Contract Management
Optistream automates contract management with a simple interface for entering and maintaining contracts. Major contract types managed are:
- Purchases
- Sales
- Exchanges
- Inventory
- Physical
- Swaps
- Options
- Futures
Inventory
Optistream manages an automated weighted average inventory model. Weighted average costing is generated live giving the most accurate and recent WACOG calculations possible.
WACOG calculations become integral for gross margin reporting, risk reporting and general ledger interfaces.
Pricing
Optistream manages third party pricing publications and internal price postings and price curves. Optistream supports automated interfaces with OPIS and Platts.
Pricing is utilized in a flexible market index engine which automatically calculates formulas such as:
- Month average
- Day of lifting and prior day
- Wraps
- Weekday based pricing
- Lower of 2 indexes
- Multiple indexes with differentials
Gross Margin Reporting
With contract management outlined, pricing and market indexes automatically calculating and WACOG real time calculations, we are well positioned to provide real time gross margin reporting
Wholesalers and retailers have real time gross margin reporting at their fingertips at anytime throughout the month.
Simple month to date calculations based on sales, purchases and inventory valuation provides summary and detail level reporting.
Scheduling
Optistream supports scheduling and optimization of product receipts and deliveries through a multitude of transportation modes. Major modes of scheduling are as follows:
- Truck scheduling
- Railcar scheduling
- Pipeline scheduling
- NGL matching and distribution
- Marine scheduling