Tandem Concepts joins DTN
DTN recently secured a controlling interest in innovative technology company Tandem Concepts in an acquisition designed to enhance DTN’s Fuel Operations Hub with critical terminal-to-retail intelligence that enables closed-loop decisioning across the downstream supply chain.
Tandem's AI-powered platform automates connections between carrier and terminal operations through integrations with dispatch systems, significantly reducing manual errors that cost time and money. This integration lays the foundation for reservation-based ordering by enabling real-time validation and load number management between carriers and terminals.
“This extends the visibility required within the fuel value chain to enable faster, smarter decisioning from carriers through delivery,” Ken Evans, DTN general manager of energy and refined fuels, said in a news release. “Connecting the final mile of the downstream supply chain enables frictionless operations.”
Bringing Tandem Concepts into DTN will deliver measurable decision outcomes across the downstream supply chain, the companies added. Carriers eliminate wasted trips and improve truck utilization with documented reductions in manual inputs, improving throughput, and reducing errors. Suppliers gain greater confidence in supply assurance while gaining visibility into demand patterns. Retailers and wholesalers reduce demurrage fees and cut invoice time from days to minutes. Terminals improve throughput by reducing congestion and AI-powered reconciliation.
Look for more on Tandem Concepts and DTN, including interviews with stakeholders across the U.S. fuel supply chain, in the upcoming print issue of Bulk Transporter magazine.
“Joining DTN allows us to scale our innovation into an industry-standard decision layer for downstream fuel,” said Drew Stypa, Tandem CEO and co-founder. “Combined with their vertical expertise and ecosystem of trust, we’re giving customers the intelligence they need to make better, faster decisions than the competition.”