- Inventory Owners are the legal owners of refined fuels in ONEOK's pipeline systems.
- They have the authority to transfer ownership of refined fuels to other Inventory Owners.
- They can grant access to Suppliers at terminals.
- They can participate in trading.
What features in Swift does an Inventory Owner use?
- Inventory Projections – View current and projected inventory
- Inventory Reports – View and export inventory and loading reports
- Product Transfer Orders (PTOs) – Trading and Transferring ownership of inventory at a ONEOK terminal
- Reconsignments – Move inventory to within ONEOK's pipeline system
- Supplier Authorizations – Authorize Suppliers to load from an Inventory Owner’s product
- Self-Authorizations – A “self-type” Supplier Authorization for an Inventory Owner to authorize themselves as the Supplier
- Extended Loading – Allows an Inventory Owner to exceed available inventory at a terminal with inventory at other locations. This feature is available in Swift+
- Two-Party Exchange – Designate a Supplier as the legal owner of product for IRS EXSTARS reporting purposes