TFN’s Fuel Saving Analysis Backed by Real Data: Achieving R826,836 in Annual Savings

At TFN, we pride ourselves on providing fuel management solutions that go beyond just refuelling. Our solutions are designed to optimise fuel efficiency and deliver measurable financial benefits. In this case study, we showcase how one of our customers, operating across South Africa, achieved substantial savings by adopting TFN's diesel refuelling services. Operating in key cities like Polokwane, Durban, Port Elizabeth, and Cape Town, our customer realised significant cost reductions over a three-month period, with projections indicating over R826,836 in annual savings.

The Challenge:

Controlling Fuel Costs Across Multiple Regions

Our customer, a large-scale operator in the transportation industry, was facing rising fuel costs across its fleet. Managing fuel consumption in multiple locations such as Polokwane, Durban, Port Elizabeth, and Cape Town required a solution that could reduce the burden of fluctuating diesel prices while improving operational efficiency.

The Solution:

TFN’s Tailored Diesel Refuelling Strategy

By switching to TFN’s diesel refuelling solutions, our customer was able to streamline their fuel purchases, leading to substantial savings on a monthly and annual basis. Our strategic pricing model and fuel management platform allowed our customer to monitor fuel consumption, compare prices, and secure the best rates at different locations.

Performance Analysis: April to June 2024

During the analysis period, spanning April to June 2024, our customer achieved the following savings across its operational regions:

Polokwane
Month Litres Current CPL TFN CPL Monthly Savings
April 5,052 R25.02 R23.23 R9,372
May 5,247 R24.89 R22.74 R11,262
June 4,891 R23.81 R21.65 R10,552
Total Savings: R31,186
MonthLitresCurrent CPLTFN CPLMonthly Savings
April2,710R24.43R21.81R7,103
May1,597R24.30R21.85R4,224
June2,676R23.61R20.36R8,700

Total Savings: R20,027

Month Litres Current CPL TFN CPL Monthly Savings
April 583 R24.75 R21.81 R1,714
May 960 R24.22 R21.45 R2,657
June 997 R22.99 R21.00 R2,304
  Total Savings: R6,675
Month Litres Current CPL TFN CPL Monthly Savings
April 1,472 R24.34 R21.81 R3,731
May 933 R24.23 R21.45 R2,589
June 942 R23.35 R20.36 R3,432
July 582 R22.84 R21.22 R1,263
  Total Savings: R11,015

Key Insights and Total Savings

  • Polokwane achieved an average monthly saving of R7,186.
  • Durban experienced the most significant cost reduction in June, with R4.07 saved per litre, resulting in R8,700 saved that month alone.
  • Port Elizabeth consistently saved between R3.22 to R3.75 per litre, leading to monthly savings of R1,942.

Cape Town recorded total savings of R13,170 over four months, with a reduction of R3.12 per litre on average.

Overall Total Savings:

  • Total Litres Purchased: 43,276 litres
  • Average CPL (Cost per Litre) Savings: R2.35
  • Total Savings Over 3 Months: R68,903

TFN’s comprehensive fuel management solutions provided our customer with the tools and data needed to secure significant cost savings. Over a short three-month period, the company was able to reduce fuel expenditure by more than R68,903, with projected annual savings of R826,836. By choosing TFN, businesses can take full control of their fuel management, ensuring both financial savings and operational efficiency.

 

Explore TFN’s Fuel Solutions Today

We’re committed to helping you save on fuel. By submitting your fuel data, we will perform a personalised cost comparison to evaluate your current fuel expenses against potential savings with TFN. Your participation helps us offer tailored insights and ensure we’re providing the best possible solutions to meet your needs:

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