2013 Winner Profile

Old Dominion Freight Line, Inc.

Project Description:
Old Dominion Freight Line's Diesel Fuel Management System is an SAP-based tool that streamlines the tracking of diesel fuel from the day it's procured to its consumption by the company's 6,000 tractors used for hauling freight. The system works by gathering hourly tank readings from more than thirty bulk diesel tank facilities and then transmitting this data to SAP software using Abierto Networks' IP Converter technology. Using these hourly readings, combined with historical fuel usage data, the Less than Truckload Freight Carrier can better estimate when bulk diesel tanks can hold additional fuel and take advantage of lower fuel costs. When a fuel buyer is ready to order, quote data from suppliers is automatically imported into SAP and aggregated. Once the best price is selected, a purchase order is sent electronically to the supplier. By better determining order quantities, identifying best purchase prices and reconciling invoices with initial purchase prices, the system has helped reduce labor costs, increase supply chain efficiencies and take advantage of fuel pricing in ways never before possible.
Project type:
Business Process Management, Enterprise Resource Planning (ERP)
Business Functions:
Accounting & Finance
Business Goal:
Operational Impact
CIO:
Chris Young, VP of Old Dominion Technology
CEO:
David Congdon, CEO
Headquarters:
Thomasville, N.C.
Industry:
Transportation
Revenue (2012):
$2.11 billion
Website:
www.odfl.com
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