KSS Fuels First to Deliver Truly Integrated Pricing for All Channels of Trade
KSS Fuels is proud to announce the release of improved dealer pricing functionality to augment its world-leading PriceNet fuels pricing intelligence solution. The addition of new capabilities for the support of dealer-operated sites makes PriceNet the first pricing solution to fully address all channels of trade.
The new functionality enables PriceNet users to manage both retail and dealer cost prices concurrently while ensuring that corporate and dealer objectives are met. It provides consistency across all channels of trade, whether using street-back pricing, cost plus or more complex, variable margin share arrangements or optimization to generate dealer costs and the extensive suite of retail rules that have been available to retailers for many years.
Having a single data warehouse for all retail and dealer sites allows in-depth analytics across all channels and helps operators closely monitor volume and margin performance. PriceNet also provides temporary allowance management functionality and alerts that automatically highlight when contracts and allowances will expire.
“PriceNet is effectively becoming a Pricing ERP – a pricing and analytics hub for all channels of trade,” said Bob Stein, President and CEO of KSS Fuels. “Incorporating optimization into the dealer cost decision takes the PriceNet offering to a new level, and we are sure that it will add significant value to any retailer that manages dealer cost pricing.”
About KSS Fuels
KSS Fuels is the pre-eminent global leader in fuels pricing and retail location intelligence, with proven software, analytics and consulting solutions that draw upon more than 40 years of expertise and insight into the needs and opportunities of petroleum retailers. Clients benefit from having a single, integrated source for the data-driven intelligence necessary to optimize pricing strategies and to evaluate and manage retail network locations to enhance profitability and build long-term business value. With global headquarters in Manchester, United Kingdom, the company has North American headquarters in Florham Park, NJ, as well as offices in Florida, Illinois, Ohio, Oklahoma, Texas and Canada and international operations in Brazil, China, India, Japan, Korea and Africa. For more information about KSS Fuels, please visit www.kssfuels.com.
Dix & Eaton
Amy McGahan, 216-241-3027