Excess Fuel Storage Costs
Definition
Inefficient fuel procurement and inventory management result in overstocking to mitigate supply risks from imports and low reserves, driving up holding costs.
Key Findings
- Financial Impact: AUD 0.50-1.00 per litre monthly storage cost; 2-5% of total fuel procurement budget
- Frequency: Ongoing monthly
- Root Cause: Lack of real-time inventory visibility and demand forecasting in manual processes
Why This Matters
The Pitch: Transportation players in Australia 🇦🇺 waste AUD 50,000+ annually on excess fuel storage. Automation of inventory management eliminates this risk.
Affected Stakeholders
Fleet Managers, Procurement Officers, Logistics Coordinators
Deep Analysis (Premium)
Financial Impact
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Current Workarounds
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Methodology & Sources
Data collected via OSINT from regulatory filings, industry audits, and verified case studies.
Related Business Risks
Fuel Shortage Downtime
Fuel Wastage and Shrinkage
DSAPT Non-Compliance Fines
Accessibility Audit Remediation Costs
DDA Discrimination Claims Costs
Manual Driver Licence Verification Delays
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