by Study Groups | Nov 12, 2024 | C-Store, Operations
While many of our articles focus on companies not using credit insurance, today I’d like to speak to the companies that are currently insuring their receivables. Whether it be Allianz (formally Euler Hermes), Coface, or Atradius, it’s good to know they are utilizing...
by Study Groups | Nov 10, 2024 | Leadership, Strategic Planning
Our businesses have established systems and processes for running payroll, completing customer transactions, and supply chain management. Many Study Groups members are recognizing they also need to create a systematic approach to the important parts of their...
by Study Groups | Nov 4, 2024 | Operations
Inefficiency in operations is a silent killer. It’s been there for years, hiding in plain sight, costing millions in lost revenue and time. Whether it’s late payments, dispatch errors, or disconnected processes, the consequences of inefficiencies are pretty...
by Study Groups | Nov 1, 2024 | HR
4 Things to Improve Communications Whether you just finished open enrollment, are in the thick of open enrollment, or it is a couple of months off, communicating your company’s health benefits is a year-round job, not a one-time event. And why is effective...
by Study Groups | Oct 30, 2024 | Leadership
Every company should have a mission statement. Mission statements outline why a company was formed, who it seeks to serve, and the quality of service to be provided. Every employee should know the mission statement. Not just casually know it, but be able to say it...
by Study Groups | Oct 23, 2024 | C-Store, Legal
Oil and gas Marketers and Retailers are certain of three things: Death (by regulation), Taxes, and Interchange Rates. While these are certain, the state of Illinois has had enough. “NO MORE INTERCHANGE FEES ON TAXES!” – Illinois Interchange Fee Prohibition Act...
by Study Groups | Oct 22, 2024 | Leadership, Strategic Planning
WTG Fuels Holdings LLC (“WTG Fuels” or the “Company”), was a large, diversified fuels distributor and convenience retailer with operations across west Texas and southeast New Mexico. The Company is a subsidiary of West Texas Gas, Inc., a large natural gas...
by Study Groups | Oct 15, 2024 | HR, Technology
It is hard to deny that the entrance of ChatGPT and other natural language AI models into society has changed the world. Employees are using it to write emails and documents, students are using it to help with homework, and parents are creating customized bedtime...
by Study Groups | Oct 10, 2024 | Technology
Practical, No-Fluff Advice for Getting Started As fuel distributors you’ve probably heard all the buzz about Artificial Intelligence (AI), but what does it really mean for your business? Forget the pie-in-the-sky tech talk. This webinar is about practical,...
by Study Groups | Oct 5, 2024 | Finance, Operations
A petroleum company’s healthy cash flow is typically tied directly to customers paying invoices on time. Late paying customers quickly bleed away already slim margins and profits, in addition to adding significant operating costs by requiring staff time and effort....
