Industry specific information to help you transcend the ordinary is what you can expect from the SIGMA Spring Convention in Hilton Head! Along with Education Alliance Partners NPN and OPIS, we are in the process of designing sessions with “what it means to the motor fuel marketer” in mind. Following the trend of moving learning into the workplace, these sessions, led by high-level subject matter experts and peers, will enable you to gain valuable knowledge that you can bring to your place of business! Here is a glimpse of topics that you can expect to learn more about:
Tentative SIGMA/NPN/OPIS Education Sessions
Sunday, May 18
TRACK 1
Retailing Your Green for Profit
Allocations and Outages: Navigating the Rough and Muddy Waters
In today’s volatile price environment, timing is everything. This special dual-speaker session, you’ll learn about the latest tactics and tools available to cut down on uncertainty and boost your market intelligence so you can be sure you’re getting the best price from your suppliers.
Profiting from Electronic Media at the Pump After your street sign, your pump is your first chance to communicate with your customer. Will the conversation be limited to just a fuel sale or will there be hints and offers at much more rewarding customer offerings inside? Our speakers will outline the latest ways of using electronic media as an invitation and boost per-customer totals.
TRACK 2
Transportation Logistics and Optimization Myths True Costs and Money You Left on the Table The days of get the call and out the door in the bobtail to deliver are long past. Even planning a route based on who called the prior day is not the most efficient. Compound that with higher fuel costs, driver wages and costs to deliver can add up quickly. Logistics data intelligence and analysis is a must. Start todayunderstand your true costs and options to take the money back you have been leaving on the table.
Low CARB Standard in CA and Federal Effect California and the federal EPA are within a couple steps of each other in the march toward a clampdown on greenhouse gas emissions. The rules are likely to impact every link in the supply chain. However, there’s a way to get ahead of the change. Learn how to measure your company’s carbon footprint, how savvy marketers can get in on international carbon exchanges and how to apply carbon credits to cut the costs of fuel.
Understanding RINS and Credit Exchanges The federal biofuels blending mandates may have put wholesalers in the driver’s seat as refiners and other obligated parties seek out RINs (Renewable Identification Numbers) to prove they are complying with the law. At times hotly traded, RINs have added 6 cents/gal or more to ethanol and biodiesel. In this timely session, you’ll learn how RINs might fit in with your business plan and what you’ll need to know to handle them correctly. You’ll also learn how newly formed electronic RIN exchanges are helping RIN holders capture the highest value for their blending credits.
Monday, May 19th
TRACK 1
RevolutionCard: An Innovative Payment Alternative RevolutionCard is a new Interchange-free payment card brand that offers the first PIN-based credit card in the US. Costing only 0.5% per transaction, RevolutionCard is gaining broad acceptance at merchants nationwide and is the fastest growing credit card brand in the US. Learn about Revolution Money, the RevolutionCard and how a RevolutionCard program can help you lower credit card costs, increase sales and build loyalty with your customers.
Hedging: Is it Right for Company
GPS Vehicle Tracking: Reducing Operating Costs for Fuel Oil Dealers Nationwide GPS vehicle tracking is changing the way fuel oil dealers are managing and operating their businesses. Thousands of companies are able to monitor their vehicles’ locations, run electronic key management reports and measure their fleet’s performance from any internet connection. SIGMA member, Dennis K. Burke Oil has seen significant benefits since installing their GPS vehicle tracking system including reduced overtime costs, reduced communication costs and improved customer service.
TRACK 2
Biofuels Logistics Ethanol and biodiesel present unique challenges in the areas of storage, transportation and handling that cut into your profits unless they are fully understood and mitigated. Our speakers will present a comprehensive look at the best practices for moving biofuel blends through to customers without risking contamination, phase separation or fire.
Alt Fuels Session: Title TBD
Increasing the Value of Business Through Real Estate Owning real estate is an emotional issue for many marketers with arguments to be made both for and against the practice. Our panel of marketers will provide a checklist of the real dollars and cents reasons why you might want to invest in real estate as a means of increasing the value of your business. Led by site valuation expert Mike Baskin, this session is sure to deliver take-home value on this timely topic.
Legislative Meeting
There is something new at the Spring Convention’s Legislative Meeting! Tom Bliley, Senior Government Advisor at Steptoe & Johnson and a former Congressman will team up with a group of marketers to provide you with tips on effectively reaching and communicating with your Congressperson during legislative visits! During this interactive meeting, you will learn about what has been happening in Congress and the activities of federal agencies that directly affect the motor fuel industry. In addition, you will have the opportunity to make your voice heard and help shape the future of SIGMA’s government relations initiatives.
General Session & Business Meeting
In addition to SIGMA business reports, the Business Meeting & General Session will also feature SIGMA/OPIS/NPN education. You can expect to hear expert opinions from Tom Kloza, OPIS Publisher and Chief Oil Analyst on Supply and Demand. We are currently working to secure more industry experts as keynote speakers as well. This is a session that you do not want to miss!
Cost: $699 until February 9/$899 until March 27/$995 after March 28
This course is designed to provide the attendee with practical knowledge of all of the steps necessary to implement a successful hedging and risk management program. Attendees will learn how to manage price risk on pipeline barrels, protect retail margins, explore ways to buy and sell physical forward contracts, discover customizable business strategies, receive in-depth options coverage, and plan for future capital needs of hedging. This course will include actual analytical work as well as lecture by instructors.
*NEW* OPIS Biodiesel Management University
In an exclusive pre-conference event, OPIS will offer for the first time a Biodiesel Management University! Come to Hilton Head early to attend this 3-day course that will feature executive training for managing the buying and selling of biodiesel. Visit www.opisnet.com for details!
SIGMA's Mission: To benefit our members by helping them improve their ability to succeed
in a free and fully competitive market for transportation fuels.