Petrolimex applies solutions to cope with fluctuations in petrol prices

Monday, Aug 08, 2022 15:23

A Petrolimex petrol station. — VNA/VNS Photo

The Viet Nam National Petroleum Group (Petrolimex) is adopting a range of solutions in order to complete production and business targets for the third quarter and the entire year in the context of unforeseeable fluctuations in petrol prices.

One of the solutions is to modernise inventory management while engaging in negotiations with major petrol distributors to ensure supply to meet demand for petrol.

At the same time, the group has taken steps to cut costs in all production and business activities through several projects on centralised fleet management, asset management and customer relationship management.

Petrolimex has also worked to increase non-cash payment in retail sales and researched the possibility of building truck stops to provide better services for customers.

Under its own plan on digital transformation, the immediate focus is to automate the network of petrol warehouse and retail outlets, and roll out a national plan on selling petrol via the Petrolimex mobile application. Petrolimex has installed contactless POS terminals at retail petrol stations throughout Viet Nam, enabling customers to pay with a single tap via their Visa cards.

The newly deployed POS device meets all fire safety regulations, integrates with the pump, and connects wirelessly to serve customers paying right there. — VNS

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