Market Overview

Southwest Airlines Implements Newest Generation of Allegro's CTRM Software

Share:

United States' Largest Domestic Air Carrier Deploys Allegro's Newest
Commodity Management Platform for Improved Fuel Optimization, Supply
Chain Efficiencies and Real-time Inventory Management of its Jet Fuel
Business

Allegro
Development Corp.
, the global leader in commodity management
software solutions, is proud to announce the successful go-live of Southwest
Airlines Co
. on Allegro's newest generation of energy trading and
risk management (ETRM) software, Allegro Horizon, to improve fuel
optimization, supply chain efficiencies, and real-time inventory
management of its jet fuel business. Additionally, Southwest will be
evaluating Allegro Mobile, Allegro's iOS and Android compatible CTRM
mobile application, which provides end users with 24-hour remote access
to real-time data, workflow approval, and position visibility.

With more than 57,000 employees who serve more than 120 million
customers a year, Southwest® is the United States' largest domestic air
carrier, according to the U.S. Department of Transportation. In 2014,
Southwest began offering international service and now flies to ten
countries across Latin America and the Caribbean.

Since 2008, Southwest Airlines has worked with Allegro's ETRM software
solutions to manage its hedging program, which has been key to the
company's mitigation of fuel price risk. Today, Southwest Airlines' fuel
procurement team is using Horizon to manage an average of 4,000 fuel
related logistics movements per day. Additionally, the airline is
utilizing the software to manage inventory at 120 different locations
and fuel purchasing at an additional 50 locations.

"The complexity of Southwest Airlines' fuel procurement and distribution
activity across our entire fleet requires accuracy, efficiency, and
state-of-the-art technology that Allegro's fuel management software
provides," said Bill
Tiffany
, Vice President, Supply Chain Management, Southwest
Airlines. "Upgrading to Allegro Horizon was the next natural step in our
long-term plan to automate routine tasks while gaining greater
transparency to fuel supply and inventory information, as well as
decision support on our fuel spend. We are excited to continue working
with Allegro's team of experts to streamline our jet fuel business
management."

Built to host production in the cloud or on-site, Allegro Horizon is a
commodity management solution with flexible architecture that promotes
scalability and improved performance. With real-time portfolio insight,
Horizon is a critical tool for commodity businesses looking to manage
risk, streamline business processes, and identify market growth
opportunities.

"I am thrilled that our long-standing, strong relationship with
Southwest Airlines has played a large part in their fuel procurement
team's decision to upgrade to Allegro Horizon," said Frank Brienzi, CEO,
Allegro. "The technical and functional advantages of Allegro Horizon
make it the best commodity management solution on the market because it
aligns with customers' current needs while also promoting future growth;
and Southwest Airlines' move to this next generation platform is
testament to the product's excellence. The Allegro team looks forward to
continue working with Southwest for years to come."

About Southwest Airlines Co.

Dallas-based Southwest Airlines (NYSE:LUV) operates more than 4,000
weekday departures among a network of 99 destinations in the United
States and 10 additional countries.

Based on the U.S. Department of Transportation's most recent data,
Southwest Airlines is the nation's largest carrier in terms of
originating domestic passengers boarded. The company operates the
largest fleet of Boeing aircraft in the world. With 45 consecutive years
of profitability, Southwest is one of the most honored airlines in the
world, known for a triple bottom line approach that contributes to the
carrier's performance and productivity, the importance of its people and
the communities they serve, and an overall commitment to efficiency and
the planet. To learn more about Southwest Airlines, visit www.swamedia.com.

About Allegro Development

Allegro is the global leader in commodity management software for
companies that buy, sell, produce or consume commodities. For over 30
years, Allegro has delivered position visibility, risk management,
comprehensive controls and regulatory compliance through a forward
compatible, next-generation architecture that is built for your
business. Allegro's proven CTRM software innovation and flexibility,
coupled with a strong global network of industry partners, makes its
solutions the best on the market for full commodity portfolio management.

Headquartered in Dallas, Texas, Allegro has offices in Houston, Dubai,
Jakarta, Singapore, London, and Zurich. To learn more, visit Allegro's
website at www.allegrodev.com.

View Comments and Join the Discussion!