Dover Fueling Solutions Announces Expanded Global Partnership Agreement with Bottomline
Dover Fueling Solutions (NYSE: DOV), a leading provider of fuel and convenience retail technologies, has announced a global expansion of its partnership with Bottomline. The expanded agreement will bring the BX platform, a supply chain optimization solution, to fuel retailers worldwide, building on their successful European partnership since 2023.
The BX platform integrates with DFS's ProGauge® ATG consoles and DX Wetstock® platform to provide comprehensive inventory management and supply chain optimization. The solution enables real-time operational monitoring, route optimization, and inventory forecasting, helping retailers maximize cost efficiencies from depot to tank.
Dover Fueling Solutions (NYSE: DOV), un fornitore leader di tecnologie per il rifornimento di carburante e il commercio al dettaglio di convenienza, ha annunciato un'espansione globale della sua partnership con Bottomline. Il nuovo accordo porterà la piattaforma BX, una soluzione per l'ottimizzazione della catena di approvvigionamento, ai rivenditori di carburante in tutto il mondo, consolidando il successo della loro collaborazione europea iniziata nel 2023.
La piattaforma BX si integra con le console ProGauge® ATG e la piattaforma DX Wetstock® di DFS per offrire una gestione completa dell'inventario e l'ottimizzazione della catena di approvvigionamento. La soluzione consente il monitoraggio operativo in tempo reale, l'ottimizzazione dei percorsi e la previsione dell'inventario, aiutando i rivenditori a massimizzare l'efficienza dei costi dal deposito al serbatoio.
Dover Fueling Solutions (NYSE: DOV), un proveedor líder de tecnologías para el suministro de combustible y comercio minorista de conveniencia, ha anunciado una expansión global de su asociación con Bottomline. El acuerdo ampliado llevará la plataforma BX, una solución de optimización de la cadena de suministro, a minoristas de combustible en todo el mundo, basándose en su exitosa colaboración europea desde 2023.
La plataforma BX se integra con las consolas ProGauge® ATG y la plataforma DX Wetstock® de DFS para ofrecer una gestión integral de inventarios y optimización de la cadena de suministro. La solución permite el monitoreo operativo en tiempo real, la optimización de rutas y la previsión de inventarios, ayudando a los minoristas a maximizar la eficiencia de costos desde el depósito hasta el tanque.
Dover Fueling Solutions (NYSE: DOV)는 연료 및 편의점 소매 기술 분야의 선도 기업으로, Bottomline과의 글로벌 파트너십 확대를 발표했습니다. 이번 확장된 계약을 통해 BX 플랫폼이라는 공급망 최적화 솔루션을 전 세계 연료 소매업체에 제공하며, 2023년부터 이어온 유럽 내 성공적인 협력 관계를 기반으로 합니다.
BX 플랫폼은 DFS의 ProGauge® ATG 콘솔과 DX Wetstock® 플랫폼과 통합되어 포괄적인 재고 관리 및 공급망 최적화를 제공합니다. 이 솔루션은 실시간 운영 모니터링, 경로 최적화, 재고 예측을 가능하게 하여 소매업체가 창고에서 탱크까지 비용 효율성을 극대화할 수 있도록 돕습니다.
Dover Fueling Solutions (NYSE: DOV), un fournisseur de premier plan de technologies pour la distribution de carburant et le commerce de proximité, a annoncé une expansion mondiale de son partenariat avec Bottomline. L'accord élargi apportera la plateforme BX, une solution d'optimisation de la chaîne d'approvisionnement, aux détaillants de carburant du monde entier, s'appuyant sur leur partenariat européen réussi depuis 2023.
La plateforme BX s'intègre aux consoles ProGauge® ATG et à la plateforme DX Wetstock® de DFS pour fournir une gestion complète des stocks et une optimisation de la chaîne d'approvisionnement. La solution permet une surveillance opérationnelle en temps réel, une optimisation des itinéraires et une prévision des stocks, aidant les détaillants à maximiser l'efficacité des coûts du dépôt au réservoir.
Dover Fueling Solutions (NYSE: DOV), ein führender Anbieter von Technologien für Kraftstoff- und Convenience-Einzelhandel, hat eine globale Erweiterung seiner Partnerschaft mit Bottomline angekündigt. Die ausgeweitete Vereinbarung wird die BX-Plattform, eine Lösung zur Optimierung der Lieferkette, weltweit zu Kraftstoffhändlern bringen und baut auf der erfolgreichen europäischen Partnerschaft seit 2023 auf.
Die BX-Plattform integriert sich mit den ProGauge® ATG-Konsolen und der DX Wetstock®-Plattform von DFS, um ein umfassendes Bestandsmanagement und eine Optimierung der Lieferkette zu bieten. Die Lösung ermöglicht Echtzeit-Betriebsüberwachung, Routenoptimierung und Bestandsprognosen, wodurch Einzelhändler Kosten von der Lagerstätte bis zum Tank maximieren können.
- Expansion of successful European partnership to global markets
- Integration of BX platform with existing DFS products for enhanced functionality
- Potential for significant cost savings through supply chain optimization
- Leveraging DFS's established global sales network for wider market reach
- Implementation and integration costs not disclosed
- Potential challenges in scaling the solution across different global markets
Insights
Dover's expanded Bottomline partnership brings proven supply chain optimization globally, enhancing its fuel logistics technology portfolio.
Dover Fueling Solutions (DFS) is expanding its partnership with Bottomline from Europe to global markets, leveraging an existing successful relationship that's been delivering cost savings to customers since 2023. This strategic move significantly enhances DFS's technology portfolio with Bottomline's BX platform, a sophisticated supply chain optimization solution specifically designed for fuel retailers.
The partnership creates a compelling integrated offering by combining the BX platform with DFS's ProGauge® Automatic Tank Gauge technology and DX Wetstock® platform. This integration delivers end-to-end visibility across the fuel supply chain, from depot to tank, which represents a meaningful value proposition for fuel retailers facing margin pressures and operational complexity.
The BX platform's capabilities address critical pain points in fuel retail operations through real-time issue detection, route optimization, and inventory forecasting - all essential components for maximizing cost efficiency in fuel logistics. For Dover, this expanded partnership leverages their established global distribution network, including regional sales teams and local distributors, to accelerate market penetration without significant additional investment in sales infrastructure.
What makes this partnership particularly valuable is that it's built on proven success in the European market, reducing implementation risk as they scale globally. For Dover investors, this represents an enhancement to their fuel solutions portfolio that strengthens their competitive position in the global fuel retail technology market.
DFS and Bottomline's partnership in
The BX platform can be used to plan, monitor and reconcile deliveries from depot to tank. The smart algorithms enable real-time detection of operational issues, generate and optimize routes and effectively forecast inventories to help customers maximize cost efficiencies every step of the way. The powerful combination of the BX platform and DFS's ProGauge® Automatic Tank Gauge (ATG) consoles and probes and/or DX Wetstock® platform provides customers with an unparalleled wetstock and supply chain experience, allowing them to take full control of their inventory while delivering a valuable end-to-end solution that eliminates unnecessary losses.
"This partnership brings a cutting-edge supply chain optimization solution to customers on a global scale," says Jeroen Van Pelt, Sales Director, DFS. "With the ability to plan, control and monitor the supply chain, retailers can reduce costs while ensuring efficiency from depot to tank."
Léon van Rijswijk, CEO of Bottomline, added, "With DFS's strong global sales network, including regional sales teams and local distributors, we're excited to expand the reach of BX and transform fuel logistics together."
For more information about this partnership, please visit www.doverfuelingsolutions.com
About Dover Fueling Solutions:
Dover Fueling Solutions® (DFS) is part of Dover Corporation and a leading provider of advanced energy dispensing equipment, electronic automation, point-of-sale and payment systems, automatic tank gauging and subscription solutions to fueling and convenience retail customers worldwide. Comprised of brands Wayne Fueling Systems, Tokheim®, OPW®, ClearView, PetroVend®, ProGauge, Fairbanks, AvaLAN Networks™, LIQAL and Bulloch Technologies®, DFS is dedicated to offering a broad range of solutions that power vehicles, including conventional fuel and clean energy products that support gasoline, diesel, bio-diesel and ethanol as well as LNG, H2, LPG, CNG and EV chargers. Headquartered in
About Dover:
Dover is a diversified global manufacturer and solutions provider with annual revenue of over
Dover Fueling Solutions Contact:
Amy Cearley, Director of Global Marketing Communications
(512) 484-4259
amy.cearley@doverfs.com
Dover Media Contact:
Adrian Sakowicz, VP, Communications
(630) 743-5039
asakowicz@dovercorp.com
Dover Investor Contact:
Jack Dickens, VP, Investor Relations
(630) 743-2566
jdickens@dovercorp.com
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SOURCE Dover
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