Buyofuel launches app for biofuel inventory management

Buyofuel, a biofuel marketplace, has launched Buyo Inventory App for biofuel inventory management. Biofuel manufacturers, suppliers, and traders face enormous challenges in managing raw material inflow, finished product outflow, production schedule, and machinery maintenance in the market.

A media statement said inventory management has been a longstanding issue in the biofuel industry, given cost and timing issues such as stock mismanagement or overproduction of biofuels, material wastage from production processes such as fermentation, and unplanned downtime of machinery. To address these challenges, Buyo Inventory App is available for download across leading app stores and can be integrated into operating processes.

The app helps to track real-time inflow of raw materials and outflow of finished products parameters for the alert to maintain an appropriate level of stock. This feature assists in minimizing overstocking or shortages to maintain smooth operations. The app integrates into machinery maintenance schedules and production capacity, helping ensure parts are available when needed, and minimizing downtime. The app’s interface leads to rapid adoption of the platform across teams, even if they are at different operational levels, it said.

Quoting Kishan Karunakaran, Founder and Chief Executive Officer of Buyofuel, the statement said: “The Buyo Inventory App is a key milestone for the biofuel sector. It is intended to streamline inventory management and enable biofuel companies to run more cost-efficiently. Its powerful features and intuitive interface help users streamline operations, reduce waste, and improve overall profitability.”

The app can be adapted immediately by biofuel manufacturers and suppliers to reap the benefits of more robust inventory control and improved operational productivity. The new solution is the latest step in Buyofuel’s emphasis on innovation and sustainability that enables the biofuel sector to implement intelligent technologies that drive growth and help deliver a greener tomorrow, it said.

With a focus on sustainability and efficiency, Buyofuel connects biofuel producers, suppliers, and consumers to create a seamless ecosystem for biofuel trade and management, the statement added.