Credit: Z Energy Z Energy has created Sharetank, a virtual fuel tank, and is trialling it through Z App. Z says Sharetank was ‘co-created’ with customers and frontline staff and will evolve it based on customer feedback from the trial. Scott K Bishop, chief innovation officer at Z, says before this, Kiwis have largely had to accept the current price of fuel and were limited to when they could buy it by the room in their tank. “We know customers get frustrated when they fill up and the next day their local service station’s fuel price drops because of changes in the exchange rate, costs or local competition,” says Bishop. “Sharetank lets customers choose to buy fuel when the price is right for them. It’s great for budgeting.” Z EnergyScott K Bishop How Sharetank works He explains that if the pump price goes up after they’ve bought Sharetank litres, customers save as they’ve already locked in cheaper litres. If it goes down, customers will be alerted when they go to fill up and can choose to save their Sharetank litres for another day. People can use Sharetank to pre-purchase Z fuel, rather than waiting for their tank to be empty. They can then use their virtual Sharetank litres later, to fill up at any Z service station. Jane Anthony, chief customer officer at Z, says using a virtual tank also saves time for people who drive across town to get a better price. “Customers’ time is precious so when they pre-buy through Sharetank they’ll automatically get the lowest Z pump price within 30 kilometres of their location and won’t need to travel to get it. They can buy from the couch, work, the passenger seat or wherever suits them.” Customers can top-up their tank with up to 1,000 litres of each of their chosen fuel types. Antony says customers can store it virtually until it’s needed, and can share access to their tank with up to five friends, wh?nau, people in the community or employees. Z EnergyJane Anthony Related content Opinion 5 hard questions every IT leader must answer Strong leadership is vital to IT success — and shouldn’t be taken for granted. Continual self-reflection is essential for knowing whether it’s time to restructure your approach to leading IT. By Thornton May Mar 28, 2023 5 mins Business IT Alignment IT Leadership Feature CIOs address the impact of hybrid work Assessing how some of the most progressive CIOs strive to provide both technological and emotional support for a dispersed workforce. By Pat Brans Mar 28, 2023 8 mins CIO Remote Work Employee Experience BrandPost Smart UPS Connectivity: what it is and why you need it By Veronica Lew Mar 27, 2023 4 mins Remote Access BrandPost Huawei’s F5G rollout plan signals new wave of green technology and digital transformation At MWC, Gu Yunbo, President of Huawei’s Enterprise Optical Business Domain, sat down with CIO to discuss a raft of new F5G launches, and what they mean for enterprise computing. By Peter Kirwan Mar 27, 2023 4 mins Digital Transformation Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe