Revolutionizing Fuel Cost Savings for the Trucking Industry
A technology-driven solution to optimize fuel costs and streamline tax payments, maximizing savings and convenience for truckers across North America.
Cost Savings
Truckers now have access to a tool that optimizes fuel purchases along their routes, ensuring they maximize discounts and avoid unexpected fuel tax payments
Go-to-Market Readiness
The solution provided a fully functional MVP app, allowing the client to attract initial customers and begin growing their business.
Patent Support
By codifying the unique aspects of the solution, Valerian helped secure intellectual property protection, giving the client a competitive edge in the marketplace.
Partnerships with Fuel Networks
The solution enabled strategic negotiations with fuel card suppliers, granting truckers access to established discount networks, further increasing the value proposition.
Overview
Fuel expenses are one of the largest costs for truckers, who not only pay for the fuel itself but also incur fuel taxes as per the International Fuel Tax Agreement (IFTA) across North America. Our client had a visionary approach to help truckers maximize cost savings by optimizing fuel purchases along their routes, timing tax payments to avoid unexpected expenses, and providing access to fuel discount networks. They needed a platform that could bring this idea to life, revolutionizing how truckers manage fuel expenses.
Objective
The primary objective was to establish a technology platform that would deliver an app to truckers, maximizing fuel cost savings along their routes. The solution also aimed to patent the novel features of the system and negotiate with fuel card suppliers to enhance the value of the offering through discounts and convenient payment methods.
Challenges
The project presented a variety of challenges. Choosing the right technology stack and assembling a development team to build the Minimum Viable Product (MVP) was crucial for getting the project off the ground. Additionally, the client had numerous competing requirements, including various business objectives that needed to be carefully categorized, prioritized, and executed to ensure alignment with the overall strategy. Another key challenge was developing a robust algorithm that could effectively drive fuel savings while also supporting the patenting process for the innovative solution.
Solution
We played a key role in codifying the core algorithm that powers the system, ensuring it could be implemented efficiently by the development team. The solution supported the patenting process for the client’s novel approach, providing a strong intellectual property foundation. Additionally, Valerian helped manage the complex requirements and business goals to deliver a functional MVP app, ready to take the trucking industry by storm.
