATSO Show, executives from WaWa said the two metrics they look at daily are transaction count and gross profit. “Those two matrixes are critical,” Heinz said. “If they keep going up, you’re doing something right.” Operators can dig a little deeper to look at what the numbers really mean. “You may look at your gasoline sales and see that you’re super busy on a particular day but then realize that on that day, 90 percent of your transactions or more were paying at the pump,” Schulte said. When looking at data, operators should examine weekly sales and transactional data. Direct comparisons can reveal a lot, but operators need to be careful. “You may be looking at a Tuesday this year that was a Saturday last year. When you do comparisons be sure to understand what you’re really looking at,” Schulte said. QUICK TIP: Data itself doesn’t provide value, but its analysis does. NATSO members are looking at their information in a number of ways to identify trends and gain insights into new products and services that are boosting sales and increasing profits. UNCOVERING THE DATA While there are a number of data sources operators can tap into, Schulte said that often times, less is more. He recommends operators start by looking at their most accessible data first. Most POS systems already have some sort of a reporting tool, and Schulte recommends operators first look at what their systems can do. “Look at the simple data you get off of your current point-of-sale or other system. It can be something as simple as tracking your daily sales, the number of no sales your register has, how much fuel is in your tank or your inventory in your food service area,” Schulte said. “Then figure out the top 10 things are that are important for you to look at daily (for ideas, see sidebar) and create a report or put them in a spreadsheet. Even if your system can’t put the information together for you, it is still collecting it,” Schulte said. Schulte said most operators tend to think more data is better, but they may already have all of the information they need. “It is important to remember that even without sophisticated point-of-sale (POS) systems, each of the operators in our industry has a plethora of data that they can capture,” he said. In addition to data collected from the POS, a large amount of data can be collected just by asking, observing and simply tracking on pen and paper. Often times, vendors can supply locations with their purchasing report, but in order for that report to be helpful, operators need to compare the data with their internal reports. “If you don’t actually go the extra mile and do some hard-core comparisons to what you actually sold by using your back-office system, you don’t really have anything other than what you bought. You have to use that data to figure out how to compare it and balance it with what’s sold,” Schatz said. Schulte said that all vendors should be providing operators with some type of review that shows trends in a particular region. “They will not share the names of the competition, but what they can do is color code the competition and show comparisons with Store A, Store B and Store C. They should also be able to share regional, national and local information with you,” Schulte said. “A quarterly review is the best way to do it, but at least once a year.” www.natso.com 17 Metrics Operators Should Measure Daily and Monthly While simply collecting data does not improve a location’s profitability, it does create actionable takeaways. To ensure those takeaways are meaningful, operators should review certain metrics on both a daily and a monthly basis. Darren Schulte, NATSO’s vice president of membership, recommends operators tap into this data on a daily basis: 1. Fuel gallons sold for both diesel and gasoline compared to the daily average, budget and last year. “Numbers never lie. You can make decisions on what is or isn’t selling based on real numbers that actually ran through your till, and then decide if it’s time to either move something to another area, get rid of something, etc.” DEANNE SCHATZ-EISENSCHENK OPERATIONS MANAGER PETRO STOPPING CENTER, FARGO, N.D. 2. Retail sales compared to the daily average, budget and to last year. 3. Food service sales compared the daily average, budget and to last year. 4. Retail inventory level daily and compared to last year. 5. Invoice deliveries, including fuel deliveries. 6. Labor ratio to sales. 7. Returns. 8. Voids, no sales, item corrections and drawer open too long. 9. Average ticket/sale per register, shift and overall day in each profit center. 10. Transaction counts compared to last year in each profit center and as a total. But, it doesn’t stop there... Schulte also recommends these simple yet effective monthly metrics: 11. Gross margin dollar and percent comparison in all categories compared to last year and budget. You may also want to consider looking at fuel profitability as a percent instead of cents per gallon. 12. Total labor cost [benefits, training, etc.] comparison to last year and budget by profit center. 13. Inventory shrink variation compared to last year and budget. 14. Comparable sales for all profit centers including shop, quick-service restaurants, restaurants, etc., as well as to budget. 15. Profit and revenue dollars comparison for “other income” to last year and budget, includes ATM, video arcade, showers, parking, etc. 16. Fuel margin per gallon compared to last year and to budget. 17. Total operating expenses divided by total fuel gallons sold. 18 July/August 2014 USING DATA TO INSPIRE ACTION While information is king, operators should ask themselves if they’re collecting data for the sake of collecting it or if they are acting on it. “Collection of data does not make you a better operator and collecting data because everyone else is doing it does not make you more profitable. It is the collection of data that is actionable and that you execute makes you a better and more profitable operator,” Schulte said. Schatz-Eisenschenk uses her data to influence future business decisions. “Numbers never lie,” she said, adding that operators have all the data that really matters inside their store or their back office. “You can make decisions on what is or isn’t selling based on real numbers that actually ran through your till, and then decide if it’s time to either move something to another area, get rid of something, etc.” The sheer amount of data operators have coming in from multiple sources can be overwhelming. To keep his data organized, Heinz uses a pro-forma ma- trix he built himself. “The back-office systems also come with a lot of menu driven reports,” he said. Schatz-Eisenschenk organizes her data by month and divides it into the categories that drive her business. “Meaning I keep a file on Pepsi/Coke, Frito Lay, RJ Reynolds, Philip Morris and our grocer,” she said, adding that while she can’t do anything about the margins on some of the items, she can maximize profits on her grocery items. She does that by maximizing the space allocated to those products, including private-label waters, deli foods made in house and grocer specials. For Schatz-Eisenschenk it is also important to know who her customers are. She looks at data from PRS every month. “They detail our fuel transactions down to the company and to the profit off of that company, and you can adjust those deals based on usage or whatever your fuel discount strategy is or isn’t,” she said. Schatz-Eisenschenk said the report is an excellent tool even for operators who don’t have fuel deals in place to see who is fueling at the location and who is using a fleet card. It helps identify which customers you should connect with either to deepen your business relationship or if you want input on ways to improve, she said. USING BIG DATA TO MAKE SENSE OF YOUR DATA Not only does Heinz look at internal data sources, he also reads a variety of publications to stay current on national and global news. “Reading the papers let’s you to keep a pulse of what is going on,” he said. “In today’s environment you can’t just look at what is going on in your own company. You have to look at what is going on in your market, your state, the nation and the globe.” To help operators stay current on industry-related news, the NATSO Foundation’s Biz Brief compiles the latest news on topics such as leadership, freight logistics and economic indicators that either do or will affect truckstop and travel plaza operations. The briefs provide the daily business intelligence via email, and operators can sign up at http://www.natso.com/natsofoundation (learn more about Biz Brief on page 20). The NATSO Foundation’s Biz Brief compiles the latest news on topics such as leadership, freight logistics and economic indicators that either do or will affect truckstop and travel plaza operations. SIGN UP AT HTTP://WWW.NATSO.COM/BIZBRIEF While Heinz looks at his internal data on traffic counts, if he sees that something is changing, he takes it a step further and taps into external data sources to understand why. For example, if heavy-truck traffic counts are down, Heinz turns to the Department of Transportation to compare trends within his locations to overall traffic trends. “I also go to the scales and ask what is the traffic count doing year over year at the scale and they’ll tell me. Car traffic is the same way. They have counters set up throughout the state and you can look at the overall data,” Heinz said. When Heinz sees shifts in gas volume, he looks at the trends in the average miles per gallon for new vehicles. “You can talk to the car dealers or walk the car dealer lot and see what the new mileages are on the stickers,” he said. Heinz also turns to industry and business magazines to stay current on overall data. “I look at Transport Topics and other periodicals to see what new truck sales are doing. The average number of new truck sales indicates what is going to go on with diesel volumes and DEF volumes,” he said. Heinz also turns to national data to keep current on labor trends. “Naturally they put the labor reports out every two weeks on the national level. They have local labor statistics and what is going on in different markets. It is good to know how that trend is going to know where your pay scale is and if your pay scale is right for your market,” he said. Heinz also keeps an eye on the price of crude oil prices. “I look at what direction crude is going every day. That sets the cost of both of our major commodities—gas and diesel,” he said. For several years Heinz has been following railroad trends. “The Bakken oil field in North Dakota and the amount of oil being moved by rail is changing transportation in the Midwest,” Heinz said. “The widening of the Panama Canal and how much money they’re spending revamping the ports on the East Coast tell us that shipping is going to be changing,” Heinz said. Schulte said that whatever ratios, comparisons and metrics operators are going to look at, they should look at them regularly without fail. “If they are daily metrics, then you view them and discuss the findings with members of the management/ staff daily. The same applies to weekly and or monthly metrics you review,” he said. ■ www.natso.com 19 NEW MEMBERS FUEL UP ON NATSO BENEFITS BY AMY TONER WE KNOW NATSO MEMBERS don’t have tons of time to research all the knowledge resources and business solutions NATSO offers. It is a good thing we are experts in all things NATSO. Read on to learn about just one of the many resources NATSO provides. BIZ BRIEF In today’s information-overloaded business world, we often find ourselves deluged with literally hundreds of news items from dozens of sources. While it is likely impossible to read every article and remain productive, by not doing so we risk missing the one article that could change a key business practice or thought process. And that is where the NATSO Foundation’s Biz Brief provides assistance! The NATSO Foundation's Biz Brief is a daily collection of the most relevant business intelligence for truckstop and travel plaza operators. Biz Brief is the latest tool in the foundation’s arsenal of programs and products aimed at strengthening travel plazas’ ability to meet the needs of the traveling public through improved operational performance and business planning. Delivered daily via email, Biz Brief is specifically designed to deliver daily business intelligence for the truckstop and travel plaza community of owners and operators. As editor of Biz Brief, Roger Cole scans hundreds of news sources daily to curate a condensed set of articles on topics such as leadership, freight logistics and economic indicators. NATSO members can sign-up to receive Biz Brief daily at http://www.natso.com/bizbrief. ■ 20 July/August 2014 NEW TRAVEL PLAZA MEMBERS CST BRANDS INC. One Valero Way, Bldg. D, Suite 200 San Antonio, TX 78249 PHONE: (210) 692-2226 CONTACT: Cindy Henderson FREEWAY 147 (FLYING J DEALER #511) 3825 Business Loop Mandan, NE 58554 PHONE: (701) 663-6922 CONTACT: Lyle Wood KLAPPERSCHLANGE LLC (PILOT DEALER #871) 473 Suedburg Rd. Pine Grove, PA 17963 PHONE: (570) 915-6644 CONTACT: Tina D’Agostino NEW ALLIED MEMBERS BELL PLANTATION 7902 Magnolia Industrial Blvd. Tifton, GA 31794 PHONE: (229) 387-7238 FAX: (229) 391-6039 CONTACT: Jill St. John EMAIL: [email protected] WEBSITE: www.bellplantation.com MOHAWK HOME 3032 Sugar Valley Road, NW Sugar Valley, GA 30746 PHONE: (865) 310-3838 FAX: 706-625-9329 CONTACT: Wes Milstead EMAIL: [email protected] WEBSITE: www.mohawkhome.com K&S UNIQUE LLC 3468 Webster Ave. Perris, CA 92571 PHONE: (951) 657-8411 FAX: (951) 657-8812 CONTACT: Ken Neiswonger EMAIL: [email protected] WEBSITE: www.knsunique.com Multiple Markets and Suppliers Help Operators Get the Best Price on Fuel BY MINDY LONG Diesel fuel and gasoline are the lifeblood of a truckstop and travel plaza. Not only are they high-priced items, there is little margin, so finding the best price on each load is crucial. Plus, operators need to keep a steady supply flowing and work to minimize disruptions during periods of peak demand or bad weather. D iesel fuel and gasoline are too important to truckstop and travel plaza operations to leave the purchasing up to chance. Operators said they are working with multiple suppliers, utilizing contracts and securing lines of credit to ensure they always have product available and are getting it at a good rate. Operators said one of the most important things they do to ensure ample product at the best price is to establish relationships with more than one supplier. www.natso.com 21 Mark Augustine, president of Triplett Inc., has supply agreements with at least a different dozen suppliers at the terminals near him. “We make sure we have all of the options open,” he said. Dolores Santos, a sales executive with Axxis Software, an OPIS company, suggests operators study their market to find out what terminals and spot markets supply their sites. “Do your homework on the suppliers in your market. Run a rack price history for the city or cities you buy in to see how they price their product relative to other suppliers,” she said, adding that services, such as OPIS and Platts, can provide detailed historical information. Once operators get that information, they can use it to identify who supplies products at the terminals they typically buy from and contact the sales representative for each company to learn more about them. Santos suggests operators ask for references and talk to other customers that buy from the supplier. “Find out how they operate and if their values match yours,” she said. Then, operators should try to build relationships and establish credit with the suppliers in their markets that are the best matches for their business, Santos said. In addition to looking at their closest suppliers, operators should also look at their entire region. “They need to look at their market and surrounding markets for backup. I would look at a 100-mile radius to see what backup terminals are out there,” Santos said. “When they go to look for contracts, they need to look at their area and see 22 July/August 2014 the racks they pull from and then see the next closest terminal.” Operators can find pipeline maps on the government’s National Pipeline Mapping System at https:// www.npms.phmsa.dot.gov/. “You can also use Google to find them. You don’t have to be an expert, but you have to know where your product comes from,” Santos said. In addition to looking at their closest suppliers, operators should look at their entire region, Santos said. Dan Alsaker, president of Broadway Flying J, said it is important for operators to look at multiple markets. “You have to go look for them and you have to establish relationships, but it is vital to have those kinds of choices,” he said. “We have refineries and we have rail. The new thing has been the efficiency and availability of refined rail cars and they can come from anywhere.” Alsaker said he has some very old and reliable relationships, but he is constantly vetting out new opportunities. “Maybe 10 percent of new opportunities we look at ever get to fruition,” he said. BRANDED VS. UNBRANDED Operators said their purchasing strategies differ depending on if they’re branded or unbranded. Augustine said that since he’s unbranded, he tries to find the lowestcost supplier for the load he is procuring for the day. “The benefit of being unbranded is that you have more options as far as procuring product. You’re not locked into one supplier and you’re not paying a premium for that product because of the brand,” he said. “If you’re branded, that strategy doesn’t work because they lock in the price daily for you.” Alsaker is branded on his gasoline. “We’re locked into the branded price at the closest rack and there is no choice and no bargaining,” he said. “On the unbranded side, my recommendation to independents is to look at multiple targets.” When Alsaker operated his location in Williams, Iowa, 70 miles north of Des Moines, he had multiple pulling points he could use. “We had the influence of the Mississippi River. We had some refineries in Minnesota and we had the Magellan Pipeline. That was somewhat of a direct line from the Gulf Coast,” Alsaker said. “We’d watch the cold weather, stormy weather, the value of the dollar and multiple origination sites to determine where to buy.” Alsaker said he monitors the trading price of oil all day, and pays particular attention as the markets open and close. “I tend to look at it hard in the morning before I buy—6:00 Pacific is 9:00 Eastern,” he said. “In the afternoon I’m watching those markets move and they’re closing depending on the time zone. There won’t be any trading until the next morning, so I know that is solid.” There are several sources where business owners can watch trading prices of oil, including CNN Money at http://money.cnn.com/ data/commodities/. Augustine also monitors prices and tries to purchase when he has a good deal. If prices are increasing, he tries to squeeze in a few extra loads before the price goes up. “If it is going down, you try to wait a bit,” he said. There are several sources where business owners can watch trading prices of oil, including CNN Money at http://money.cnn.com/data/ commodities/. In order to get the best price, Santos said operators shouldn’t be afraid to ask for a discount. “If you are willing to pay sooner—three to five days—maybe you can get a prompt-pay discount of .50–1.0 percent. Or for very ratable volume, maybe you can ask for and possibly get $.005–$.01 a gallon off the low posted rack with product,” she said. Santos added, “If you have enough ratable volume to put out to bid, publish a request for proposal. Send it to the main suppliers in your market. That could include refiners and super jobbers.” SUPPLY CONTRACTS Even if operators don’t go out for a bid, Santos suggests they set up supply contracts for a certain percentage of their volume based on a benchmark, such as OPIS, Platt’s or Argus. It helps guarantee supply and the price is published and verifiable for both parties, she explained, adding that the contract volume would be somewhere between 40 to 60 percent of the monthly total volume. “One thing a supply contract does is guarantee that you’ll get some product. It helps you get assurance of supply,” Santos said. That assur- ance can be particularly helpful if there are disruptions from weather, power outages or other events. “Things happen. It doesn’t happen all the time but you have to be prepared in the event something goes wrong so you can still get fuel.” Santos said operators should keep in rhythm with the trends of the season. She said, “Diesel is impacted by planting and the harvest season. In the spring, diesel demand goes up so the prices go up. It levels out and then goes up again in the fall when people start harvesting.” A CHECKLIST OF FUEL PURCHASING BEST PRACTICES Diesel is impacted by planting and the harvest season. In the spring, diesel demand goes up so the prices go up. It levels out and then goes up again in the fall when people start harvesting. Research all suppliers within your area. Augustine contracts some gallons three to four weeks before major holidays. “We’ll look at the trend of the price of fuel for those holiday runs. The price typically tends to increase the week of the holiday,” he said. With contracts, Santos suggests operators spell out the terminal, what the freight and surcharges will be, what the markup will be and what the discount is. The combination of multiple suppliers and some contracted supply “gives the operator the ability to buy on dips in the market while still having their main supply contract in place for a percent of their demand,” Santos said. ■ Establish a line of credit with multiple suppliers. Look at all of the suppliers who serve your area. Consider your options for pulling from a different location in the event of a supply disruption or a low price that offsets the cost of freight. Ask for a discount for quick payment. Consider putting the freight business out for a bid on a regular basis. Confirm freight rates on contracted supply. Watch the seasons and trends to help better predict pricing. Consider purchasing a portion of the product on the spot market and a portion with supply contracts. www.natso.com 23 Sapp Bros Adds + 24 July/August 2014 + Sapp Bros.’ first location opened on June 7, 1971, in Omaha, Neb. Today there are 16 travel centers located in eight states. F rom the beginning, the company has always embraced new ideas and technology that would improve its offerings and better use the locations. For the Lincoln, Neb., location, they also partnered with United Farmers Cooperative, and in Columbus, Neb., they part- In addition to finding a good partner, Quinn recommends hiring a contractor who really knows the special construction codes. Natural Gas meet its customers’ needs. With this focus in mind, this year they added natural gas to one location in Lincoln, Neb., and are working on installing the second in Columbus, Neb. They are contemplating adding two more this year. To add the new amenity, they partnered with Stirk Compressed Natural Gas. Stirk Compressed Natural Gas provided the capital for the equipment and Sapp Bros. provides the space, runs the logistics and receives a throughput. Mike Hoelscher, managing member of Stirk CNG, said, “Our strategy is to continue to build out the compressed natural gas infrastructure, with a focus on large truck access in major transportation corridors. We partnered with Sapp Bros. because they have a strong name in the trucking industry.” Class 8 fleets in the grain and feed transportation industry will initially nered with Frontier Cooperative. Jeff Ingalls, Frontier Cooperative's energy department manager, said, "Frontier is very excited about this opportunity. We are looking forward to partnering with a CNG pumping station." Stirk Compressed Natural Gas calls on fleets and they do it very well according to Sapp Bros. President Don Quinn. From start to finish, it took about three to four months to add natural gas. The physical build out took about three weeks. “It didn’t take too long. For the installation at our Lincoln, Neb., location, we did need to add another diesel island,” said Quinn. The new island includes a pump that provides natural gas and a pump that dispenses diesel and diesel exhaust fluid. Operators need to research their current POS system and its ability to integrate with the CNG dispenser, Quinn said. BY AMY TONER “We were blessed because we had a great contractor,” he shared. He also said other operators need to know that you need to have a certain supply of natural gas, which is at a certain pressure, nearby. “The public utilities in your area will probably step up to bring the natural gas to your facility,” he added. He also encouraged operators to research if there are grant moneys within their state. When asked about his initial thoughts on the investment, Quinn told Stop Watch, “We feel good with what we’ve done.” Sapp Bros. was careful to plan for the future, and the company can grow its natural gas offerings if demand increases. “The one thing that I didn’t want was to enter into an agreement that restricted us in the future should the industry convert to natural gas,” he said. ■ www.natso.com 25 OPERATOR 2 OPERATOR What is your favorite business book? BOB WOLLENMAN, DELUXE TRUCK STOP Lunchmeat and Life Lessons by Mary B. Lucas. It is about a guy who was a butcher. His ability to connect with people was amazing. One of the things he said that I liked is that sometimes you have to put on your blinders so you don’t get sidetracked by others’ negativity.” WALT MURALT, MURALT’S TRAVEL PLAZA Leadership and Self Deception: Getting Out of the Box, which is from the Arbinger Institute. It is about communications, relationships and leadership. It will blow you away. It totally transformed one of my manger’s lives and I highly recommend it.” WILL MOON, IOWA 80 GROUP Decisive: How to Make Better Choices in Life and Work. It was an interesting book on how people make decisions.” WANT TO BE FEATURED IN THE NEXT OPERATOR 2 OPERATOR? Our next question to discuss is “What has been the most surprising breakout product/item?” Submit your answers to Darren Schulte at [email protected] by August 15, 2014. 26 July/August 2014 Pump biodiesel profits into your business with REG. AD The Right Blend. As the nation’s biodiesel leader, Renewable Energy Group, Inc. (REG) is equipped to give you unmatched quality, reliable supply and comprehensive service. The Right Product. We use the industry’s most advanced controls to keep your customers — and your business — running smoothly. Our REG-9000® biodiesel exceeds ASTM quality specifications to deliver clean-burning performance tank after tank. The Right Answers. REG-9000 biodiesel is an efficient option for any diesel engine using your current fueling system. We’ll show you how your fuel profit margins can benefit from blending biodiesel. Arrange your free biodiesel consultation today. Renewable Energy Group, Inc. | (888) REG-8686 | www.REGI.com Renewable Energy Group®, REG™ and REG-9000® are trademarks of Renewable Energy Group, Inc. © 2014 Renewable Energy Group, Inc. All Rights Reserved.