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ETRM Book 2
Untitled Document
Selecting and
Implementing
Energy Trading,
Transaction and
Risk Management
Software

– A Primer –
Authored & Edited by
Patrick Reames
and Dr. GM Vasey
Sponsored by Deloitte,
Sapient and Structure
ETRM Book
Untitled Document
Trends in Energy
Trading,
Transaction &
Risk Management
Software

– A Primer –
Edited by
Dr. GM Vasey
and Andrew Bruce
Sponsored by Allegro and SAS/RiskAdvisory

Solarc Signs Another Airline

Filed under: Natural Gas, Software, Energy, Commodities, General, Risk ManagementPatrick Reames | February 20, 2008 @ 12:24 pm (Views: 343)

Solarc recently announced that they had signed Northwest Airlines to a RightAngle license…

SolArc, an innovative, market-focused software company with a proven solution that streamlines and automates the jet fuel supply chain, announced today that Northwest Airlines will implement SolArc RightAngle for managing the jet fuel supply, logistics, accounting and price hedging for their domestic and international operations. Northwest Airlines will use SolArc RightAngle to manage jet fuel procurement, taxes, inventory, and automated payables matching integrated with IATA InvoiceWorks. A major goal of the initiative is to consolidate information systems and implement best practices for managing the fuel spend.

“NWA requires a jet fuel management system that consolidates all aspects of our jet fuel supply chain into one platform so that we can continue to achieve a competitive advantage in our fuel supply operations,” said David Zanussi, Director of Fuel Management. “We expect to create a streamlined information rich environment to improve the management of the jet fuel cost components, including taxes and financial derivatives.”

Brad Anderson, CEO of SolArc, said, “Our passion is helping our customers operate more efficiently. Being entrusted with this responsibility by Northwest, a company with a solid reputation of innovation and customer satisfaction is very meaningful. We appreciate the endorsement and look forward to a long relationship.”

Their domination of the airline market continues unabated….

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